Morning Smoke: Hearing to Address New Contracting Guidance from OMB

Hearing: Achieving the President's Objectives: New OMB Guidance to Combat Waste, Inefficiency, and Misuse in Federal Government Contracting [Senate Ad Hoc Subcommittee on Contracting Oversight]

OMB calls for 5 percent growth in civilian acquisition workforce [Government Executive]

FEMA is unable to measure funding benefits [Government Executive]

Coburn Questions Stimulus Contracts to Suspended Contractors [ProPublica]

Lawmakers Slam Tanker RFP [DoD Buzz]

House Bill Taps Largest Firms to Pay for U.S. Financial Rescues [Bloomberg]

GMAC Asks for Fresh Lifeline [The Wall Street Journal]

Senators Question U.S. Response to Flu [The Wall Street Journal]

Improving financial regulation and supervision [Econbrowser]

Congress Getting Into the Performance Game [OMB Watch]