Word: gao
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Arguing that new weapons rise faster in price than do consumer goods, the Pentagon for the past four years has used an inflation index about 30% higher than the Consumer Price Index. But the GAO found that after the impact of contractor cost overruns is subtracted, prices for weapons and other Defense purchases prove to have "increased at about the same rate as prices of all goods in the U.S. economy." Wisconsin Democrat Les Aspin, chairman of the House Armed Services Committee, claims the Pentagon used its $37 billion cushion to boost contractor profits and shuffle money to pinched programs...
...Reagan Administration's latest attempt to cut National in stitutes of Health, (NIH) funding was dealt a serious plow last week when the General Accounting Office (GAO), charged with overseeing federal expenditures, declared that the education violated...
...report on the the matter, the GAO said the Office of Management and Budget (OMB) circumvented the law in January by directing the NIH--the largest source of Harvard's research funding--to finally only 5000 of the 5500 renewable one-year grants for which Congress had appropriated Fiscal Year 1986 money...
...Administration is consulting lawyers and may challenge the GAO findings, officials said. OMB spokesman Edwin Dale yesterday agreed that the tactics used to cut the funds were unorthodox, but added the department had "Serious legal doubts" about the GAO report which called for further investigation...
...officials to a Social Security field supervisor who not only attended college on Government time but punished subordinates who refused to type his term papers during working hours. Another informed on the Defense Department, which was spending $1,245 on a rotating counter that cost only $124.50 commercially. The GAO has spent $3.4 million to operate the hot line over the past five years, and has identified about $20 million in misspent funds and projected savings of an additional $24 million. The Government offers no rewards. Says Carbone: "People just don't like to see their tax dollars abused...