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Senate panel approves TARP reduction

Language would eliminate $44 billion in unobligated bailout funds, freeing up the money for other uses.

USPS move to five-day delivery isn’t a done deal

Postal Service officials and lawmakers continue to debate how best to contain the agency’s huge labor costs.

EADS to fly solo in bid for Air Force tanker deal

The Franco-German firm will compete against Boeing Co. for the $40 billion deal without help from a U.S. partner.

Senator releases budget resolution in advance of markup

Plan $4 billion cut to State Department budget and other international programs.

Pay raises aren’t enough to lure would-be senior executives

Survey finds potential candidates might be scared away by concerns that extra responsibilities would damage their work-life balance.

Senate holds take toll on Obama’s record with nominees

The president has been slower than his predecessors in filling top spots.

Biofuel will power the F/A-18 Super Hornet’s Earth Day flight.

Defense is leading the way on clean energy, study says

As government’s largest power consumer, the military services have the most at stake in developing low-cost, low-carbon fuel sources.

Acquisition reform bill clears House panel

Legislation would require the Pentagon to establish better accountability systems.

SBA contracting functions could be moving to Denver

Agency leaders recommend that internal purchases be switched to the Colorado finance center to improve efficiency.

From Nextgov.com: Federal cybersecurity monitoring goes real-time and digital

New rules call for agencies to continuously collect data about security status and stream it to OMB monthly, rather than report quarterly by paper.