U.S. posts another budget deficit as tax revenues sag

Reuters | February 14, 2019

The U.S. federal government ran a $14 billion budget deficit in December as revenues sagged following last year’s tax cuts even as the economy appeared strong, Treasury Department data showed on Wednesday. Analysts polled by Reuters had expected an $11 billion deficit for the month and the gap was the latest sign of deterioration in the government’s fiscal position. A strong U.S. job market has appeared to power economic growth this year, an economic setting that tends to help fiscal revenues. Economists suspect some of the economic strength draws from tax cuts that came into effect at the beginning of 2018.

Spotlight

Digital modernization refers to the process of utilizing technology, whether through adoption of new tools or the improvement of existing ones, to achieve organizational goals. This can include enhancing the user experience, ensuring high uptime, implementing robust security measures, reducing latency, and streamlining processes for resolving issues. All levels of government are going through a digital transformation to deliver services and programs more effectively,transparently, and economically.To meet the demands of citizens who have adapted to the technological advancements in society, digital government transformation has become a vital aspect of providing efficient and effective services. However, one of the biggest hurdles in this process for federal agencies is striking a balance between leveraging technology for its benefits and maintaining robust security and privacy measures. Federal agencies handle confidential information regularly, making it imperative to safeguard against data breaches. Consequently, agencies must ensure that their digital systems and procedures are secure and adhere to relevant regulatory requirements.

Spotlight

Digital modernization refers to the process of utilizing technology, whether through adoption of new tools or the improvement of existing ones, to achieve organizational goals. This can include enhancing the user experience, ensuring high uptime, implementing robust security measures, reducing latency, and streamlining processes for resolving issues. All levels of government are going through a digital transformation to deliver services and programs more effectively,transparently, and economically.To meet the demands of citizens who have adapted to the technological advancements in society, digital government transformation has become a vital aspect of providing efficient and effective services. However, one of the biggest hurdles in this process for federal agencies is striking a balance between leveraging technology for its benefits and maintaining robust security and privacy measures. Federal agencies handle confidential information regularly, making it imperative to safeguard against data breaches. Consequently, agencies must ensure that their digital systems and procedures are secure and adhere to relevant regulatory requirements.

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Borough of Caldwell Joins Community of Local Buyers with the New Jersey Purchasing Group

Bidnet Direct | November 28, 2022

Today, the Borough of Caldwell announces it has joined the New Jersey Purchasing Group, a regional purchasing community by Bidnet Direct. Local government agencies throughout New Jersey utilize the purchasing group for bid and vendor management. The Borough of Caldwell invites all potential vendors to register online with the New Jersey Purchasing Group to access its upcoming solicitations by visiting http://www.bidnetdirect.com/new-jersey/caldwellnj. The Borough of Caldwell joins the New Jersey Purchasing Group and the community of over 50 participating local government agencies located throughout New Jersey. Along with a variety of bid and vendor management solutions, the Borough of Caldwell gains access to a bid library to help with bid creation, a shared pool of vendors, and association with like-minded purchasing professionals in the area. Vendors interested in doing business with the Borough of Caldwell are encouraged to register at http://www.bidnetdirect.com/new-jersey/caldwellnj. Benefits of joining the New Jersey Purchasing Group include: Centralized location for bids from approximately 54 participating agencies Bid alerts customized to the vendors’ products or services Reliable and timely delivery of notifications, addenda and documents The New Jersey Purchasing Group is one of Bidnet Direct’s regional purchasing groups throughout the country. It provides the Borough of Caldwell a bid and vendor management solution, document and addendum distribution, and tracking of all activity throughout the procurement process. About the Borough of Caldwell: Please visit the Borough of Caldwell’s website to explore the history and structure of the Borough. Our History - Caldwell, New Jersey About Bidnet Direct: Bidnet Direct, powered by mdf commerce, is a sourcing solution of regional purchasing groups available at no cost to local government agencies throughout the country. Bidnet Direct runs regional purchasing groups, including the New Jersey Purchasing Group, across all 50 states that are used by over 1,600 local governments.

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U.S. Department of Agriculture Selects Tantus Tech for Security Compliance

Tantus Technologies | January 04, 2023

In a recent announcement, Virginia-based Tantus Technologies, Inc., received a Task Order through the Farm Production and Conservation (FPAC) Information Assurance Branch. Tantus is engaged to provide cyber security services to the Risk Management Agency (RMA), Natural Resources Conservation Service (NRCS), Farm Service Agency (FSA), and the U.S. Department of Agriculture (USDA). Tantus, via the FPAC, has provided its expertise to several vital applications, systems and programs related to crop insurance, conservation, lending, and other services for over five years. The new Task Order mandates Tantus with authorization documentation analysis; project maintenance and management; security assessment and cyber security compliance support; contingency planning preparedness; and readiness and assurance support for the entire FPAC. Due to the long working relationship, USDA – FPAC selected Tantus for this crucial implementation. Under the federal Zero Trust Architecture mandates Tantus will focus on packaging its cyber services with automation, emerging practices and technologies to assist federal agencies in improving their security compliance. Tantus intends to bring thought leadership to this transition and increase the overall security of FPAC systems. The National Institutes of Health (NIH) Information Technology Acquisition and Assessment Center's (NITAAC) Chief Information Officer – Solutions and Partners 3 Small Business (CIO-SP3 SB) contract awarded the new Task Order to Tantus. About Tantus Technologies, Inc. Tantus Technologies offers federal clients complete IT solutions and management consulting. With over two decades of experience working with the government, Tantus Tech solutions expertise ranges across Artificial Intelligence, Agile, Human Centered Design, DevOps, Strategy Realization, Program/Project Management, and Cybersecurity.

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SentinelOne Announces Membership with CISA’s Joint Cyber Defense Collaborative

Cybersecurity and Infrastructure Security Agency | January 17, 2023

SentinelOne, an autonomous cybersecurity solution provider, recently announced that it joined the Joint Cyber Defense Collaborative (JCDC). The membership further supports the US Government's strategy to protect the cyber ecosystem and critical infrastructure. Cybersecurity and Infrastructure Security Agency (CISA) founded JCDC in 2021. The collaborative aims to unite the international cyber community and defend cyberspace. SentinelLabs and SentinelOne's autonomous cybersecurity platforms will aid JCDC in collecting, analyzing, and disseminating data on cyber threats. SentinelOne will lend its insights and support to JCDC's strategic planning and offer advice as part of the partnership. As a result, JCDC will have unprecedented insight into new threats through this collaboration, allowing them to prevent attacks even before they happen. SentinelLabs is a top-tier team of security researchers dedicated to discovering and analyzing critical vulnerabilities, attack vectors, malware strains, and threat actors. "JCDC goes beyond other public-private partnerships, delivering collaborative engagement between the nation's top cyber minds with a focus on planning, action, and mitigation. With exceptional speed, scale and intelligence, our team and technology will play a crucial role in the organization's continued success. We have partnered closely with CISA for years and look forward to continuing that relationship, helping protect the world's most critical assets and information," said Jared Phipps, SVP of Americas Sales and Solution Engineering. (Source: Business Wire) About Cybersecurity and Infrastructure Security Agency Cybersecurity and Infrastructure Security Agency (CISA) established JCDC in August 2021 to transform traditional public-private partnerships into real-time private-public operational collaboration and shift the paradigm from reacting to threats and vulnerabilities to proactively planning and taking steps to mitigate them. The company leads the national effort to understand, manage, and reduce risk to its cyber and physical infrastructure. Its multi-faceted mission is home to more than 15 career fields including business administration, cybersecurity, program management, communications, and data science.

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