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Acting Special Inspector General for the TARP program Christy Romero joined the Federal Drive with Tom Temin and Amy Morris to discuss the latest IG report on how the Treasury Department handled banks who exited the program.
Nikki Clowers, GAO\'s director of financial markets and community investment issue, joined the Federal Drive with Tom Temin and Amy Morris to discuss the recommendations that have gone unheeded.
A coalition of 21 groups representing five-million federal employees and retirees wrote a letter to OMB and Treasury asking for information about what happens to federal workers if the debt ceiling isn\'t raised. NTEU is planning a rally in New York to oppose proposed cuts to federal employees pay and benefits.
All agency bureaus will implement the Internet Payment Platform by 2012. Additionally, all Treasury vendors must submit invoices through the portal starting in 2013. The electronic invoice payment program is one of 12 initiatives to improve federal financial management.
Obama administration officials told Congress agencies are taking a more aggressive stance than ever in their efforts to cut improper payments. The White House has set a goal of reducing such payments by $50 billion by next fiscal year.
Your agency is asking you to do more with less. Using innovative ideas is one way to do that. The Treasury Department came up with its own way to save money with the New Markets Tax Credit Program.
The U.S. Department of the Treasury is retiring the paper Social Security check for millions of baby boomers and others applying for federal benefits, a move that will save taxpayers $1 billion over the next 10 years.
SIGTARP Christy Romero discusses the findings of Treasury\'s oversight of legal fees.
The Treasury Department\'s contracting process for legal services under the Troubled Asset Relief Program lacks controls to prevent overpayment.
The Treasury Department named Robyn East to be their new chief information officer.
As he concludes his tenure as the Special Inspector General for the Troubled Asset Relief Program, Neil Barofsky looks back in candor.
The Government Accountability Office continues to follow the progress of TARP. GAO\'s Tom McCool gives us an update.
OMB controller Danny Werfel said the Treasury Department should be finished testing and analyzing systems in the next six months. The CFO Council highlights priorities for 2011, and among them is the further reduction of improper payments. Werfel said agencies will begin using the software tool first utilized by the Recovery Board to identify potential problems.
Dick Gregg, Fiscal Assistant Secretary at Treasury, joins the Federal Drive with details on the Treasury\'s move to paper-less benefits