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Federal grant-making procedures could be consolidated, controller says

House hearing focuses on reducing waste through improving transparency and strengthening grants website.

Petraeus acknowledges differences with Obama over Afghan drawdown

President's plan is significantly faster than the general had wanted.

Postal Service suspends pension contributions

Halting payments to the FERS defined benefit plan will save $800 million in fiscal 2011, officials say.

U.S. long-term debt outlook worsens

Increasing debt will make it harder for lawmakers to adopt spending priorities in good times and will give them less flexibility during recessions.

Ahead of Obama speech, key senator pushes withdrawal

Senate Armed Services Chairman Carl Levin says he wants a “significant” reduction of forces in Afghanistan.

GAO: Defense needs to improve management of incentive pay

From fiscal 2006 to fiscal 2010, the services signed contracts worth $11 billion in enlistment and re-enlistment bonuses.

Acting ATF director dismisses speculation he’s quitting

Under fire in a House panel’s probe of mishandled gun trafficking operations at Mexico border, Kenneth Melson stays put as Senate considers successor’s nomination.

From Nextgov: Panel unanimously endorses new government-spending oversight board

Oversight Committee's ranking member questions the new group's subpoena power and transparency advocates oppose a sunset provision.

How Baseball Is Different From Politics

Explaining Palin's decline in popularity by analogy to statistical scoring methods on the diamond.

Biden talks intensify; Gang of Six considers options

Groups are seeking way to conquer debt limit, deficit.