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NEWS

• Postal Service is $700 million in the red 05/08/08 For the quarter, the agency handled 51.3 billion pieces of mail, a decline of 3.3 percent from the same period a year earlier.
• Contractors' offshore tax havens under more scrutiny 05/08/08 House Dems urge Treasury secretary to back legislation requiring overseas subsidiaries of U.S. contractors to be treated as American employers for the purpose of payroll taxes.
• Panel sinks Navy's $2.5B request for DDG-1000 destroyer 05/08/08 The move essentially puts an indefinite hold on one of the Navy's biggest modernization programs.
• House Oversight Committee clears measure to sell excess federal properties 05/08/08 Bill would increase incentives for the federal government to unload an estimated $18 billion worth of unneeded property.

• FEATURE HIGHLIGHT

  Competing To the Death
  President Bush's much heralded competitive sourcing program is on life support.
  

• FBI seizes Doan, Rice case files in raid of OSC chief's office 05/07/08 Raid is latest step in long investigation of Special Counsel Scott Bloch, who heads the independent office that enforces workplace laws at federal agencies.
• FBI search, leaked documents lead to renewed calls for ousting of Scott Bloch 05/07/08
• Panelists press Congress to rewrite law governing federal disaster response 05/07/08
• FBI raids special counsel's office 05/06/08

• Authorization bill attracts contracting reform amendments 05/06/08
• Kennedy circulates options on strengthening FDA oversight 05/06/08
• Army officers warn of atrophy in critical skills 05/06/08
• From Nextgov.com: GSA panel calls for clarity, transparency in contract pricing 05/06/08
• FBI seizes Office of Special Counsel computers 05/06/08
• Lawmakers seek probe of Pentagon public relations program 05/05/08
• OMB plan to improve clearance IT gets mixed reaction 05/05/08

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