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Senate OKs flood insurance reauthorization

Short-term extension will give lawmakers time to overhaul program.

Fiscal 2011 spending for housing, transportation draws GOP attacks

Bill that ultimately cleared House panel would provide $67.4 billion in discretionary spending -- $1.3 billion below president's proposal.

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USPS loses billions of dollars due to excessive pension contributions

Funding obligations are based on an outdated formula, audit finds.

Report finds DHS contracts over budget, behind schedule

GAO examined 15 major acquisition programs with a combined $100 billion in life-cycle costs.

With budget cake, Americans want to have it, eat it, too

Survey respondents want states to balance their budgets without federal help, but don't like any of the options for accomplishing that.

Panel OKs Commerce, Justice and Science bill, takes no stand on moon missions

Legislation would provide the $19 billion that Obama requested for NASA, but would withhold funding on the manned space program.

Interior fines BP for filing false onshore drilling reports

Officials say company willfully filed erroneous reports related to operations on tribal lands in southern Colorado.

Appropriations panel chairman releases $75B supplemental draft

Supplemental package would provide $45.5 billion in discretionary funding, with $37.12 billion slated for the troops in Iraq and Afghanistan.

Petraeus wins unanimous Senate vote

General was tapped by Obama last week after the resignation of the Army Gen. Stanley McChrystal.

Defense aims to use interagency contracts judiciously

Top Pentagon procurement policy official says GSA must provide data to show its Multiple Award Schedule deals are valuable.

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