Senate to take $100M back from TMF, $10M from USDS

Published: March 26, 2024, 12:02 p.m.

b'The Senate got its pound of flesh from the Technology Modernization Fund after all.\\nDespite the efforts by industry and the Office of Management and Budget over the last six plus months to change the committee\\u2019s mind, Senate appropriators rescinded $100 million from the TMF for fiscal 2024.\\nSenate lawmakers released the remaining 2024 appropriations bill today that detailed the decisions to reduce funding for centralized IT modernization accounts across the board.\\nThe TMF is taking a double hit as the Senate also zeroed out any new funding for this year, possibly leaving the IT modernization effort in a tough spot from a funding perspective.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'