GSA Chief Seeks to Cut Budget For Audits
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The new chief of the U.S. General Services Administration is trying to limit the ability of the agency's inspector general to audit contracts for fraud or waste and has said oversight efforts are intimidating the workforce, according to government documents and interviews.
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Michael Leavitt, President Bush&#39;s choice to be secretary of Health and Human Services, may have to cut billions of dollars from the government&#39;s mammoth health programs for
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The head of Lazard LLC is asking partners to take a one-third pay cut as the investment bank readies for an initial public offering, according to a report published Friday.
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The U.S. Senate&#39;s top budget  overseers on Tuesday joined forces to tackle escalating costs  of retirement and health care programs they say threaten to  bankrupt the government, but they would wait until after next  year&#39;s elections for recommendations to be made public.
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US President George W. Bush plans to cut spending in his upcoming budget, not just trim the rate of growth in government outlays, Treasury Secretary John Snow said Sunday.
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The chairman of the Senate Finance Committee yesterday called on the inspector general of the Department of Health and Human Services to investigate alleged attempts to discredit a Food and Drug Administration whistle-blower.
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A dispute between the state auditor and the Department of Social and Health Services over Medicaid finances might require federal intervention.
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National Audit Office could be brought in to check MPs' expenses in the wake of the Conway affair
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The Bush administration will seek to  slash government spending next year, U.S. Treasury Secretary  John Snow said on Sunday, but he was less specific than the  president in predicting how quickly the deficit would fall.
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Conrad W. Hewitt, chief accountant of the Securities and Exchange Commission, sought yesterday to clarify the proper accounting for backdated options, reserving the harshest accounting for companies that followed a practice of reducing the exercise price after options were issued.
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Proposed revisions to a landmark 2002 anti fraud law will include relaxing some rules for small public companies in a bid to curb what they say have been excessive costs related to audits, the Securities and Exchange Commission's accounting chief said yesterday.
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Facing continued top-line weakness, the company may have to cut costs.
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By Fraser Sherman, Destin Log, Fla.  Sep. 13--Cutting spending projects from Destin's budget can hurt Destin residents even if it saves them money, City Councilor Sam Seevers says.
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The president of the American Hospital Association discusses how Bush's proposed budget cuts could hurt the nation's medical facilities.
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U.S. Sen. Chuck Grassley is asking the General Services Administration to tell Sun Microsystems that its federal IT purchasing contract will be canceled if it doesn't provide information needed for a pricing audit.
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The Bush administration will seek to slash government spending next year, U.S. Treasury Secretary John Snow said on Sunday, but he was less specific than the president in predicting how quickly the deficit would fall.
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President Bush's quest to cut or  eliminate as many as 150 federal programs will reduce funding  for state and local homeland security grants, job training and  several education programs, the White House said on Friday.