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UPDATED 7:38 AM EDT, June 14, 2013

Energy Department's Donor Risk

The Energy Department helped a struggling government-backed clean coal power plant in California secure a new owner in a donor to President Barack Obama and agreed to revised terms that raised the risk of taxpayer losses, government investigators have found.

The Department's Office of Inspector General said that officials helped keep Hydrogen Energy California afloat after its initial backers moved to terminate their DOE contract in the face of fading commercial prospects.

UPDATED 6:59 AM EDT, June 12, 2013

Undervalued coal leases cost US $62 million, watchdog reports

BILLINGS, Mont. (AP) — Undervalued coal sales have cost the U.S. an estimated $62 million in potential lost revenues in recent years, according to a Tuesday report from federal investigators who recommended broad changes to the government's coal leasing program to stem further losses.

The report from the Department of Interior's Office of Inspector General comes amid rising pressure from Congress and environmentalists to make sure taxpayers are getting their fair share from coal sales on public lands.

UPDATED 6:23 AM EDT, June 4, 2013

More top Obama appointees using secret email accounts

WASHINGTON (AP) — Some of President Barack Obama's political appointees, including the Cabinet secretary for the Health and Human Services Department, are using secret government email accounts they say are necessary to prevent their inboxes from being overwhelmed with unwanted messages, according to a review by The Associated Press.

UPDATED 6:36 AM EDT, June 6, 2013

Social Insecurity

Social Security is already facing a financial crisis as more people rely on payments and fewer taxpayers pay into the program. Now it may soon face a people crisis.

The Social Security Administration is ill-prepared to deal with the large numbers of its workers who are planning to retire, even as the agency's workload is increasing, according to a new Government Accountability Office report that warns that one of the consequences could be an increase in erroneous retirement and disability payments.

UPDATED 7:19 AM EDT, May 29, 2013

IRS names financial manager new chief risk officer

WASHINGTON (AP) — The Internal Revenue Service named a new chief risk officer on Tuesday, appointing an experienced financial manager who acting commissioner Danny Werfel says will take steps to restore the integrity of the battered agency's operations.

David Fisher will also serve as a senior advisor to Werfel.

Fisher was chief administrative officer at the Government Accountability Office, the investigative arm of Congress that audits government programs. Fisher was in charge of all of the office's internal operations, including its budget and financial management.

UPDATED 6:43 AM EDT, May 28, 2013

IRS: Improving Review Systems

The Internal Revenue Service can improve its handling of tax examinations and audits, allowing it to recoup more of the estimated $450 billion annually in unpaid taxes, investigators said.

Although not directly tied to the embattled tax-exempt office that has come under fire from lawmakers this week, the report by the Government Accountability Office shows there’s still room for improvement with how the IRS conducts reviews of tax records.

UPDATED 19:22 PM EDT, May 13, 2013

Senate Finance to investigate IRS targeting of conservatives

WASHINGTON (AP) — Sen. Max Baucus says the Senate Finance Committee will investigate the IRS targeting conservative political groups, joining a growing list of congressional panels looking into the matter.

The Finance Committee would be the first in the Democratic-controlled Senate to announce an investigation. The Montana Democrat is the panel's chairman.

In the House, the Ways and Means Committee and the Oversight and Government Reform Committee, also are investigating.

UPDATED 17:44 PM EDT, May 7, 2013

Report examines delays in building vet hospitals

WASHINGTON (AP) — Government auditors told a House panel Tuesday that efforts to build four veterans medical centers are taking on average about three years longer to complete than estimated and costing an additional $366 million per project.

Rep. Mike Coffman, R-Colo., said the Veterans Affairs Department's oversight of major constructions projects doesn't meet industrial standards and described it as dysfunctional. Coffman, who chairs a House subcommittee, said the construction problems ultimately lead to delayed health care for veterans.

UPDATED 23:46 PM EDT, May 7, 2013

Air Repairs

Federal Aviation Administration safety inspectors are doing a poor job of policing aircraft repair facilities, leaving passengers vulnerable to risks such as faulty parts, the U.S. Transportation Department's internal watchdog has found.

The new warning comes five years after similar concerns were raised about FAA's ability to oversee aircraft repairs, and the latest review found little has changed.

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