Word: gao
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Dates: during 1950-1959
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...situation is actually far from humorous. It's silly, but it's not funny when the Defense Department declines to tell the General Accounting Office about "secret" defense expenditures until the GAO's auditor proves his "need to know." Security has apparently become the last refuge of bureaucracy...
...terse announcement stating that the company had completed its plane contract "to the satisfaction of the Air Force over two years ago," with an overall profit of 5.4% after taxes-"a reasonable rate of profit and substantially below the rate realized by G.M. on its commercial business." But the GAO still wanted the money back, though it did not say how it proposed...
DIXON-YATES contract has run into another roadblock, this time from the Government's General Accounting Office. GAO's new boss, Comptroller General Joseph Campbell, who voted for the contract as a member of the AEC, has advised the commission to hold it up. He wants ironclad assurances from Ebasco Services Inc., slated to build the big steam plant at West Memphis, Ark., that construction will not cost more than the $104 million estimate. What worries Campbell is a previous Ebasco contract for a steam plant at Joppa, Ill. to supply the AEC. There costs turned...
...Hours & Money. The GAO found that "there appears to be a strong undercurrent of opposition" among airmen; it reckoned that the military labor cost for each race averaged $23,000 for duty time and $115,000 for total time. Last year's race at Offutt alone took 117,239 man-hours of work in duty jobs and voluntary service. Besides, the GAO said, some supplies were used but not fully paid...
...last week, after GAO filed its report, Brannan appeared before a Senate agriculture committee in a humbler mood. He apologized for his earlier crack about politics, admitted that CCC had known about the shortages at the time. They were worse than GAO had estimated; Brannan testified that they, might run as high as $5,000,000 to $7,000,000. Some 30 warehouse operators are involved. Twelve have been hauled into court already, and investigation of the rest is in the works. The Agriculture Department also revealed that one Nebraska grain-elevator owner shot himself two days after...