Oversight
Retirement calculator suffered from coding error; senators press for more answers
http://federalnewsradio.com/retirement/2016/03/retirement-calculator-suffered-coding-error-senators-press-answers/ By Jory Heckman | @jmheckmanMarch 9, 2016 12:13 pm The Consumer Financial Protection Bureau told the chairmen of two Senate financial committees it fixed an "isolated coding error" in its retirement planning calculator, but those senators said many questions remain unanswered. In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard C… Continue Reading
03.09.16
Consumer Bureau Response to Broken Retirement Tool Inadequate and Unresponsive
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, and Senator Richard Shelby (R-AL), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, called a response from the Consumer Financial Protection Bureau (CFPB) "inadequate and unresponsive" after the agency acknowledged problems with its online Social Security retirement calculator, but failed to fully address the problems or adequately fix them. The Chairmen note the agency's retirement cal… Continue Reading
03.09.16
Consumer Bureau Response to Broken Retirement Tool “Inadequate and Unresponsive”
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, and Senator Richard Shelby (R-AL), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, called a response from the Consumer Financial Protection Bureau (CFPB) "inadequate and unresponsive" after the agency acknowledged problems with its online Social Security retirement calculator, but failed to fully address the problems or adequately fix them. The Chairmen note the agency's retirement cal… Continue Reading
03.09.16
Retirement calculator suffered from ‘coding error'; senators press for more answers
by Jory Heckman
In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard Cordray said there are legitimate reasons why the agency's retirement calculator produced different results from a similar tool available on the Social Security Administration's website. "The Bureau appreciates the Committee's concern regarding certain differences in estimates," Cordray wrote. "We share this concern, so Bureau staff worked to ensure our tool is both informative and reliable … burea… Continue Reading
03.08.16
CBO Revenue Baselines and Tax Reform
WASHINGTON, DC - The Senate Budget Committee today released its March 8, 2016, Budget Bulletin focused on Congressional Budget Office (CBO) Revenue Baselines and Tax Reform. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: The Congressional Budget Office (CBO) annually produces a baseline estimate of federal … Continue Reading
03.07.16
Senate Budget Committee Postpones Action on FY 17 Budget Resolution
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, announced today that the committee will postpone possible action on the FY 2017 budget resolution this month, but that discussions will continue on a path forward for the fiscal blueprint. "The Senate Budget Committee will continue to discuss the budget as well as improvements to the budget process that would increase fiscal honesty, stability in government operations and the ability to help govern our nation,"… Continue Reading
02.24.16
President’s FY 2017 Budget – Budget Process Proposals
WASHINGTON, DC - The Senate Budget Committee today released its seventh and final analysis on the President's FY 2017 Budget submission. The February 24, 2016, Budget Bulletin is focused on the fiscal blueprint's budget process proposals. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: In addition to funding… Continue Reading
02.23.16
President’s FY 2017 Budget – Domestic Policy Proposals
WASHINGTON, DC - The Senate Budget Committee today released its sixth in a series of analyses of the President's FY 2017 Budget submission. The February 23, 2016, Budget Bulletin is focused on the Budget's domestic policy proposals. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Overall, the president's bud… Continue Reading
02.19.16
President’s FY 2017 Budget – Revenue Proposals
WASHINGTON, DC - The Senate Budget Committee today released its fifth in a series of analyses of the President's FY 2017 Budget submission. The February 19, 2016, Budget Bulletin is focused on the Budget's revenue proposals. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Overview of POTUS FY 17 Budget Reven… Continue Reading
02.18.16
President’s FY 2017 Budget – Education Proposals
WASHINGTON, DC - The Senate Budget Committee today released its fourth in a series of analyses of the President's FY 2017 Budget submission. The February 18, 2016, Budget Bulletin is focused on the Budget's education proposals. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Education Overview President Bar… Continue Reading
02.17.16
Enzi Asks GAO to Investigate Spending by Feds on Public Relations Activities
WASHINGTON D.C. - GAO will initiate a study to identify and quantify the total amount of federal resources dedicated to agency public relations activities, in response to a formal request from Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee. Enzi cited the increasing pressures on limited federal resources combined with the need for fiscal oversight on spending by the federal government on public relations activities. Enzi issued this GAO request four months after sending a simi… Continue Reading
02.17.16
Federal Agencies to Receive Audit Into Their PR Spending
http://www.govexec.com/oversight/2016/02/federal-agencies-receive-audit-their-pr-spending/126005/ By Eric Katz The Government Accountability Office is launching an investigation to shed a light on a sector of federal agency spending long kept in the shadows: advertising. GAO's announcement came after some powerful lawmakers have pressed agencies for more disclosure into their spending on public relations and advertising. A 2014 Congressional Research Service report found agencies spent $893 m… Continue Reading
02.17.16
Federal Agencies to Receive Audit Into Their PR Spending
by Eric Katz
The Government Accountability Office is launching an investigation to shed a light on a sector of federal agency spending long kept in the shadows: advertising. GAO's announcement came after some powerful lawmakers have pressed agencies for more disclosure into their spending on public relations and advertising. A 2014 Congressional Research Service report found agencies spent $893 million on advertising contracts in fiscal 2013, and nearly $4.7 billion between fiscal years 2009 and 2013. GAO w… Continue Reading
02.16.16
President’s FY 2017 Budget - National Security and International Affairs Proposals
WASHINGTON, DC - The Senate Budget Committee today released its third in a series of analyses of the President's FY 2017 Budget submission. The February 16, 2016, Budget Bulletin is focused on the Budget's National Security and International Affairs proposals. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: … Continue Reading
02.16.16
Enzi Asks GAO to Investigate Spending by Feds on Public Relations Activities
WASHINGTON D.C. - GAO will initiate a study to identify and quantify the total amount of federal resources dedicated to agency public relations activities, in response to a formal request from Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee. Enzi cited the increasing pressures on limited federal resources combined with the need for fiscal oversight on spending by the federal government on public relations activities. Enzi issued this GAO request four months after sending a simi… Continue Reading
02.11.16
Jim Neill Joins Budget Committee as Director of Coalitions and Outreach
WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today announced the appointment of Jim Neill as Coalitions and Outreach Director. The position, focused on grassroots and business trade associations, will increase the dialogue and exchange of ideas between the Committee and organizations focused on the federal budget process and debt reduction. "I am pleased to welcome Jim to the staff of the Senate Budget Committee," said Chairman Enzi."Jim's skills and experience will help … Continue Reading
02.11.16
President’s FY 2017 Budget Health Care Proposals
WASHINGTON, DC - The Senate Budget Committee today released its second in a series of analyses of the President's FY 2017 Budget submission. The February 11, 2016, Budget Bulletin is focused on the Budget's health care proposals. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Overview: Health Care Proposals… Continue Reading
02.10.16
Overview of President’s FY 2017 Budget Proposal
WASHINGTON, DC - The Senate Budget Committee today released its first in a series of analyses of the President's FY 2017 Budget submission. The February 10, 2016, Budget Bulletin is focused on an overview of the President's fiscal year 2017 Budget Proposal. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Ove… Continue Reading
02.09.16
President’s Final Budget Doubles Down on More Spending and Debt
WASHINGTON D.C. - Republican members of the Senate Budget Committee today issued the following statements after President Obama released his final budget, which joins his previous fiscal blueprints in pushing for more taxes, more spending, more deficits and more debt for the nation. "The President's final budget continues his focus on new spending proposals instead of confronting our country's massive overspending and skyrocketing $19 trillion in debt," said Senate Budget Committee Chairman Mi… Continue Reading
02.04.16
Joint Announcement from Senate and House Budget Committees on OMB Hearing
WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Chairman Tom Price (R-GA) today announced that both committees will not hold a hearing hosting the Director of the Office of Management and Budget to review the president's FY 2017 Budget. "It appears the President's final budget will continue to focus on new spending proposals instead of confronting our government's massive overspending and debt," said Chairman Enzi. "It is clear that this Presiden… Continue Reading
