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Congress
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On this week's edition of Bloomberg Government's Capital Impact show, analysts will discuss the deficit's impact on Medicare and Medicaid, the costs of requiring capital buffers on money market funds. Plus, what legislation will Congress tackle in its lame-duck session? Setember 27, 2012
September 27, 2012 -
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For the second time in as many months, the cash- strapped U.S. Postal Service says it will default on a required payment to fund future postal retirees' health benefits. The announcement comes after the agency similarly missed a $5.5 billion payment last month, and as longterm legislative solutions languish in Congress.
September 27, 2012 -
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The Energy and Homeland Security departments are working with companies in the electricity sector to come up with a baseline set of cybersecurity standards. Michael Daniel, the White House cyber coordinator, said the framework is making a difference in how owners and operators secure their networks. But Rep. Mike Rogers (R-Mich.) said without liability protections expansion of these efforts isn't likely.
September 27, 2012 -
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As the make-or-break sequestration deadline draws closer, top federal officials are increasingly using (or at least thinking) the F-word, Senior Correspondent Mike Causey says.
September 26, 2012 -
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Six senators sent a letter to their Senate leaders asking for a bipartisan effort to end the threat of automatic, across-the-board budget cuts due to take effect in January.
September 25, 2012 -
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No matter who wins the Presidential election, non-career officials who might one day serve in either an Obama or Romney administration will face a cumbersome appointment process that is just starting to be reformed. Linda Springer, who served as the head of the Office of Personnel Management during the George W. Bush administration told In Depth with Francis Rose the onerous Senate confirmation process for political appointees has been a longstanding issue.
September 24, 2012 -
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For the first time, review panels will question not just new IT projects, but also money spent on maintaining older technologies. The changes are part of an overhaul Congress ordered the Pentagon to implement with regard to how it handles investment review boards, the internal overseers that federal agencies use to greenlight spending for business IT systems.
September 24, 2012 -
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Gadi Dechter of the Center for American Progress Action Fund and Diana Furchgott-Roth of the Manhattan Institute discuss the next four years under an Obama or Romney administration. David Mao, a law librarian at the Library of Congress, talks about the library's new Congress.gov website.
September 21, 2012 -
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House Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings and Emergency Management approved the Public Buildings Reform Act. It includes reducing GSA's Public Buildings Service workforce to 2008 levels and freezing SES bonuses through 2014 across the entire agency.
September 21, 2012 -
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Robert Hale, the military's CFO, said reductions in force would cost more money than the Defense Department would save. But hiring a freeze and involuntary unpaid furloughs would be likely for civilians.
September 21, 2012 -
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On this week's Bloomberg Government Capital Impact, analysts discuss OMB's sequestration report and how highway funding is affected. Plus, how much money are Super-Pacs spending on this year's presidential election. September 20, 2012
September 20, 2012 -
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Cyber criminals might unknowingly provide the impetus to help agencies address a cybersecurity skills gap. OPM also is working with agencies to address other shortfalls in key workforce competencies.
September 20, 2012 -
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The Government Accountability Office said reports of malware targeting mobile devices have nearly tripled in less than a year.
September 19, 2012 -
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Defense Secretary Leon Panetta requested that all of his department's agencies have their auditable financial statements to him by 2014.
September 18, 2012
