The onset of budgetary sequestration in 2013 contributed to a decline in contract obligations across the government over the course of a five-year period, with a majority of that decrease coming from the Defense Department, according to a new report from the Government Accountability Office. Defense contract obligations for products and services decreased by nearly 31 percent from fiscal year 2011 to FY-15, GAO wrote in the March 9 report . Civilian agency spending, however, remained fairly steady, decreasing by...
