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UPDATE: Federal IT spending gets 2 percent bump

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The president’s budget will propose a 2 percent increase in overall information technology funding in 2014 to about $82 billion. 

The slight increase is compared with 2012 levels and may mean that agencies will be allowed to reinvest savings from targeted cuts the administration directed last fall. The increased funding, however, seems to contradict administration efforts to reduce IT spending.

Cybersecurity, innovation and delivering efficient IT are among the priorities expected to be outlined in the budget.

More details to come…

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