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GAO praises DoD audit plans, questions implementation

In reports and testimony to Congress, the Government Accountability Office finds DoD has built a credible plan to meet a Congressionally-mandated full financial audit by 2017. However, the audit agency is skeptical the military branches will be able to implement the plan in time.

Tags: DoD , management , financial management , Robert Hale , Jamie Morin , Tom Coburn , Gladys Commons , audit readiness , GAO , Asif Khan , Jared Serbu

Monday - 09/19/2011, 05:13am EDT
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Share-the-pain list out today

According to certain twisted history buffs, somebody in April, 1865, asked Mrs. Abraham Lincoln how the liked the play at Ford's Theater. Federal workers may appreciate the irony of that sick joke later on today, Senior Correspondent Mike Causey says.

Tags: Federal-Postal Coalition , super committee , Mike Causey , federal report , COLA , pay and benefits , retirement , workforce ,

Monday - 09/19/2011, 02:02am EDT

Treasury: Trillion-dollar coin would not be legal

Treasury Department spokesman Anthony Coley said Saturday that neither his department nor the Federal Reserve believes the law can or should be used to produce such a $1 trillion coin to avoid a coming battle with Congress over government borrowing.

Tags: Treasury , Federal Reserve , debt ceiling , budget ,

Saturday - 01/12/2013, 05:44pm EST

DoD nominee warns of 'draconian' cuts

Ashton Carter, the nominee to be the new deputy Defense secretary, said DoD will need to consider civilian employee furloughs, the abandonment of major weapons systems and a severe curtailing of military training if the sequestration envisioned by Congress as a budget-cutting forcing function takes effect.

Tags: DoD , contracting , acquisition , budget , sequestration , management , Jared Serbu

Wednesday - 09/14/2011, 10:17am EDT
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Court OKs immunity for telecoms in wiretap case

A unanimous three-judge panel of the 9th U.S. Circuit Court of Appeals affirmed a lower court ruling that a 2008 law granting legal immunity for companies helping the National Security Agency with an email and telephone eavesdropping program is constitutional.

Tags: NSA , Electronic Frontier Foundation , intelligence , Justice Department , national security , AT&T , Sprint Nextel , Verizon , BellSouth , ACLU

Thursday - 12/29/2011, 09:57pm EST

Where's the WPA when we need it?

Commentator Barlow Herget says we should look to history for lessons on the current economic situation.

Tags: economy , budget , Franklin Roosevelt

Thursday - 07/28/2011, 04:59pm EDT

Nip and Tuck or Guillotine Time?

It's showtime for Congress, the White House and members of the federal family. Odds are, Senior Correspondent Mike Causey says, you are not going to like what you see and hear for the next couple of weeks.

Tags: Mike Causey , federal report , budget , debt ceiling , White House

Thursday - 07/21/2011, 04:00am EDT

Bill protects military pay if government defaults

A new bill would protect military pay even if the government defaults because Congress doesn't authorize an increase to the government's debt ceiling. Rep. Steve King (R-Iowa), who co-sponsored the Payment Reliability for our Obligations to Military and Investors to Secure Essential Stability, or PROMISES Act, discussed the bill with Federal News Radio.

Tags: Congressional Spotlight , steve king , debt ceiling , military

Tuesday - 07/19/2011, 05:42pm EDT
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