FCC Managing Director David Robbins it slated to brief FCC...
FCC Managing Director David Robbins it slated to brief FCC staff Thursday afternoon on the overall effects of a sequester, if sequestration takes effect as many expect on Friday. The FCC is paid for through industry fees but still faces…
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the same cuts as other federal agencies, FCC officials said Tuesday. Part of what the FCC does, like auctions which will raise revenue, is not subject to cuts. Hogan Lovells lawyer Trey Hanbury estimated on a blog last year that sequestration will force the FCC to cut its annual $340 million budget by about $28 million, or about 8.2 percent, over a one year period (http://bit.ly/XZmuj7). Hanbury noted Tuesday that the cuts will be about $14 million initially, since the government is entering the second half of its fiscal year. The agency is likely to cut discretionary expenses like travel and equipment purchases first, followed by recurring costs like office space, but ultimately will have to cut contractors and full-time employees through furloughs, since salaries make up about $245 million of the agency’s total budget, he said.