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Daily Archives: August 6, 2008

CBO Monthly Budget Review, August 2008

Monthly Budget Review, August 2008. Based on the Monthly Treasury Statement for June and the Daily Treasury Statements for July.

  • “The federal budget deficit was about $371 billion for the first 10 months of fiscal year 2008, CBO estimates, $213 billion more than the shortfall recorded over the same period in 2007. Revenues were about 1 percent lower than in the same period last year, whereas outlays have grown by almost 9 percent. CBO estimates that the federal government will end fiscal year 2008 with a deficit in the vicinity of $400 billion, close to the amount the agency projected last March after accounting for proposed supplemental appropriations.”
  • DOJ Releases Documents on the Anthrax Investigation

    AP – US: Ivins solely responsible for anthrax attacks Press release: “As the Department indicated last week and has been widely reported, substantial progress has been made in the Amerithrax investigation in recent years. As you know, this investigation into the worst act of bioterrorism in U.S. history has been one of the largest and… Continue Reading

    DOD OIG Audit: Status of Training Vehicles for U.S. Ground Forces Deploying in Support of Operation Iraqi Freedom

    D-2008-115 Status of Training Vehicles for U.S. Ground Forces Deploying in Support of Operation Iraqi Freedom, August 6, 2008 (Project No. D2007-D000LH-0108.001) “Our overall audit objective was to determine whether U.S. ground forces supporting Operation Iraqi Freedom (OIF) were receiving the training necessary to meet operational requirements. Specifically for this project, we determined whether levels… Continue Reading

    DOE OIG: Management Controls over Changes to the Idaho Cleanup Project Contract Baseline

    Department of Energy IG Audit Report – Management Controls over Changes to the Idaho Cleanup Project Contract Baseline, July 2008 “In Fiscal Year 2005, the Department of Energy (Department) awarded a Cost-Plus-Incentive-Fee coiltract to CH2M + WG Idaho, LLC (CWI) to lead environmental cleanup of its Idaho National Laboratory site. CWI’s contract requires it to… Continue Reading

    DOE OIG: Sandia National Laboratories Nuclear Weapons Safety Program

    Department of Energy IG Audit Report: Sandia National Laboratories Nuclear Weapons Safety Program (U) – an unclassified summary of the classified Audit Report on “Sandia National Laboratories Nuclear Weapons Safety Program (DOE/IG-0799, July 31, 2008) “Nuclear weapons safety is of paramount importance to U.S. security. The Department of Energy’s National Nuclear Security Administration (NNSA) requires… Continue Reading

    Consumer Federation of America Analysis of Fuel Economy and Auto Sales

    Consumer Federation of America, Fuel Economy and Auto Sales: Automaker and the National Highway Trafffic Safety Administration Ignore Market Signals, August 2008, by Mark Cooper: “This analysis explores important and fundamental flaws in the underlying economic assumptions made by the National Highway Traffic Safety Administration (NHTSA) in proposing its 2011-2015 fuel economy standards for autos… Continue Reading