The $1 billion needed to pay for additional soldiers would come from lower-priority requirements.
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Independent panel will resolve outstanding disputes with FEMA over funding for projects spurred by hurricanes Katrina and Rita.
Bank regulators oppose proposal to create a new agency overseeing the rule-writing, examination and enforcement of financial products.
Both chambers of Congress have legislation in the pipeline to ease the agency's financial burden in the short-term by about $2 billion.
Allan Burman says roving teams of performance professionals could help implement ‘sizable’ contracts in a few days.
Backlog of 200,000 claims await processors, but some universities and colleges will allow veterans who have unpaid tuition and housing bills to remain in school.
Suit is the latest in a long-running investigation of firms that sold defective gear to military and law enforcement agencies.
Auditors say “unprecedented” move will waste taxpayer dollars and do little to resolve management issues.
Analysts say pressure will mount to scale back military service modernization plans.