Press Releases

Reps. Nunes, Ryan and Issa seek improved accounting of public pension debt Washington, D.C. – Today, Representative Devin Nunes (R-CA), Rep. Paul Ryan (R-WI), and Rep. Darrell Issa (R-CA) introduced the Public Employee Pension Transparency Act (text available here). The bill, which provides enhanced transparency for state and local pensions, also establishes a clear federal prohibition on any future ...

WASHINGTON D.C. – Rep. Darrell Issa (R-CA), the Ranking Member of the House Committee on Oversight and Government Reform, released the following statement reacting to President Barack Obama’s enactment of a two year freeze in civilian pay for federal employees: “At a time when our nation’s seniors have been denied a cost-of-living-increase and private sector hiring is stagnant, it is both necessary and quite frankly, long over-due to institute a pay-freeze for the ...

Report finds lack of accountability after move to kill Opportunity Scholarships for D.C. school children WASHINGTON, DC – The Government Accountability Office today released a report critical of D.C. Public schools (DCPS), which found that while policies for monitoring contractor performance exist on paper, these policies do not cover how to do the monitoring and were not consistently followed in real world situations. “The D.C. Public School system continues business as ...

Calls for Oversight Agenda Committed to Rooting Out Waste, Fraud and Abuse WASHINGTON D.C. – Speaking in Philadelphia at the “Focus on Recovery” 2010 Biennial National Procurement and Grant Fraud Conference, Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, highlighted the importance of working with the Inspector General (IG) community to root out waste, fraud and abuse. “We are as close to a team as we’ve ever been ...

WASHINGTON D.C. – Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, released the following statement today regarding the Office of Management and Budget’s (OMB) report revealing that the federal government’s improper payments for FY-2010 totaled $125 billion, $15 billion higher than the previous year: “It is unthinkable that we have come to accept having a bureaucracy that has institutionalized waste, fraud and abuse to the point ...

WASHINGTON D.C. – Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, released the following statement today reacting to the announcement by the U.S. Postal Service that it had incurred a financial loss of $8.5 billion in the last fiscal year: “This loss only underscores the urgent need for the Postal Service to trim its operating costs to match revenues. Congress has an obligation to ensure that effective solutions are implemented and ...

SAN DIEGO, CA – Rep. Darrell Issa (R-CA), the Ranking Member of the House Committee on Oversight and Government Reform, released the following statement on the results of tonight’s elections: “Tonight was a referendum on the Obama agenda and the American people rejected it. The American people have sent a clear and direct message to Washington that they want less spending, limited government and more accountability. The mandate is clear: advance an agenda that will ...

WASHINGTON D.C. – The Special Inspector General of the Troubled Asset Relief Program (SIGTARP) Neil Barofsky, released a report today raising new questions surrounding the accuracy and methodology of projections (Retrospective) recently released by the Treasury Department suggesting that taxpayers might profit from the taxpayer-funded bailout of AIG. “It is nothing short of a betrayal of public trust for the ...

Program’s Fallen ‘Woefully Short’ of Goal to Preserve Homeownership WASHINGTON D.C. – The Special Inspector General of the Troubled Asset Relief Program (SIGTARP) Neil Barofsky, released a report today characterizing the Treasury Departments’ claim that ‘every single person’ who participates in the Home Affordable Modification Program (HAMP) gets ‘a ...

Biggest Banks are Bigger, Advantage for the Too Big To Fail WASHINGTON D.C. – “The recession has ended in name only” while “Main Street has largely suffered alone” are some of the observations made in a sobering and at times scathing report that will be released tomorrow by the Special Inspector General of the Troubled Asset Relief Program (SIGTARP) Neil ...