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Watchdog boosts government’s financial grade to a C-

The government has failed its fourth consecutive annual audit, but agencies are making some progress in getting their finances in order–according to a watchdog’s annual financial report card.

FAA managers say air traffic control oversight lacking

Management cuts and pay inequity in the Federal Aviation Administration's air traffic control operations are contributing to declining safety in the skies, agency managers told a House panel Wednesday.

OMB deputy says Bush will use Results Act to push reforms

The second-ranking official at the Office of Management and Budget said Tuesday that the Bush administration will use the 1993 Government Performance and Results Act as the cornerstone of its efforts to improve federal management.

Federal government fails fourth annual audit

For the fourth straight year, the federal government will fail its annual financial audit, Comptroller General David Walker said Monday.