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Officials in President Barack Obama’s administration announced yesterday their hopes in reaching a deal in Congress to raise the debt ceiling in exchange for about $1.5 trillion in spending cuts over 10 years. The leaders hope the decision can be made in time for the Aug. 2 deadline. The budget …

  The White House has kicked off its third annual SAVE award competition, which is part of the administrations’ effort to modernize the government. The Savings Americans Value and Efficiency program allows federal workers to submit thousands of cost-cutting ideas to the Office of Management and Budget for review. “We …

Government IT network MeriTalk today announced former Chairman of the Federal Reserve Dr. Alan Greenspan will be the keynote speaker of the 2011 Innovation Nation Forum at the D.C. Convention Center held Aug. 23. The forum focuses on the underlining business case for the innovation in the areas of cloud …

According to Assistant Defense Secretary of Public Affairs Douglas Wilson, Defense Secretary Leon Panetta wants Iraqi leaders to make a decision about the status of U.S. presence in Iraq. Panetta, who has been in Iraq since Monday, met with the country’s Prime Minister Nouri al-Maliki and President Jalal Talabani. Wilson …

The third longest-serving deputy secretary of defense, William J. Lynn III, will be resigning this fall. The nation’s 30th deputy secretary has spent the last two decades in government service, beginning with his role as national security adviser to the late Massachusetts Sen. Ted Kennedy. “It has been an honor …

Photo: blackgarbagebags.com The White House is hard at work getting rid of waste: President Barack Obama’s Campaign to Cut Waste requires federal agencies to slash spending by 15 percent by the end of fiscal year 2012, in hopes to save about $6 billion. According to The Washington Post, management support …

The Defense Department’s U.S. Cyber Command is adding on new appointees to its organization. Rear Adm. Sean Filipowski will serve as the new deputy director of operations, replacing Rear Adm. Jan Tighe, who will become the next director of decision superiority in the Office of the Chief of Naval Operations. …

In a letter to the Department of Defense on his first day as the new defense secretary, former CIA Director Leon Panetta assured the president, U.S. troops and the department’s civilian employees that he would lead the DoD’s mission to protect U.S. citizens and the country’s interests around the world. …

Photo: Sergej Khackimullin The Office of Management and Budget has given the OK for dozens of projects to resume after freezing work on them in June 2010. About 30 financial systems programs at multiple agencies saw their projects re-evaluated, downsized or canceled. At a recent Financial Modernization Industry event, Controller …

The Defense Department’s acquisition czar said as the U.S. prepares to draw down forces in Afghanistan, the need for a more capable and better equipped force is even more crucial. Ashton Carter, undersecretary of defense for acquisitions, technology and logistics, at a Defense Logistics Agency conference in Columbus, Ohio, said …