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Senate plans to take up Defense procurement reform

Critics say the legislation has too many loopholes and does not require enough oversight.

Mounting workload prompts IGs to seek help

Watchdogs ask lawmakers to raise the threshold triggering reviews of financial institution failures.

Interior taps stimulus funds for renewable energy production

Bureau of Land Management will open new offices in four Western states to process lease applications.

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Obama budget eliminates or trims 121 programs

Line-by-line review identifies $17 billion in potential savings in fiscal 2010.

From Nextgov.com: Federal CTO will issue recommendations on open government

Transparency advocates worry that Aneesh Chopra's plans and lack of public involvement could create an impression Obama's neglecting the initiative.

Defense official discourages technological overreach in contracts

William Lynn warns against always striving for new and “exotic” technologies on large acquisitions.

Obama's Midterm Exam

First-term midterm elections are distinctly different from “six-year-itch” midterms.

Leaders clear way for bipartisan probe of financial crisis

Commission would have up to 10 members and have subpoena power.

Joint Chiefs chairman says Defense budget strikes right balance

The first priority is to take care of service members and their families, says Adm. Michael Mullen.

Fed chairman expects to see signs of recovery by year's end

But job losses are likely to continue well into 2010, Bernanke tells lawmakers.