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Federal IT Won’t Keep Pace With Innovation For FY14 And Beyond, TechAmerica Forecast Finds

Budgets cuts and the continuation of sequestration means that federal IT will lag behind for the next several years, according to Washington-based nonprofit TechAmerica’s annual forecast.  Total Federal IT Market Forecast For FY14-19. Graph: TechAmerica. The Vision Federal Market Forecast charts a drop of $16 billion in the total federal IT budget since its high of $86 billion in 2009 (constant dollars). TechAmerica predicts the only increases in federal spending on IT in the next five years will be due…

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Congress Updates

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