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5:35 am, December 20, 2014

Financial Management News

Coburn calls for partial federal job freeze as sequestration nears

The Republican senator from Oklahoma is asking the Office of Management and Budget to require agencies to stop hiring for certain positions. Instead, he would like that funding put towards mission critical jobs that could be affected by sequestration cuts. Coburn, the ranking member of the Homeland Security and Governmental Affairs Committee, found 10 jobs listed on USAJobs.gov that he believes could be frozen. He says this would give agencies $1.4 million to spend on positions like border security officers and TSA screeners.

Monday - 02/25/2013, 03:03pm EST

OMB to test agency readiness to move to financial shared services

Danny Werfel, the OMB controller, will issue a new policy in the coming weeks that will mandate agencies simplify their requirements before upgrading their general ledger systems. The policy also will require agencies to strongly consider one of the four federal shared service providers. OMB said it has learned lessons from the previous attempts to move agencies into these common financial management infrastructures.

Friday - 02/22/2013, 05:43am EST
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Q & A with OMB's Joe Jordan

Joe Jordan, administrator for Federal Procurement Policy at OMB, joins host Roger Waldron to discuss a wide range of procurement issues.
January 29, 2013

Tuesday - 01/29/2013, 10:40pm EST
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The top 12 in 2012

Tom Johnson and Alice Lipowicz from Set Aside Alert join host Mark Amtower to discuss 2012's biggest federal stories.
January 28, 2013(Encore presentation February 4, 2013)

Monday - 01/28/2013, 08:07pm EST
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Government shutdown, furloughs, and more

Janet Kopenhaver from Federally Employed Woman and Federal Times Senior Writer Sean Reilly, join host Mike Causey to talk about what would happen if the federal government were to shut down.
January 16, 2013

Wednesday - 01/16/2013, 07:55pm EST
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Inside the Reporter's Notebook: GSA FAS, shared services and DHS contract awards

News and buzz in the acquisition and IT communities that you may have missed this week.

Friday - 01/11/2013, 06:50pm EST

NASA's $1 billion opportunities and a preview of the 113th

On this week's Bloomberg Government Capital Impact show, analysts examine NASA's acquisition forecast for this year, and the legislative agenda on Capitol Hill.
January 10, 2013

Thursday - 01/10/2013, 06:58pm EST
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The TSP in 2013

Bob Leins and Tammy Flanagan host a round table discussion of the Thrift Savings Plan and what's ahead for the TSP this year.
January 7, 2013

Tuesday - 01/08/2013, 12:22am EST
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The top ten federal stories of 2012

Michael Keating, senior editor for Government Product News, joins host Mark Amtower to talk about the GSA scandal, and other big stories in 2012.
January 7, 2013

Monday - 01/07/2013, 08:47pm EST
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Mica to take over new Government Operations subcommittee

The House Oversight and Government Reform Committee is consolidating two subcommittees that oversee major agency functions, such as procurement and technology, into a new panel. No news yet on who will be the ranking members.

Wednesday - 01/02/2013, 03:33pm EST

House OKs DHS audit, lightens GAO load

The House this week approved a handful of bills aimed at improving federal financial management and oversight of government operations. Two of the bills — one requiring the Homeland Security Department to pass a complete financial audit and the other lightening the mandatory caseload of the Government Accountability Office — have already been passed by the Senate and head to the president's desk for his signature.

Friday - 12/14/2012, 05:41pm EST

Lawmakers up in arms over report on Army payroll problems

The U.S. Army's $47 billion in annual military payroll accounts has caused major woes for some soldiers trying to collect their pay, according to a new report by the Government Accountability Office. As a result of the Army being unable to track and collect data on numerous pay errors including over payments, under payments, data entry errors and fraud, active duty soldiers are not receiving the correct compensation and this has a bipartisan team of lawmakers furious.

Friday - 12/14/2012, 03:17pm EST

Fiscal Cliff and FERC Order 1000, Monopoly Killer?

On this week's Capital Impact show, analysts discuss the fiscal cliff and its impact, and how a new court ruling will affect traditional utilites and power companies.
December 6, 2012

Thursday - 12/06/2012, 06:17pm EST
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Senate votes to require DHS clean audit by 2013

The Homeland Security Department would be required to conduct and pass a full financial audit under a bill unanimously approved by the Senate on Wednesday. The DART Act requires the agency, long characterized by the Government Accountability Office as being at high-risk for waste and abuse, to reach a clean audit opinion by 2013.

Thursday - 11/29/2012, 06:49pm EST

Werfel: Gov't avoids $47B in overpayments

OMB Controller Danny Werfel announced Wednesday the federal government avoided paying out $47 billion in overpayments over the last three years. This missed President Barack Obama's goal of reducing improper payments by $50 billion by the end of FY2012.

Friday - 11/23/2012, 10:12am EST

Export-Import Bank gives while other agencies take

Fred Hochberg, the Export-Import Bank president told The Federal Drive with Tom Temin and Emily Kopp that unlike other agencies, his agency has been able to pay money to the government rather than take money from the government.

Friday - 11/16/2012, 12:48pm EST
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The 2012 election and its impact on the federal government

Charles Clark, senior reporter at Government Executive magazine will talk about what's in store for federal agencies, now that President Obama has won a second term.
November 9, 2012(Encore presentation November 30, 2013)

Friday - 11/09/2012, 09:44pm EST
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Postmaster General urges quick action in lame duck session

Postmaster General Patrick Donahoe says his number one priority is seeing legislation passed in the upcoming lame-duck session of Congress that will help the U.S. Postal Service get out of debt. In an exclusive interview with Federal News Radio, Donahoe details the latest on the agency's financial situation, buyouts, the consolidation of mail processing centers, and its plan to cut window hours at half of its post offices across the country.

Thursday - 11/01/2012, 03:38am EDT
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Cost recovery strategies in the "new normal"

Budget cuts are the "new normal" for the foreseeable future, as agencies consider multi-year cost reduction strategies. To continue serving constituents and agency missions despite reduced funding and growing uncertainty over the coming fiscal years—how prepared is your organization to make sustainable cuts? Hear insights from Janet Hale, former Undersecretary of Management at the Department of Homeland Security and Joann Boutelle, former Deputy Chief Financial Officer at the Department of Defense.

Tuesday - 10/30/2012, 12:36pm EDT
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Swing states, tax code and the fiscal cliff

On this week's Bloomberg Government Capital Impact show, analysts will examine the challenges facing the swing state of Virginia. Plus, what does Arizona Senator John McCain think about the U.S. tax code and other financial issues.
October 11, 2012

Thursday - 10/11/2012, 07:07pm EDT
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