The Office of Management and Budget (OMB) released a memo to federal agencies on Oct. 7 that outlines a new initiative to bring a renewed emphasis and additional resources for program evaluation within agencies. Although this initiative is not a comprehensive plan to reinvigorate performance measurement in the federal government, it will help correct many problems that kept previous performance systems from creating real improvement in government performance.

The Obama administration rolled out a revamped Public-Private Investment Program (PPIP) the week of Oct. 5. The program is designed to accomplish the original goals of the Troubled Asset Relief Program (TARP). According to observers, the program still contains too little disclosure of conflicts of interest among those charged with implementing it.

With the end of the fiscal year quickly approaching on Sept. 30, congressional leaders plan to pass a continuing resolution (CR) to keep government agencies funded through the end of October and allow additional time for appropriations work to continue. Although not a guarantee, the additional time should allow Congress to finish its appropriations work, preventing the need for an omnibus spending bill before the end of the year.