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Postal Service to halt new construction

The Postal Service on Thursday delivered more bad news to stakeholders: The agency will halt construction projects this year in a cost-cutting effort.

Pentagon urged to set up management reform task force

A task force is needed to address ongoing problems and hasten reform efforts at the Defense Department, the head of the General Accounting Office said Wednesday.

Administration to consider privatizing air traffic control

The Bush administration is likely to consider privatizing the nation’s air traffic control system, but observers say the proposal won't be an easy sell.

Agencies turn in audits on time--and most pass muster

For the first time ever, all 24 federal agencies covered by the 1990 Chief Financial Officers Act turned in audited financial statements on time this year.

Agencies get finances in order

For the first time ever, half of the 24 largest federal agencies have submitted clean and on-time audit opinions to Congress.