The Defense Department's lax contract oversight overseas has allowed one contractor to bill the government $900 for a $7 switch, a new quarterly report by the Special Inspector General for Iraq Reconstruction (SIGIR) shows. (1)

The Foreign Service's ranks must expand despite pressure for spending cuts, an umbrella advocacy group argues in a report released Wednesday. (2)

Agriculture Department funding would be slashed by double digits. Ditto for the State Department. Even military construction projects, usually cherished on Capitol Hill, would not be spared. (2)

Billions of dollars could be lost because the Iraqi and Afghan governments cannot sustain U.S.-funded projects, a new report says. (2)