Tag:

Jacob Lew

Latest Headlines

Latest Headlines

White House: FEMA needs $1.5 billion for Irene loses

The White House estimates that covering uninsured losses caused by Hurricane Irene and subsequent flooding in New England will cost $1.5 billion in the coming fiscal year. Irene has caused President

OMB: Fiscal 2013 proposals should highlight 5%, 10% cuts

In an Aug. 17 memo (.pdf), Office of Management and Budget Director Jacob Lew instructed agencies to include in fiscal 2013 budget requests, due Sept. 12 , at least 5 percent cuts to fiscal 2011's

OMB requests GPRA Modernization action items by Sept. 12

The Office of Management and Budget is telling agencies to meet with it and several congressional committees by September to discuss implementation of key portions of the Government Performance and

CBO not sold on federal excess property sales

The Congressional Budget Office isn't buying into the cost savings touted in a White House plan to sell off excess government properties. According to a June 17 letter (.pdf) from CBO Director

Seeking debt ceiling head room, Treasury borrows from federal worker pensions

The Treasury Department is using what it refers to as "extraordinary measures" in order to buy time until Congress raises the $14.3 trillion debt ceiling, which the government hit on May 16.

Seventh continuing resolution passes, averting a government shutdown

The Senate approved late April 8 yet another short term spending bill--the seventh in six months--cutting current funding levels by $2 billion and funding the government through midnight on April 15

Senate rejects two continuing resolution proposals

Prospects for a spending bill to fund the entirety of the remaining two quarters of the federal fiscal year may have dimmed March 9 after the Senate rejected in back-to-back votes two proposed

OMB tells agencies to 'deter, detect and defend' against Wikileaks

The Office of Management and Budget has sent agencies a detailed set of information security requirements mandatory for implementation as part of a post- Wikileaks embassy cable crackdown. The

Wikileaks fallout grinds onward

Italian Prime Minister Silvio Berlusconi may have "had a good laugh" after seeing himself described as "feckless, vain, and ineffective as a modern European leader" in leaked State Department cables,