Keyword: gao

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  • GAO: Obama administration website on stimulus spending fails on transparency

    07/07/2010 10:36:32 PM PDT · by Nachum · 14 replies
    the hill ^ | 7/7/10 | Gautham Nagesh
    The website used to track stimulus spending does not meet the transparency requirements laid out by the administration last year, according to a report from the Government Accountability Office (GAO). According to the 400-page report, only a quarter of the projects listed on Recovery.gov provide clear and complete information on the cost, schedule, purpose, location and status of stimulus-funded work. Most of the entries on the site provide some of that information, but 7 percent of the entries provide little to no information about how stimulus dollars are being spent, the report said. The study was conducted at the request...
  • DILLER: Planned Parenthood's missing millions

    06/21/2010 11:18:39 AM PDT · by iowamark · 19 replies · 1+ views
    Washington Times ^ | 06/21/2010 | Rita Diller
    New GAO report reveals disturbing financial discrepancies A new report from the U.S. Government Accountability Office (GAO) on federal tax money funneled into Planned Parenthood and similar organizations raises more questions than it answers about the nation's largest abortion chain. Planned Parenthood Federation of America's (PPFA) audits show the organization spent just $657.1 million between 2002 and 2008 from federal government grants and programs, but the abortion behemoth's own annual reports show that it took in $2.3 billion from government grants and programs during the same time period. That's not pocket change. Why the discrepancy? The report (the first of...
  • ‘ACORN Youth Union’ Chapters Were Funded by Justice Department, Says GAO

    06/18/2010 5:11:59 PM PDT · by jazusamo · 16 replies · 442+ views
    CNSNews ^ | June 18, 2010 | Terence P. Jeffrey
    (CNSNews.com) - The U.S. Justice Department gave a group called the New York Agency for Community Affairs a grant of $135,130 in fiscal year 2005 to “provide youth leadership training to students at select New York City schools, form ‘ACORN Youth Union’ chapters, and coordinate student campaigns to address issues such as school funding, neighborhood safety, and school governance,” according to a Government Accountability Office report released this week. The GAO report says that in fiscal years 2005 through 2009 the federal government gave ACORN and what the GAO calls “potentially related organizations” more than $40 million in federal funds.  According...
  • Report Shows Planned Parenthood Abortion Biz Got $650 Million in Taxpayer Funds

    06/16/2010 3:59:02 PM PDT · by wagglebee · 24 replies · 667+ views
    Life News ^ | 6/16/10 | Steven Ertelt
    Washington, DC (LifeNews.com) -- A new Government Accountability Office report shows the Planned Parenthood abortion business reported spending over $650 million in federal funds over a seven year period. That averages to just under $100 million in federal funds each year and is something pro-life groups and lawmakers on Capitol Hill want to see ended. The new 33-page report concerns how much federal money the Planned Parenthood federation of America is receiving and from what sources -- with most of the funds coming from the Title X family planning program.Combining the money received from the Health and Human Services department...
  • GAO: Planned Parenthood received $657 million in tax dollars over last seven years

    06/17/2010 5:18:16 AM PDT · by markomalley · 4 replies · 210+ views
    Washington Examiner ^ | 6/16/2010 | Mark Hemingway
    The Government Accountability Office has a released a report, “Fiscal Years 2002-2009 Obligations, Disbursements, and Expenditures for Selected Organizations Involved in Health-Related Activities.” But despite the soporific title, the report contains some pretty startling revelations about the amount government funding going to groups either perform abortions or advocate it.Over the seven year period studied in the report, Planned Parenthood received $657.1 million in tax dollars; Population Council received $284.3 million, the Guttmacher Institute received $12.7 million, Advocates for Youth received $8.7 million, and the International Planned Parenthood Federation received $3.9 million.All in all, $966.7 million tax dollars went to encouraging...
  • Head Start rife with enrollment fraud

    05/19/2010 3:54:30 AM PDT · by Scanian · 20 replies · 799+ views
    The Washington Times ^ | May 19, 2010 | Cheryl Wetzstein
    "Who won … Grandma or me?" the agent asked on the audiotape. "Grandma … because she had the lower income," the worker said, laughing. Other abuses included admitting a family who lived outside the Head Start service area, ignoring proof of employment, and admitting extraordinarily high numbers of "homeless" children. Under new rules, homeless children are automatically eligible for Head Start. The audio clips are available at the GAO web site, www.gao.gov, listed under "reports and testimonies" for May 18. The GAO also found two Head Start families who reported incomes "in excess of $110,000," and that 63 children were...
  • GAO: Census has computer problem (operator errors?)

    05/01/2010 3:31:47 PM PDT · by Texas Fossil · 18 replies · 503+ views
    My Way News ^ | Apr 30, 8:44 PM (ET) | JACOB ADELMAN
    LOS ANGELES (AP) - A computer system that the Census Bureau needs to manage its door-to-door count of the U.S. population remained buggy and prone to crash a day before enumerators were set to begin their work, government officials said Friday. The bureau's Paper Based Operations Control System did not function reliably in tests and, despite hardware and software upgrades, "may not be able to perform as needed under full operational loads," the U.S. Government Accountability Office said in a report. "So far, it is not as stable as it needs to be," GAO Strategic Issues Director Robert Goldenkoff said...
  • Muzzling the Watchdog

    04/13/2010 11:23:56 AM PDT · by bs9021 · 1 replies · 119+ views
    AIA-FL Blog ^ | April 13, 2010 | Malcolm A. Kline
    Muzzling the Watchdog Malcolm A. Kline, April 13, 2010 The opposition party in Congress is concerned with the top choice of the majority party to head the fairly independent congressional research arm, the Government Accountability Office (GAO). Their qualms are not unfounded. “President Obama has a choice to make,” Rep. Darrell Issa of California, a GAO selection panel member and the senior Republican on the House Oversight and Government Reform Committee stated. “He can either follow the unfortunate and partisan path put forward by congressional Democrats and nominate an ideologue like Linda Bilmes or he can uphold GAO’s appropriate role...
  • GAO warns future of automaker pensions "uncertain"

    04/06/2010 2:56:21 PM PDT · by NormsRevenge · 67 replies · 1,256+ views
    AP on Yahoo ^ | 4/6/10 | Stephen Manning - ap
    WASHINGTON – Automakers General Motors and Chrysler will need to put billions of dollars into their pension plans over the next five years to meet their funding requirements, the Government Accountablity Office said Tuesday. The GAO concluded that GM will have to add $12.3 billion by 2014, while Chrysler is expected to need $2.62 billion more during that time for its pension plan to keep it properly funded. GM and Chrysler both went through government-orchestrated Chapter 11 bankruptcy protection last year. They emerged as newly restructured companies that were able to shed huge debts but remained responsible for the pension...
  • Phony products win Energy Star Label

    03/26/2010 12:42:36 PM PDT · by Kieri · 10 replies · 571+ views
    WXYZ-TV ^ | 03/26/10 | Staff
    WASHINGTON (AP) — Fifteen phony products — including a gasoline-powered alarm clock — won the Energy Star label in a test of the program's vulnerability to fraud. A report released Friday says government investigators tried to pass off 20 fake products as energy efficient, and only two were rejected. Three others didn't get a response. The General Accountability Office concludes the program is susceptible to fraud and abuse. The program run by the Energy Department and Environmental Protection Agency is supposed to identify energy-efficient products to help consumers. Tax credits and rebates serve as incentives to buy Energy Star products....
  • Pentagon tells Senate panel that F-35 is more than 50 percent over cost

    03/12/2010 6:50:25 PM PST · by ErnstStavroBlofeld · 17 replies · 507+ views
    The Hill ^ | 03/11/2010 | By Roxana Tiron
    The price tag for the F-35 Joint Strike Fighter (JSF) has increased by more than 50 percent, crossing a threshold that will force Pentagon officials to justify the need for the program to Congress, Pentagon officials told a Senate panel on Thursday. The price for one F-35 fighter jet in 2001 was estimated to be $50 million. Now the price tag has risen to between $80 million and $95 million per plane, calculated in 2002 constant dollars. In today’s dollars, one aircraft would cost an average of $112 million, according to Michael Sullivan, the director of the acquisition team at...
  • Cybersecurity: Progress Made but Challenges Remain...

    03/06/2010 1:30:35 PM PST · by Cindy · 2 replies · 154+ views
    Note: This is a SNIPPET only. Quote: GAO U.S. GOVERNMENT ACCOUNTABILITY OFFICE http://gao.gov/products/GAO-10-338 "Cybersecurity: Progress Made but Challenges Remain in Defining and Coordinating the Comprehensive National Initiative" GAO-10-338 March 5, 2010 SNIPPET: "Summary In response to the ongoing threats to federal systems and operations posed by cyber attacks, President Bush established the Comprehensive National Cybersecurity Initiative (CNCI) in 2008. This initiative consists of a set of projects aimed at reducing vulnerabilities, protecting against intrusions, and anticipating future threats. GAO was asked to determine (1) what actions have been taken to develop interagency mechanisms to plan and coordinate CNCI activities and...
  • Angela McGlowan is a Anti-Second Amendment GUN GRABBER!!

    02/09/2010 1:09:21 PM PST · by Fred · 49 replies · 1,893+ views
    Radio The Gallo Show ^ | 02092010 | Gallo Show
    Angela McGlawon is a big friggin GUN GRABBER!!!! Listen to Angela, in her own words - youtube
  • The U.S. must speak out against China's offenses

    02/04/2010 8:19:58 AM PST · by Liberty1970 · 3 replies · 212+ views
    Washington Post ^ | 2/4/2010 | Geng He
    One year ago today, China kidnapped my husband. I don't know where he is. I don't know what is being done to him. The only thing I know is why he disappeared: My husband, Gao Zhisheng, defied Beijing by representing people the government finds threatening. As a leading human rights lawyer in China, he fought for those who had been abused by police, those who had their land stolen by the government and those who were persecuted for their religious beliefs. And now my husband is one of those persecuted people he so vigorously defended. Chinese authorities abducted Zhisheng on...
  • Speaking Up for Tough Choices

    01/14/2010 8:22:27 AM PST · by bs9021 · 172+ views
    American Journalism Center ^ | January 14, 2010 | Tilla Bradley
    Speaking Up For Tough Choices Tilla Bradley, January 14, 2010 There is certainly no better time for the release of former Government Accountability Office (GAO) head David M. Walker’s latest book, Comeback America: Turning the Country around and Restoring Fiscal Responsibility than this. With the national debt at over 12 trillion dollars, America needs more sensible voices like Walker’s to help America stage the comeback to sound financial principles that is so fervently needed. The GAO is a research arm of the U.S. Congress. With over 35 years of experience in both the private and public sector, Mr. Walker is...
  • GAO opens ACORN investigation

    12/17/2009 11:21:11 AM PST · by Sub-Driver · 36 replies · 2,876+ views
    GAO opens ACORN investigation By: Jake Sherman December 17, 2009 01:52 PM EST A top House Republican says the Government Accountability Office has opened an investigation into ACORN’s use of taxpayer dollars. Rep. Lamar Smith (R-Texas) made the announcement Thursday in the course of demanding a separate FBI investigation into the group. “Only an independent criminal investigation conducted by the FBI can get to the bottom of the nationwide allegations against ACORN,” Smith said in a news release. The GAO investigation will be completed jointly with the executive branch’s inspector general. More than 20 senators and several House members asked...
  • DAY 309: GAO ZHISHENG STILL TORTURED, WHEREABOUTS UNKNOWN

    12/10/2009 6:54:44 PM PST · by rae4palin · 7 replies · 447+ views
    freegao.com ^ | 12/10/09 | rae4palin
    Christian human rights attorney Gao Zhisheng was seized by a dozen police officers and last seen in public on February 4, 2009. Gao Zhisheng has been repeatedly kidnapped, arrested, imprisoned and tortured by Chinese authorities for defending the persecuted. He has been an unyielding voice for justice in the Chinese courts and was even nominated for the Nobel Peace Prize in 2008.
  • Using Fake Documents to Get a Valid U.S. Passport

    12/09/2009 9:20:06 AM PST · by BGHater · 10 replies · 968+ views
    Schneier on Security ^ | 08 Dec 2009 | Bruce Schneier
    I missed this story: Since 2007, the U.S. State Department has been issuing high-tech "e-passports," which contain computer chips carrying biometric data to prevent forgery. Unfortunately, according to a March report from the Government Accountability Office (GAO), getting one of these supersecure passports under false pretenses isn't particularly difficult for anyone with even basic forgery skills. A GAO investigator managed to obtain four genuine U.S. passports using fake names and fraudulent documents. In one case, he used the Social Security number of a man who had died in 1965. In another, he used the Social Security number of a fictitious...
  • U.N. Deletes Documents, Won't Come Clean on Costs of Greening World Offices

    12/06/2009 3:43:57 PM PST · by PapaBear3625 · 27 replies · 1,125+ views
    Fox News ^ | Dec 3,2009 | George Russell
    The United Nations, which has been telling the world that it must cut back dramatically on its greenhouse gas emissions, has finally decided to practice what it preaches. But the world body isn't coming clean on the full costs of its self-greening effort with the member states who foot the bill. After Fox News began asking questions about a pilot project that aims to start that process, the documentation concerning the greening effort abruptly disappeared from the U.N. Web site where it had been stored. [...] The U.N. pilot project has another purpose: it involves a low-profile, grass-roots campaign to...
  • Travel Warning: Mali

    09/02/2009 1:22:00 AM PDT · by Cindy · 5 replies · 564+ views
    OSAC.gov ^ | August 31, 2009 | n/a
    Note: The following text is a quote: YOU ARE HERE: Home > Reports > Consular Affairs Bulletins > Report Travel Warning: Mali CONSULAR AFFAIRS BULLETINS Sub-Saharan Africa - Mali 31 Aug 2009 The U.S. Department of State issued the following Travel Warning on August 31: The U.S. Department of State warns U.S. citizens of the risk of travel to Mali and that Al-Qaeda in the Land of the Islamic Maghreb (AQIM) may use the Islamic month of Ramadan as an opportunity to conduct further attacks against Americans and other foreign nationals. Faith-based organizations, regardless of location, may be particularly targeted....
  • Read the Numbers: Obama Will Bankrupt America

    12/02/2009 3:23:32 AM PST · by Kaslin · 3 replies · 816+ views
    Townhall.com ^ | December 2, 2009 | Terry Jeffrey
    When President Barack Obama entered office in January, the greatest problem America faced was neither the war in Afghanistan nor the recession. It was the imminent crisis of the welfare state. Not only has Obama failed to deal with this crisis, he is pursuing policies that will bankrupt America. In March, the Peter G. Peterson Foundation, led by former U.S. Comptroller General David Walker, calculated the total value of the federal government's "unfunded liabilities" as they stood at the end of fiscal 2008. These liabilities include the publicly held portion of the national debt plus the amount the government must...
  • White House Defends Stimulus Act Despite Government Audit Questioning the Job Numbers

    11/25/2009 12:37:30 AM PST · by Cindy · 11 replies · 720+ views
    CNS NEWS.com ^ | Tuesday, November 24, 2009 | By Fred Lucas, Staff Writer
    "White House Defends Stimulus Act Despite Government Audit Questioning the Job Numbers" SNIPPET: "(CNSNews.com) - The White House defended the effectiveness of the economic stimulus act on Monday after a government audit last week called many of the reported job numbers into question. The Government Accountability Office (GAO) reported that $173 billion of the $787 billion stimulus package had been paid out by the federal government as of Sept. 30. That’s about 22 percent of the total, and it indicates that 78 percent of the stimulus funds have not been paid out – at a time when unemployment was rising."
  • GAO Stands By Job-Creation Estimate

    11/22/2009 9:58:35 AM PST · by Nachum · 12 replies · 492+ views
    WSJ ^ | 11/22/09 | LOUISE RADNOFSKY
    WASHINGTON -- The government agency charged with overseeing the economic-stimulus program says it doesn't plan to change its position that the package directly created or saved 640,329.17 jobs through September, despite its own admission and statements from the White House that the number is not accurate. Ed Pound, spokesman for the Recovery Accountability and Transparency Board, said that the number would not be changed. The Government Accountability Office, which is the investigative arm of Congress, issued a report last week saying that there were "significant issues to be addressed" in the accuracy of reports. The report said that "many entries...
  • Democrats/GAO: Business Lies and People Die

    11/18/2009 7:10:22 PM PST · by NEPAConservative · 154+ views
    Annuit Cœptis ^ | 11/18/209 | NEPAConserative
    Here’s another case of you can trust us but you can’t trust them. I’m talking about how big government thinks there is something fishy about the workplace becoming a safer place. It comes as no surprise that liberals think big business (the enemy) has something to hide. If we can only investigate the hypocrites that want the investigation. Here’s a thought: with 10.2% unemployment and a serious decline in manufacturing jobs over the past 20 years does it really come as a big surprise that work place incidents are on the decline? Let’s see… less people are working, less places...
  • Flu-wary telecommuters may clog Web networks, GAO says

    10/28/2009 9:18:10 AM PDT · by TigerLikesRooster · 12 replies · 421+ views
    WP ^ | 10/28/09 | Cecilia Kang
    Flu-wary telecommuters may clog Web networks, GAO says By Cecilia Kang Wednesday, October 28, 2009 As the spread of the H1N1 flu keeps more Americans away from work and school, a federal report warns that all those people logging on to the Web from home could overwhelm Internet networks. The Government Accountability Office reported earlier this week that if the flu reaches a pandemic, a surge in telecommuting and children accessing video files and games at home could bog down local networks. And if that were to happen, it is not clear whether the federal government is prepared to deal...
  • The Debt Death Sprial

    10/24/2009 3:47:16 AM PDT · by Scanian · 3 replies · 562+ views
    The American Thinker ^ | October 24, 2009 | Steve McCann
    America's economy faces a miserable future, according to an important government report. The media collectively have yawned, and official Washington has barely blinked. The Government Accountability Office recently issued its report to the Congress on the long-term fiscal outlook for the United States. It is a bleak picture. The report opens: "Weakness in the economy and financial markets -- and the government's response to them -- have contributed to near-term increases in federal deficits, which reached record level in fiscal year 2009. While a lot of attention has been given to the recent fiscal deterioration, the federal government faces even...
  • GENERAL ACCOUNTING OFFICE (GAO) CALLS U. S. DEBT LEVEL "UNSUSTAINABLE"

    10/19/2009 10:43:44 PM PDT · by TheFreedomPoster · 3 replies · 427+ views
    THE FREEDOM POST ^ | October 19, 2009 | TheCapitalist
    The Government Accountability Office (GAO) has released updated information on the nation’s fiscal outlook, based on the projections from the non-partisan Congressional Budget Office (CBO). On October 7, CBO announced that the nation's budget deficit for 2009 was $1.4 trillion, triple 2008's, which was the worst in history at the time.
  • GAO report: Saudis are top fianciers of Taliban

    10/07/2009 8:07:06 PM PDT · by Irisshlass · 23 replies · 1,121+ views
    WorldTribune.com ^ | Monday, October 5, 2009 | WorldTribune
    GAO report: Saudis are top fianciers of Taliban WASHINGTON — The United States has determined that Saudi Arabia continues to be the leading source of funding to Al Qaida and is also the top financial backer of Taliban. ShareThis A report the Government Accountability Office said the Saudi government did not appear to be involved in the funding, but that Saudi funds to both Al Qaida and Taliban has helped finance the war against NATO in Afghanistan. GAO said Saudis were the chief source of funding to Taliban. The report said couriers were transporting cash from Saudi Arabia and other...
  • Pentagon auditor deemed serial failure--GAO report sounds alarm

    10/05/2009 8:48:57 AM PDT · by jazusamo · 12 replies · 818+ views
    The Washington Times ^ | October 5, 2009 | Shaun Waterman
    Some members of Congress are so disturbed by failures and malfeasance described in a recent government report that they are considering removing the agency that audits hundreds of billions of dollars in Defense Department contracts from Pentagon supervision. One legislator said he felt physically sickened by the report. The lawmakers were reacting to findings by the Government Accountability Office (GAO), the investigative arm of Congress, about the Defense Contract Auditing Agency (DCAA). The agency, which last year was responsible for ensuring that taxpayers got good value for more than a half-trillion dollars in defense contracts, revised audits to curry favor...
  • Warning: The Deficits Are Coming!

    09/06/2009 2:56:36 PM PDT · by BGHater · 2 replies · 578+ views
    WSJ ^ | 04 Sep 2009 | John Fund
    David Walker sounds like a modern-day Paul Revere as he warns about the country's perilous future. "We suffer from a fiscal cancer," he tells a meeting of the National Taxpayers Union, the nation's oldest anti-tax lobby. "Our off balance sheet obligations associated with Social Security and Medicare put us in a $56 trillion financial hole—and that's before the recession was officially declared last year. America now owes more than Americans are worth—and the gap is growing!" His audience sits in rapt attention. A few years ago these antitax activists would have been polite but a tad restless listening to the...
  • Will Electric Cars Crash The Grid?

    08/14/2009 5:51:51 PM PDT · by WhiteCastle · 151 replies · 3,057+ views
    Investor's Business Daily ^ | August 14, 2009 | IBD staff
    Conservation: The Chevy Volt is said to be able to get 230 miles per gallon. That's if it's continually plugged into a fragile and overburdened power grid. Where will you be when the lights go out? Since most U.S. electricity generation is not carbon-free, the Congressional Research Service agrees. The "widespread adoption of plug-in hybrid vehicles through 2030 may have only a small effect on, and might actually increase, carbon emissions," it observes. "If you are using coal-fired power plants and half the country's electricity comes from coal powered plants, are you just trading one greenhouse gas emitter for another?"...
  • Venezuela: “its blackmail”

    08/10/2009 11:22:31 AM PDT · by marron · 13 replies · 561+ views
    Tegucigalpa, Honduras The report on drug trafficking, issued by the office of investigations of the US Congress, made some of the Chavist officials in Caracas explode. The report revealed that the trafficking and distrubution of drugs is aided by corruption in the government of ...Hugo Chavez and by the lack of cooperation with the anti-drug policies of the US. According to the report, Caracas has created a "permissive atmosphere" for insurgent organizations like FARC, by whom the drugs produced in Colombia are brought to Venezuela and from there distributed to the world. “According to US officials, this permissive atmosphere is...
  • Post office cited by GAO as a troubled agency

    07/29/2009 9:12:36 AM PDT · by Dubya-M-DeesWent2SyriaStupid! · 24 replies · 557+ views
    finance.yahoo.com ^ | July 28, 2009 | Randolph E. Schmid,
    GAO lists Postal Service as a troubled agency in need of immediate action WASHINGTON (AP) -- The Government Accountability Office on Tuesday added the Postal Service to its list of high-risk federal agencies in need of change. The post office has been struggling with a sharp decline in mail volume as people and businesses switch to e-mail both for personal contact and bill paying. The agency is facing a nearly $7 billion potential loss this fiscal year despite a 2-cent increase in the price of stamps in May, and cuts in staff.
  • Report: Obama housing plan may fall short of goal (number it would help "may be overstated")

    07/23/2009 8:04:31 PM PDT · by NormsRevenge · 8 replies · 448+ views
    AP on Yahoo ^ | 7/23/09 | Alan Zibel - ap
    WASHINGTON – The Obama administration's effort to persuade mortgage companies to lower payments for up to 4 million homeowners could fall short of its goal, according to congressional investigators. The Government Accountability office said Thursday the administration's projections that its loan modification plan could help 3 million to 4 million borrowers "may be overstated" because it's based on uncertain assumptions about the mortgage market and overall economic conditions. In March, the Obama administration launched a plan to give the lending industry up to $50 billion in financial incentives to modify mortgages for struggling borrowers. As of this week, 31 mortgage...
  • GAO: FDA can't estimate its own budget needs

    07/20/2009 8:22:11 PM PDT · by george76 · 7 replies · 399+ views
    AP ^ | Jul 20 , 2009 | MATTHEW PERRONE
    The Food and Drug Administration—which has struggled to fulfill its mission of regulating food, drugs and other consumer goods that make up nearly a quarter of the U.S. economy—does not have the expertise to forecast its own budget needs, according to congressional investigators. While many lawmakers and consumer advocates have long complained that the agency lacks the staff and equipment to accomplish its mission, the Government Accountability Office says the agency doesn't even have "the data to develop a complete and reliable estimate of the resources it needs." FDA officials acknowledged the problems uncovered by the GAO, saying they are...
  • GAO: Electric Cars Won't Reduce Carbon Emissions

    07/10/2009 11:38:59 AM PDT · by WhiteCastle · 49 replies · 2,167+ views
    HotAir.com ^ | July 10, 2009
    The push for conversion to plug-in electric cars will do nothing to stop carbon emissions, a report by the GAO warns, throwing cold water on a push by Democrats to get more plug-ins on the road. In fact, the problem could be made worse as demand goes up at coal-fired electrical plants. Plus, the need for batteries may just have the US changing the dictators to which we’re chained, as IBD reports...
  • Federal Reserve Deputy Kohn: Please Don't Let GAO Audit Us!

    07/10/2009 9:54:14 AM PDT · by mojitojoe · 32 replies · 862+ views
    Moneynews.com ^ | 7/10/2009 | unknown
    WASHINGTON – Federal Reserve deputy chairman Donald Kohn on Thursday defended the U.S. central bank's independence, saying congressional oversight could interfere with monetary policymaking. If the Government Accountability Office (GAO), the investigative arm of Congress, were authorized to audit the Fed, that "could cast a chill on monetary policy deliberations," Kohn told a House of Representatives committee. He acknowledged that the possibility of expanding the audit authority of the GAO over the Fed "has recently been discussed." "Although Federal Reserve officials regularly explain the rationale for their policy decisions in public venues, the process of vetting ideas and proposals, many...
  • Bomb parts smuggled into 10 federal buildings during test

    07/08/2009 9:45:32 AM PDT · by DFG · 13 replies · 581+ views
    CNN ^ | 07/08/09 | Mike M. Ahlers
    WASHINGTON (CNN) -- Plainclothes investigators sent to test security at federal buildings in four U.S. cities were successful in smuggling bomb components through guard posts at all 10 of the sites they visited, according to a government report. The investigators then assembled the bombs in restrooms and freely entered numerous government offices while carrying the devices in briefcases, the report said. The buildings contained offices of several federal lawmakers as well as agencies within the departments of State, Justice and Homeland Security, which is responsible for safeguarding federal office buildings.
  • Homeland Security at work: federal buildings fail to catch bomb materials

    07/08/2009 7:44:48 AM PDT · by Heather Hogue · 7 replies · 824+ views
    The Examiner ^ | July 8, 2009 | Heather Hogue
    Among the security breaches, investigators found one guard asleep after taking the painkiller Percocet and one who allowed a box of handguns to pass through an x-ray machine...
  • Treasury Ready to Throw Away Billions

    07/01/2009 7:57:09 PM PDT · by FromLori · 8 replies · 523+ views
    Newsmax ^ | 7/1/09
    The U.S. Treasury has apparently found another way to lose more taxpayer money. Perhaps $9 billion down the drain, unless changes are made soon. Last year, when the Treasury doled out some $200 billion from the $700 billion Troubled Asset Relief Program (TARP), it also acquired warrants to purchase common stock in banks that received TARP assistance. However, as the law was written, the Treasury must sell those same warrants back to the banks once they have paid back their original TARP loan. What the law does not state is for how much. One of the first banks to pay...
  • Anti-gun group lies about GAO report

    06/20/2009 4:09:38 AM PDT · by marktwain · 14 replies · 665+ views
    gun rights examiner ^ | 19 June, 2009 | David Codrea
    Over 90 Percent of Mexican Crime Guns Originate in U.S., New GAO Report Finds That's the headline from the Violence Policy Center press release. It is a premeditated lie. True, the qualifier "traced by the federal Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) over the last three years" is admitted in the body of the release, but even that doesn't tell a reader the number of guns withheld by Mexican authorities--or whether the ones submitted have been randomly selected or cherry-picked. Headlines are important. Often times while scanning through news, that is all that will be noticed or retained....
  • After Losing $20 Million in Equipment, Federal Health-Care Agency Won $500 Million Earmark...

    06/20/2009 2:47:21 AM PDT · by Cindy · 7 replies · 930+ views
    CNS NEWS.com ^ | Friday, June 19, 2009 | Monica Gabriel
    After Losing $20 Million in Equipment, Federal Health-Care Agency Won $500 Million Earmark in Stimulus; Agency’s HQ Had 10 Pieces of IT Equipment Per Worker Friday, June 19, 2009 By Monica Gabriel (CNSNews.com) - The $787 billion stimulus bill that President Obama signed in February awarded the Indian Health Service with an earmark for $500 million in new funding, including $85 million specifically set aside for “health information technology activities,” even though a Government Accountability Office audit released the previous June concluded that mismanagement of the IHS had allowed $15.8 million worth of equipment to be lost or stolen between...
  • GAO: Fake passports easy to get

    03/14/2009 12:35:43 PM PDT · by smokingfrog · 37 replies · 1,103+ views
    CNN ^ | March 14, 2009 | Mike Ahlers
    A congressional investigation has exposed gaping holes in security eight years after the September 11 terrorist attacks, a government report says. An investigator used a false identification to obtain a U.S. passport and then used the passport to get an airline boarding pass and go through an airport security checkpoint, according to the Government Accountability Office. The GAO, the investigative arm of Congress, said its undercover investigator conducted four tests of the passport issuance system and "easily" obtained passports every time. Individuals with "even minimal counterfeiting capabilities" can obtain genuine U.S. passports, which can be used to travel overseas, open...
  • GAO Report Recommends Changes to Afghan Police Program

    03/11/2009 4:39:46 PM PDT · by SandRat · 1 replies · 147+ views
    WASHINGTON, March 11, 2009 – An effective, honest police force is vital to security progress in Afghanistan, but a shortage of instructors hampers the training process, according to a Government Accountability Office report. The report, released March 9, said Afghan police are making significant progress, but more could be done, and faster, with additional personnel. The report looked at police retraining efforts, the restructuring process, the screening process for Afghan personnel and the Afghan pay system. The United States has spent more than $6.2 billion on the training and organization of the Afghan Interior Ministry and Afghan National Police....
  • More than 87,000 U.S. Weapons Unaccounted for in Afghanistan

    02/18/2009 6:21:56 AM PST · by Mr. Mojo · 3 replies · 422+ views
    CNSNews ^ | February 18, 2009 | Edwin Mora
    (CNSNews.com) – Between 2004 and 2008, the U.S. gave an estimated 242,000 “small” and “light” weapons to the Afghan National Security Forces (ANSF). But now 87,000, or 36 percent, of those weapons are missing and unaccounted for, largely because of a lack of accountability guidelines and weak safe-keeping practices, taccording to a Government Accountability Office (GAO) report. The GAO said the U.S. Army Security Assistance Command and the U.S. Navy have spent about $120 million to buy 242,203 weapons, including rifles (117,163), pistols (62,055), machine guns (35,778), grenade launchers (18,656), shotguns (6,704), rocket-propelled grenade launchers (1,620), mortars, and other weapons...
  • Partisan Environmental Groups (Inhofe Exposes Democrats-Soros Shadow Party Fraud)

    12/10/2008 9:42:20 PM PST · by flattorney · 9 replies · 627+ views
    U.S. Senate Committee on Environment & Public Works ^ | October 4, 2004 | Jim Inhofe Senate Floor Speech
    Re: Many environmental groups are using their tax-exempt IRS registered 501(c)(3) charitable organizations as fraudulent front operations for the Democrats-Soros Shadow Party~FlA. Environmental groups are simply Democrat political machines with millions of dollars in contributions and expenditures each year for the purpose of raising more money to pursue their agenda. ~ Sen. James Inhofe Mr./Madam President, I rise today to shed some light on a subject that is very important to me in my oversight duties as Chairman of the Environment and Public Works Committee. Earlier this year, the Environment and Public Works Committee held an oversight hearing where the...
  • Exclusive: Did Immigration Fraud Have a Hand in Creation of Alleged Minnesota Terror Group?

    12/01/2008 8:08:18 PM PST · by Sammy67 · 4 replies · 564+ views
    FamilySecurityMatters ^ | 12/1/08 | Michael Cutler
    A recent ABC report should be of concern to all Americans and to our elected leaders. It regards Shirwa Ahmed, a naturalized U.S. citizen who is believed to have committed a suicide bombing in Somalia and – even more disturbing – may have been involved in the recruitment of young men of Somali descent here in the United States. The news report further states that more than a dozen such men, perhaps as many as 40 and mostly in their 20s, have "disappeared." Here are the most important questions: How did Shirwa Ahmed acquire citizenship through the naturalization process? Did...
  • Boeing Leaning Toward Not Re-bidding KC-X

    08/11/2008 6:56:13 AM PDT · by MHalblaub · 41 replies · 347+ views
    Aviation Week ^ | Aug 11, 2008 | Amy Butler and David A. Fulghum
    Word that Boeing is strongly considering a “no bid” position for the next round of the U.S. Air Force refueling tanker competition is spreading only two days after the Pentagon released the revised KC-X draft request for proposals (RFP). Multiple sources familiar with Boeing’s internal discussions say company officials are strongly considering the option of not submitting a proposal as the company’s Integrated Defense Systems sector tries to respond to the draft RFP within the government’s speedy timeline. Comments are due this week. The move would leave the Defense Dept. without a competition for the KC-135 tanker replacement. A demand...
  • Boeing supporters cry foul over Pentagon's revised tanker criteria

    08/07/2008 2:23:20 AM PDT · by MHalblaub · 554 replies · 685+ views
    The News Tribune ^ | August 6th, 2008 05:40 PM | LES BLUMENTHAL
    Deadline to submit bid is just two months away WASHINGTON – The Pentagon on Wednesday requested new bids on a $35 billion contract for aerial refueling tankers, but Boeing supporters on Capitol Hill complained that the revised criteria seem to favor the rival European airplane. [...] “It’s obviously stacked against Boeing,” said Loren Thompson, an analyst with the Lexington Institute, a Virginia-based think tank that focuses on national security and defense issues. “It appears to favor a larger aircraft in a way the original did not. But the timeline doesn’t give Boeing an opportunity to prepare a bid for a...
  • Gates reopens tanker fight

    07/09/2008 12:15:52 PM PDT · by jazusamo · 479 replies · 390+ views
    The Hill ^ | July 9, 2008 | Roxana Tiron
    Secretary of Defense Robert Gates announced Wednesday that Northrop Grumman and Boeing will have to submit revised proposals for the Air Force’s highly contested aerial refueling tanker program. The Pentagon chief's decision comes after the Government Accountability Office (GAO) upheld Boeing's protest of the Air Force's decision to award the contract to Northrop Grumman and EADS North America, the parent company of Boeing rival Airbus. “I have concluded that the contract cannot be awarded,” Gates said at a Pentagon news conference. Northrop Grumman won the heated competition on Feb. 29, but is currently under a stop-work order. The decision means...