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Retirement funds temporarily tapped to avoid debt limit default
In order to avoid defaulting on the national debt, Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time.
Tags: Treasury , retirement
Treasury secretary working on penmanship
Treasury Secretary Jacob Lew's loopy signature is showing signs of improvement as he gets ready to affix his "Jacob Lew" to the nation's currency.
Tags: Treasury Department ,
Lew set to start at Treasury as budget cuts loom
Likely Treasury chief Lew faces early budget tests
Tags: Treasury Department , Timothy Geithner , Senate Finance Committee
Three Recovery Board lessons ready for governmentwide expansion
The Government Accountability and Transparency Board submitted its first report to President Barack Obama last week highlighting oversight and accountability initiatives that could be used by more agencies. The Recovery Board is testing a new site to bring together analytical and forensic tools to prevent and find waste, fraud and abuse.
Tags: management , budget , Campaign to Cut Waste , OMB , Recovery and Transparency Board , Government Accountability and Transparency Board , improper payments , waste, fraud and abuse , Jason Miller , oversight
Deadline nears to reach omnibus deal, avoid shutdown
The fight has started to push an omnibus spending bill through Congress to fund the federal government through the rest of the year. The current continuing resolution expires Dec. 16.
Tags: Erik Wasson , The Hill , Federal Drive , Congress , budget , management , omnibus , Barack Obama
FedRAMP cloud security memo makes it past OMB director's review
Office of Management and Budget Director Jacob Lew has approved the cloud security memo and guidance, known as FedRAMP, pushing it to the brink of public release, Federal News Radio has learned. Multiple sources confirmed Lew approved the documents before Thanksgiving and OMB could issue the memo and guidance as early as next week.
Tags: technology , cybersecurity , cloud computing , OMB , FedRAMP , GSA , DoD , DHS , Dave McClure , Jason Miller
OMB's Lew says shutdown unlikely, no decision on longer pay freeze
Office of Management and Budget Director Jack Lew said he's optimistic Congress will keep the government running when the CR runs out later this month. But he said the administration is undecided about whether to extend the federal pay freeze. Lew said budget cuts are an opportunity for all agencies to get better.
Tags: management , OMB , budget , Congress , spending bills , Politico , Jason Miller
OMB, Congress to put grant-making process under more scrutiny
Rep. James Lankford (R-Okla.) said he will hold hearings to see how to make the federal grant process more transparent. The administration merged two existing boards into a new Council on Financial Assistance Reform to improve the grant-making process. HHS awarded a $32.4 million contract for IT services for grants.gov portal.
Tags: technology , grants , OMB , James Lankford , House Oversight and Government Reform Committee , Danny Werfel , Grants.gov , Council on Financial Assistance Reform , HHS , GAO , Jason Miller
Senate confirms Higginbottom as OMB deputy director
The final vote was 64-36 for the former Obama policy director.
Tags: Heather Higginbottom , OMB , budget , people , management , Barack Obama , Senate , Congress
