Oversight

S&P puts chances of U.S. credit downgrade at 50 percent

Statement comes after Moody's warns it is reviewing U.S. credit.

Oversight

White House launches third annual SAVE awards

Effort to solicit cost-cutting ideas is wrapped into the Campaign to Cut Waste.

Defense

Pentagon lacks complete strategy for managing workforce, officials say

Finding the right mix of military personnel, civilian employees and contractors remains a critical challenge.

Defense

Top general says U.S. needs fresh look at deterrence, nuclear triad

Military needs to head off threats in other ways, according to Gen. James Cartwright.

Oversight

OMB lists contract categories vulnerable to overspending

Industry group official says use of many of the risky codes already is on the decline.

Oversight

Biden touts administration's cost-cutting record

In editorial column, vice president makes the case the White House is serious about cutting waste.

Oversight

'Preposterous' to say Obama walked out of deficit talks, spokesman says

Talks are scheduled to resume Thursday afternoon.

Defense

TSA pilot program to expedite screening for frequent fliers

Plan will let officers "focus their efforts on higher risk areas," administrator says.

Defense

Another threat to U.S. forces in southern Afghanistan -- snipers

Sniper problem is particularly acute in contested regions of Helmand, such as Sangin and Garesh, official says.

Defense

Leaked email shows Defense audit agency sought subpoena power, contractor pay caps

Newly released 2009 document obtained by Project on Government Oversight details rejected proposals.

Oversight

Debt talks splinter into dueling plans

House Republicans focus on balanced-budget amendment to the constitution, while Senate considers allowing Obama to raise the debt ceiling without GOP votes.

Oversight

House panel slates Hubble successor for elimination in NASA budget

Astronomers say telescope is integral to mission.

Defense

Federal Protective Service struggles with new management tools

Nine months into job, director hasn’t implemented GAO recommendations on training and tracking guard assignments.

Oversight

GOP lawmakers tout Constitutional amendment to require balanced budget

Reps. Eric Cantor and Jim Jordan argue that the constitutional fix would carry weight.

Oversight

Time-and-materials contracts reduced by $1 billion, says OMB

Obama effort to favor fixed-price acquisitions has shown progress governmentwide, according to chief procurement policy officer.

Oversight

Enough Already

It’s time for politicians to get serious about raising the debt ceiling. They’re playing with fire.

Oversight

Obama widens regulatory review to independent agencies

Executive order requests voluntary participation in a governmentwide effort to root out burdensome and unnecessary rules.

Oversight

Obama: A long-term deficit reduction deal is still necessary

President says "now is the time to deal with these issues."

Oversight

Deficit talks end with no deal

Discussions are continuing Monday, in hopes of reaching agreement on a more modest package of spending cuts.

Oversight

Atlantis launch marks a bittersweet end to shuttle program

NASA must downsize and reorient itself as 30-year space travel effort draws to a close.