©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.
IDC Press Release, 3/2/11
IDC Government Insights today announced the availability of a new report, IT Spending in the 2012 US Federal Budget — Details by Agency (Document #GI227023), that discusses proposed decreases to spending on information technology (IT) by individual agencies of the United States Federal Government as high as 41%.
The proposed United States Federal Budget for fiscal year 2012, released by the Office of Management and Budget in February, totals $3.7 trillion and calls for a combination of tax increases and spending decreases, leading toward a plan to cut $1.1 trillion from the national debt by 2022. Based on preliminary data, the agency facing the largest proposed decrease to IT funding levels is the Department of Housing and Urban Development (HUD) with up to a 41% cut to IT funds, proposed to total $321.7 million. The overall proposed budget for this department is $623 billion, down from $695.6 billion last year.