Financial

Can DOD handle its business?

DOD has long been troubled by poor financial management, but 2012 could be the year it turns itself around.

OMB outlines progress on eliminating government waste

Effort to purge waste has a long way yet to go, officials report.

DISA passes government audit test ahead of most of DOD

DISA's fiscal 2011 Defense Working Capital Fund financial statement has earned the agency its first "clean" audit designation.

Agencies should plan for 10 percent budget cuts, OMB says

"Difficult year" ahead due to mandatory budget cuts, administration warns.

DOD focuses on IT for financial reform

The Defense Department is employing IT systems as a major strategy for financial management reform.

Possible default scares contractors

The ongoing debt-ceiling debate that threatens to put the government into default is as unnerving for contractors as it is for feds.

Budget crunch makes GSA popular

GSA Administrator Martha Johnson is getting an unprecedented amount of phone calls from agency leaders who want money-saving options.

Computer game offers a chance to solve fiscal crisis

As the debt ceiling debate rages on, a newly released computer game gives everyday people a go at solving the nation’s fiscal crisis, the Associated Press reports.

Senate bill would up ante for tax e-filing, target delinquent contractors

The measure, introduced by Sen. Tom Carper, builds on similar legislation introduced last year.

HHS to deploy new anti-fraud software for Medicare

Health and Human Services Secretary Kathleen Sebelius announced that new predictive fraud-catching tools for Medicare will go into effect on July 1.

DOD needs 'cost warriors,' report says

To make the most of tight budgets, the Defense Department needs skilled acquisition experts to spend what they have as effectively as possible.

SSA falls short on death e-record collection, official says

The Social Security Administration is collecting electronic data from only 30 states in its death record database.

House bill would stop most federal hiring

The Federal Hiring Freeze Act is introduced by Rep. Tom Marino (R-Pa.).

VA starts telework tax credit

Virginia companies are being offered cash in exchange for starting telework progams.

How to make reverse auctions even better

Steve Kelman advises FedBid on how to enhance the value of its reverse auction service.

Republican to propose spending cuts in CR legislation

House Appropriations Committee Chairman Rep. Hal Rogers (R-Ky.) has released a partial list of 70 drastic spending cuts that will be included in an upcoming continuing resolution bill.

Administration uses IT to cut improper payments

Agencies show a good start toward reaching the goal of reducing improper payments by $50 billion by the end of 2012, officials said.