MODERNIZATION

House committee kills $3B IT modernization fund

The House Budget Committee rejected an amendment to provide $3 billion for a revolving IT modernization fund in a hearing to pass the fiscal year 2017 budget resolution, according to FCW.

The fund was proposed by President Obama in his fiscal 2017 budget request and would need a $3 billion appropriation from Congress to launch.

It is intended to serve as a mechanism for agencies to upgrade legacy IT to more modern, cloud-based systems, FCW reported.

Reader Comments

Mon, Mar 21, 2016 Bob Vuolo 20191

It wasn't too long ago that Congress gave POTUS ONE TRILLION DOLLARS!

Mon, Mar 21, 2016 Bob Vuolo 20191

Giving money to the Feds is like pissing in the wind.

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