October 11, 2011 |
Michele Bachmann and Newt Gingrich unleashed scathing critiques against the federal government, blaming it for causing the economic meltdown that has devastated the nation's housing market. “Do you think it's right that no Wall Street executives have gone to jail?” asked moderator Karen Tumulty. Bachmann put the blame squarely not on Wall Street but on the government. "The federal government that pushed the subprime loans, that pushed the Community Reinvestment Act,” she said.
July 3, 2013 |
Despite making progress, the federal government fell short of its 2012 small-business contracting goals, according to figures released Tuesday. U.S. agencies awarded 22.25% of federal contracts to small firms, just shy of the goal of 23%, the Small Business Administration said. But it was an increase from 21.65% in 2011. The government did exceed its contract goals for small businesses owned by people of color and disabled veterans. However, it missed its goals for small businesses owned by women and those in historically underserved business zones.
September 30, 2013 |
WASHINGTON - With the House and Senate locked in stalemate, the Office of Management and Budget formally began shutting down the government late Monday, ordering federal agencies to prepare for funding to expire and to execute contingency plans. "Unfortunately, we do not have a clear indication that Congress will act in time for the president to sign a continuing resolution before the end of the day tomorrow, Oct. 1, 2013. Therefore, agencies should now execute plans for an orderly shutdown due to the absence of appropriations,” wrote OMB director Sylvia M. Burwell in a memorandum circulated at 11:45 p.m. Eastern time.
October 3, 2012 |
Jim Lehrer, moderator of the first presidential debate, had the habit of asking President Obama and Mitt Romney to delineate their differences with each other on important issues of the day. It was perhaps his way of trying to create a spark Wednesday night. Unfortunately, as a technique, it didn't really work - at least not at setting off oratorical combat. Case in point, this question from Lehrer: “Do you believe, both of you, there's a fundamental difference between the two of you as to how you view the mission of the federal government?
April 27, 2012 |
The federal government is investigating the business practices of the NBA players' union. The union confirmed Friday it has received a subpoena for documents from the U.S. attorney's office in Manhattan and says it will cooperate with the investigation. The NBPA also said in a statement that it has appointed a special committee to oversee an internal inquiry, including a financial audit. Recent reports have questioned the NBPA's finances and spending practices, largely having to do with the hiring of family members and firms that employ relatives of Executive Director Billy Hunter . Hunter says he will cooperate with the internal inquiry, but will not be in involved in the effort so it remains independent.
January 10, 1996 |
The federal government will be closed due to weather for a third straight day as the Washington area continues to dig itself out from one of the heaviest snowfalls on record, U.S. officials said Tuesday night. Earlier in the day, the Office of Personnel Management had announced plans to reopen the government today, but new snowfall proved too much to clean up.