News releases: “In support of President Obamas Campaign to Cut Waste across the federal government, the U.S. Department of the Treasury announced today that it is mandating that all Treasury Bureaus implement the Internet Payment Platform (IPP), an electronic invoice processing solution, by the end of fiscal year 2012. Additionally, in fiscal year 2013, Treasury will require that its commercial vendors submit their invoices using IPP. This initiative will both improve government efficiency and cut costs for taxpayers. Moreover, vendors who use IPP will collect quicker payments for their services, receive greater assurances that their invoices are received and processed accurately, and have immediate online access to their invoice status for all agencies using IPP. Treasury estimates that adopting IPP across the federal government would reduce the cost of entering invoices and responding to invoice inquiries by as much as 50 percent or $450 million annually. These government-wide savings equal roughly one quarter of the $2.1 billion of the efficiency savings that the Presidents 2012 Budget called upon agencies to identify.”
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Daily Archives: July 13, 2011
New GAO Reports – TSA Security Issues, Financial Literacy Programs, National Data Collection Efforts, Protecting Federal Facilities, Residential Appraisals
Aviation Security: TSA Has Taken Actions to Improve Security, but Additional Efforts Remain, GAO-11-807T, July 13, 2011 Cost and Legal Authority for Selected Financial Literacy Programs and Activities, GAO-11-781R, July 13, 2011 Domestic Violence, Sexual Assault, Dating Violence, and Stalking: National Data Collection Efforts Underway to Address Some Information Gaps, GAO-11-833T, July 13, 2011 Protecting… Continue Reading
CDC Trial and Another Major Study Find PrEP Can Reduce Risk of HIV Infection among Heterosexuals
“A new CDC study called the TDF2 study, along with a separate trial released today, provide the first evidence that a daily oral dose of antiretroviral drugs used to treat HIV infection can reduce HIV acquisition among uninfected individuals exposed to the virus through heterosexual sex. The CDC TDF2 study, conducted in partnership with the… Continue Reading
Chairman Bernanke's Semiannual Monetary Policy Report to the Congress
Chairman Ben S. Bernanke, Semiannual Monetary Policy Report to the Congress Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C., July 13, 2011 “The Economic Outlook – The U.S. economy has continued to recover, but the pace of the expansion so far this year has been modest. After increasing at an annual… Continue Reading
Report – Achieving Effective Supervision: An Industry Perspective
Achieving Effective Supervision: An Industry Perspective, “prepared by the Effective Supervision Advisory Group under Mrs Kerstin af Jochnick, Managing Director of the Swedish Bankers Association – addresses the issue of how to make supervision more effective both nationally and globally in the light of the financial crisis. It argues that such supervision has a central… Continue Reading
Report – Macroprudential Oversight: An Industry Perspective
The report Macroprudential Oversight: An Industry Perspective stresses that the Institute of International Finance strongly supports the development of macroprudential oversight and tools but encourages regulators to balance the need for rapid progress with a degree of caution and a willingness to learn and adapt in the light of experience. The report mainly takes the… Continue Reading
Report: U.S. Salary Increase Budgets for 2012
“Based on a sample of 415 companies, the latest edition of The Conference Board survey of U.S. salary increase budgets reveals that these budgets will have a median increase of 3.00 percent in 2011, which is modestly higher than the increases of the past two years. The respondents also project that their salary budget increases… Continue Reading
WHO report on the global tobacco epidemic, 2011: warning about the dangers of tobacco
“This report is the third in a series of WHO reports on the status of global tobacco control policy implementation. All data on the level of countries achievement for the six MPOWER measures have been updated through 2010, and additional data have been collected on warning the public about the dangers of tobacco. The report… Continue Reading
CDC July 2011 Vital Signs Issue: Colorectal Cancer
“Colorectal cancer is the #2 cancer killer in the US among cancers that affect both men and women. But it doesn’t have to be. Screening can find precancerous polyps (abnormal growths) so they can be removed before turning into cancer. Screening can also find colorectal cancer early when it is easiest to treat. A new… Continue Reading
