Statement by GSA Administrator Robin Carnahan on the president’s fiscal year 2024 budget
Budget makes smart investments in federal infrastructure and technology and calls for GSA to be able to reinvest funds it collects
WASHINGTON - The Biden-Harris Administration today released the President’s Budget for Fiscal Year 2024. The Budget details a blueprint to grow the economy from the bottom up and middle out, lower costs for families, protect and strengthen Medicare and Social Security, and reduce the deficit by ensuring the wealthy and big corporations pay their fair share—all while ensuring no one making less than $400,000 per year pays more in taxes.
“The President’s Budget reflects smart investments that will help GSA make cost-saving upgrades to federal buildings, bolster the nation’s cybersecurity, and improve how the government delivers digital services to millions of Americans,” said GSA Administrator Robin Carnahan. “In addition, for the first time ever, the President’s Budget includes a provision that will guarantee full access to the Federal Buildings Fund while preserving Congress’s discretion to decide on and authorize investments - this is a game-changing provision that will enable GSA to modernize and consolidate the federal footprint, saving taxpayers millions and creating good-paying jobs in local communities.”
The Budget makes critical, targeted investments for the American people that will promote greater prosperity and economic growth for decades to come. At GSA, the Budget will:
- Modernize federal buildings and reduce long term costs. The President’s budget includes $11.1 billion in budget authority for the Federal Buildings Fund to reduce the growing backlog of critical repairs and renovations, enhance sustainability, reduce long term costs, and create jobs in local communities. In addition to making long-overdue upgrades and repairs, the Budget will allow the Public Buildings Service to continue reducing the federal government’s reliance on costly leased space. The President’s budget request also calls on Congress to allow GSA to have full access to the annual revenues deposited in the FBF. With about half of GSA’s active leases set to expire in the next five years, full FBF access will help GSA address its backlog in deferred maintenance and consolidate leases into federally-owned facilities, resulting in savings through reduced lease payments.
- Improve digital services and strengthen cybersecurity. The budget includes $200 million for the Technology Modernization Fund (TMF), allowing the TMF to continue bolstering cybersecurity through supporting zero trust architecture, to replace outdated standalone legacy systems with shared services, and to improve customer experience for Americans in need of government services. The budget also includes $90 million for the Federal Citizen Services Fund administered by the Technology Transformation Services to support modernization and adoption of digital services, increasing the federal government’s ability to deliver accessible, equitable, and efficient solutions for the American people.
Building on the President’s strong record of fiscal responsibility, the Budget more than fully pays for its investments—reducing deficits by nearly $3 trillion over the next decade by asking the wealthy and big corporations to pay their fair share.
GSA provides centralized procurement and shared services for the federal government, managing a nationwide real estate portfolio of nearly 370 million rentable square feet, overseeing approximately $75 billion in annual contracts, and delivering technology services that serve millions of people across dozens of federal agencies. GSA’s mission is to deliver the best customer experience and value in real estate, acquisition, and technology services to the government and the American people. For more information, visit GSA.gov and follow us at @USGSA