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Latest Government Accountability Office Stories

2005-11-14 13:12:42

WASHINGTON (Reuters) - The U.S. Food and Drug Administration's initial review of Barr Pharmaceuticals Inc.'s bid to sell the Plan B "morning-after" contraceptive without a prescription was "unusual," congressional investigators said in a report released on Monday. "FDA's high-level management was more involved in the review of Plan B than in those of other (over-the-counter) switch applications," the Government Accountability Office said in a report. The GAO report probed the FDA's...

2005-11-14 12:17:27

WASHINGTON (Reuters) - The U.S. Food and Drug Administration review of Barr Pharmaceuticals Inc.'s bid to sell the Plan B "morning-after" contraceptive without a prescription has been "unusual," congressional investigators said in a report released on Monday. "FDA's high-level management was more involved in the review of Plan B than in those of other (over-the-counter) switch applications," the Government Accountability Office said in a report. The FDA indefinitely postponed a...

2005-11-04 18:48:58

By Susan Cornwell WASHINGTON (Reuters) - Workers generally lose retirement benefits when employers switch from traditional pensions to cash balance plans, a congressional study released on Friday said. And the study by the Government Accountability Office (GAO) said that older workers lose more benefits than younger ones when plans are changed. Hundreds of companies switched to cash balance plans in the 1990s, through which workers have an individual account balance based on pay...

2005-10-20 18:28:06

WASHINGTON (Reuters) - A U.S. Senate panel on Thursday approved legislation by Democrats requiring government agencies to disclose their role in prepackaged news stories they issue, in a move to clamp down on what has been called covert propaganda. The Senate Commerce Committee approved the measure that requires the packages to clearly notify the audience that the U.S. government prepared the segment or funded it. "The American people deserve the truth, not fake news from their own...

2005-10-20 12:49:51

By Vicki Allen WASHINGTON (Reuters) - U.S. National Guard units are under-equipped and increasingly unready to help in domestic disaster relief because essential gear is left behind after service in Iraq and Afghanistan, a congressional report said on Thursday. Heavy demands on the Guard since September 11, 2001, have caused "declining readiness, weakening the Army National Guard's preparedness for future missions," the Government Accountability Office said. It said the Pentagon's...

2005-10-07 19:33:34

By John Crawley WASHINGTON (Reuters) - U.S. authorities have no timeline yet for completing national rail security planning and should consider techniques used by European authorities, congressional investigators said on Friday. The Government Accountability Office report was released as New York City boosted subway security following an attack threat. The review concluded that federal officials have made some progress but still must develop a consistent approach for analyzing risks...

2005-10-06 14:15:12

By Jeremy Pelofsky WASHINGTON (Reuters) - U.S. Senate Banking Committee Chairman Richard Shelby called for improvements in how the government reviews foreign purchases of U.S. companies, but he was unsure about specific reforms that should be pursued. The Committee on Foreign Investments in the United States (CFIUS), an interagency panel led by the U.S. Treasury, has been under new scrutiny since China's state-controlled CNOOC Ltd. bid for American oil company Unocal. CNOOC...

2005-10-03 13:28:36

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has returned to investors only a small fraction of the $4.8 billion collected under a post-Enron program for penalizing violators of securities laws and returning the money to those harmed, said a congressional watchdog on Monday. The Government Accountability Office (GAO), Congress' investigative arm, also criticized the SEC for shortcomings in efforts to track collections of fines imposed on violators, as well as...

2005-09-27 01:10:00

WASHINGTON -- High-tech networks that link key parts of the U.S. air traffic control system lack important controls and are potentially vulnerable to hackers and others familiar with how those computer programs work, congressional investigators concluded on Monday. The Government Accountability Office (GAO) said in an update to a 2000 report that the Federal Aviation Administration has made progress in protecting information technology systems and noted the agency's contention that its...

2005-09-26 13:52:51

WASHINGTON (Reuters) - Five U.S. companies have received nearly half of $1 billion in U.S. government payments under an unfair trade practices program, according to lawmakers who have seen a Government Accountability Office (GAO) report due out on Monday. The five-year-old program requires U.S. Customs to distribute duties collected on unfairly priced or subsidized foreign goods to U.S. companies facing the import competition. The program was declared illegal by the World Trade...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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