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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: GAO

GAO stories: 11 news summaries
mortgage meltdown

 Sleazy Middlemen 
 Stiff Homeowners 
 Trying to Refi 

Foot-dragging 'mortgage servicers' step into role of fox in henhouse

Oct 4, 09 3:31 PM CDT
(Newser) - The federal mortgage modification program is mired in trouble, with just 12% of the 3 million eligible loans in the process of modification, the "servicers" that helped create the problem tasked with helping to untangle it, and the Treasury Department falling down on the oversight job. In one... More »

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Iowa • North Carolina • mortgage • Treasury Department • GAO • Government Accountability Office • refinanced mortgages • TARP • mortgage modification • CitiFinancial • Home Affordable Modification Program

(Newser) - A Homeland Security plan to build a $700 million lab handling highly infectious animal diseases in Kansas' 'Tornado Alley' probably isn't the best idea it's had, the Washington Post reports. A withering report from the Government Accountability Office found that the DHS based its decision on a flawed, hastily done... More »

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tornado • Kansas • Department of Homeland Security • foot and mouth disease • GAO • Government Accountability Office

Grave Lack of Security at Fed Buildings: GAO

Agents snuck in bomb parts, assembled them in restrooms

Jul 8, 09 3:05 PM CDT
(Newser) - A covert investigation shows the nation’s federal buildings are woefully under-protected from potential terrorist attacks, CNN reports. Undercover agents were able to sneak bomb components through security into each of the 10 federal buildings—occupied by the Homeland Security, Justice, and State departments—they tested, assemble explosive devices in... More »

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Congress • terrorism • IED • bomb • Department of Homeland Security • GAO • Government Accountability Office • federal building • Federal Protective Service • improvised explosive device

 Iraq Has $79B Budget Surplus 

GAO says Bagdad sitting on a lot of money, raising complaints from US senators

Aug 5, 08 7:45 PM CDT
(AP) - The Iraqi government could end this year with as much as a $79 billion cumulative budget surplus, based largely on ever-increasing oil revenues, US congressional auditors say. A report by the Government Accountability Office made public today prompted renewed calls from senators that Baghdad pay more of the bill for... More »

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Iraq • John Warner • GAO • Carl Levin • Iraq reconstruction • Iraq war spending

GAO Backs Boeing's Protest of $40B-Deal

Officials want Air Force to re-examine contract that went to competitor

Jun 18, 08 1:54 PM CDT
(Newser) - Congressional investigators today seconded Boeing's protest of the US Air Force's decision to award a lucrative tanker contract to a competitor and its European partner, the Seattle Times reports. The Government Accountability Office said it found "a number of significant errors that could have affected the outcome of what... More »

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Boeing • Airbus • Northrop Grumman • GAO

TV Switch Will Catch Some Off-Guard, No Matter What

70M sets could be affected in digital move; half of owners won't know what to do

Jun 11, 08 4:42 PM CDT
(Newser) - Roughly half of Americans who still own analog TVs aren’t ready for February's switch to digital broadcasting, a government report concludes. Consumers are confused about what to do, and will go dark if they fail to buy a converter box, buy a digital TV or sign up for satellite... More »

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FCC • GAO • digital television

McCain Sucked
Into Boeing Battle

Campaign boss lobbied against Boeing for European Airbus

Mar 12, 08 4:30 AM CDT
(Newser) - John McCain is being dragged into the feud between Boeing and the Air Force, reports AP. A firm headed by McCain's campaign finance chairman, Tom Loeffler, was paid $220,000 to lobby on behalf of the Airbus, the successful European rival to Boeing's 767 fuel tanker. McCain had helped block... More »

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John McCain • Pentagon • Boeing • contracts • Airbus • European Aeronautic Defence and Space Company • Northrop Grumman • GAO • Lockheed Martin • EADS • US Air Force • 767 Tanker • Teal Group • Jim McNerney • Tom Loeffler • Loeffler Group • Air Force Secretary • Michael Wynne

Report Warns of Runway Dangers at US Airports

Leadership void, bad equipment, overworked staff make tarmac treacherous

Dec 5, 07 8:32 PM CST
(Newser) - Lax federal oversight and overworked air-traffic controllers contribute to a "high risk" of a major runway collision at US airports, a new report warns. The GAO report cited 370 incidents on runways this year, near a dismal FAA record six years ago that set stricter oversight in motion, the... More »

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FAA • GAO • pilot • air traffic controllers • airplane

'Antiquated' VA Ill Equipped to Care for Vets

Bush pledges massive overhaul, which requires major funding

Oct 22, 07 2:25 PM CDT
(Newser) - Some 700,000 Iraq and Afghanistan veterans are eligible for VA benefits, and overhauling the overburdened system is firmly in the sights of  President Bush and a bipartisan commission. Citing "fundamental system weaknesses," a GAO report last week outlined a huge bureaucracy rife with staffing and training shortfalls,... More »

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Iraq • Afghanistan • medical costs • Department of Veterans Affairs • Bob Dole • GAO • Donna Shalala • Iraq veterans • George W. Bush

Iraqis 'Fail to Meet Benchmarks'

Congressional auditors say most key goals unfulfilled

Aug 30, 07 4:37 AM CDT
(Newser) - The Iraqi government has failed to meet most of the key political and military goals—the so called benchmarks—designed to measure the success of the US troop surge, congressional auditors say. An investigation by the Government Accountability Office has concluded that 13 of the 18 benchmarks remain unmet as... More »

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Iraq • Pentagon • troop surge • Nouri al-Maliki • White House • David Petraeus • Ryan Crocker • benchmarks • GAO

GAO Warns of Decline & Fall .... of America

US problems are the same that destroyed Roman Empire, chief declares

Aug 14, 07 3:42 AM CDT
(Newser) - America's dire state resembles that of the Rome just before its fall, the head of the General Accountability Office has warned in a grim new report. "Declining moral values and political civility at home, an over-confident and over-extended military, and fiscal irresponsibility," could lead to disaster here at... More »

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health care • Rome • America • modernization • morals • David Walker • GAO • Government Accountability Office • Social Security

11 Stories


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