Biden proposes $9B for Technology Modernization Fund

“President-elect Joe Biden wants to give federal technology modernization and cybersecurity efforts a historic increase.

As part of his COVID relief proposal to Congress, Biden called the need to upgrade the federal IT infrastructure an urgent national security issue. To that end, the proposal requests $9 billion for the Technology Modernization Fund—a 3,600% increase over the $25 million it received in fiscal 2020…”

“’By asking for $9 billion in TMF funding, the Biden team clearly understands its unique value proposition and ability to drive critical IT modernization efforts that can support agency efforts to respond to COVID-19 and accelerate the delivery of enhanced digital services that citizens are demanding,’ said Matt Cornelius, the executive director of the Alliance for Digital Innovation, an industry association, and a former senior technology and cybersecurity advisor at the Office of Management and Budget. ‘OMB and GSA could use this infusion of capital to ‘flip the model’ of the TMF and use it to fund large-scale, enterprisewide IT modernization efforts across some or all federal agencies, while still making targeted investments in individual agency programs that could benefit from the TMF Board’s oversight and the flexibility of funding that TMF provides.’…”

“Along with the TMF, the President-elect proposed another $300 million for IT modernization initiatives led by the General Services Administration’s Technology Transformation Service. This would be no-year funding to ‘drive secure IT projects forward without the need of reimbursement from agencies.’…” Read the full article here.

Source: Biden proposal calls investments in federal IT ‘an urgent national security issue’ – By Jason Miller, January 15, 2021. Federal News Network.

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