Under a last-minute budget cut, the FHFA inspector general’s office will have to cut up to 80% of its staff and cease investigations into mortgage fraud. Congress – Federal News Network
Read More...GAO says OMB’s actions subvert both the constitutional process and Congress’s power of the purse. Congress – Federal News Network
Read More...“My colleagues and I are overwhelmed at the amount of money that we’re being forced to authorize and appropriate,” Sen. Jack Reed (D-R.I.) said. Congress – Federal News Network
Read More...The Senate voted to adopt a budget plan that would fund ICE and Border Patrol over Democratic objections. Congress – Federal News Network
Read More...The White House’s delivery to the House of Representatives of a package that would codify some of the Department of Government Efficiency’s cuts into law was greeted with enthusiasm by the fiscally hawkish House Freedom Caucus on Tuesday. The rescissions package, delivered by the White House Office of Management and Budget (OMB) to Republican House leadership, would codify $ 9 billion in cuts to USAID, as well as funds to National Public Radio (NPR) and the Public Broadcasting Service (PBS). Rescissions packages can be passed with a simple majority in…
Read More...During the confirmation hearings of the Office of Management and Budget director and deputy director for budget earlier this year, lawmakers pressed Russ Vought and Dan Bishop about whether they would comply with the Impoundment Control Act. The budget rules of the road require Congressional approval if OMB decides not to spend money appropriated in law. While both Vought and Bishop promised to comply with the law, a new decision by the Government Accountability Office casts further doubt on whether OMB will follow the Impoundment Control Act of 1974. GAO…
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