With the creation of the Defense Health Agency, DoD has taken a step in changing the way it delivers care. DHA is the starting point for comprehensive enterprise-wide reform. It is a leading example for how DoD will seek to modernize and integrate its system of care -- creating a stronger, better and more resilient military health system for the future.
In 2006, the Office of Management and Budget (OMB) authorized the Performance and Accountability Reporting (PAR) Pilot Program, which permitted executive branch agencies to use an alternative approach to reporting financial and performance information....
"FASAB’s mission is to promulgate federal accounting standards after considering
the financial and budgetary information needs of citizens, oversight groups,
executive agencies, and other users of financial statements.”
"Fannie and Freddie are the backbone of the mortgage market in this country. Unfortunately, when they were created, the law allowed them to have very thin capitalization. They could be leveraged up to 100 to 1, if you will—unbelievable leverage.”
As the administration and Congress take actions to address the immediate financial crisis, determining how to place the government's response on a stronger organizational footing is a key step to reducing the likelihood that the nation will experience...