Sub-Saharan Africa: Case Studies of U.S and Chinese Economic Engagement in Angola, Ghana, and Kenya; a Supplement to GAO-13-199 (open access)

Sub-Saharan Africa: Case Studies of U.S and Chinese Economic Engagement in Angola, Ghana, and Kenya; a Supplement to GAO-13-199

A letter report issued by the Government Accountability Office with an abstract that begins "This supplemental report is a companion to Sub-Saharan Africa: Trends in U.S. and Chinese Economic Engagement (GAO-13-199). This supplement presents the results of our case studies of U.S. and Chinese economic engagement in three sub-Saharan African countries--Angola, Ghana, and Kenya. We conducted these case studies to compare the United States' and China's trade, grants and loans, and investment activities in sub-Saharan Africa. For contextual information about the three countries and additional information on U.S. and Chinese engagement in sub-Saharan Africa broadly, see GAO-13-199."
Date: February 7, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Federal Student Loans: Impact of Loan Limit Increases on College Prices Is Difficult to Discern (open access)

Federal Student Loans: Impact of Loan Limit Increases on College Prices Is Difficult to Discern

A letter report issued by the Government Accountability Office with an abstract that begins "For more than a decade, college prices have been rising consistently and have continued to rise at a gradual pace after the Stafford loan limit increases were enacted in 2008 and 2009. However, it is difficult to determine if a direct relationship exists between increases in college prices and the Stafford loan limit increases because of the confluence of many other factors that occurred around the time the loan limit increases took effect. Specifically, when the loan limit increases took effect, the nation was in a recession, which created one of the most tumultuous and complex economic environments in recent history. GAO's analysis found that the economic effects of the recession, which affected families' employment, income, and net worth make it difficult to isolate the impact the recession had on students' decisions to borrow money to finance college expenses versus the impact of the loan limit increases. Further, federal, state, and institutional aid available to students also increased significantly around the same time the loan limit increases went into effect. It is difficult to determine the extent to which the increased availability of this financial aid …
Date: February 18, 2014
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Information Technology: HUD's Expenditure Plan Satisfied Statutory Conditions; Sustained Controls and Modernization Approach Needed (open access)

Information Technology: HUD's Expenditure Plan Satisfied Statutory Conditions; Sustained Controls and Modernization Approach Needed

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Housing and Urban Development's (HUD) fiscal year 2013 information technology (IT) expenditure plan satisfied the two sets of statutory conditions contained in the appropriations act. Regarding the first set of conditions, the plan identified for each project the functional and performance capabilities to be delivered, mission benefits, life-cycle costs, and key milestones. For example, for the Federal Housing Administration Transformation's Portfolio Evaluation Tool project, the plan identified functional capabilities such as the ability to produce on-demand reports to assess financial impacts and risks. The plan also satisfied the second set of conditions by demonstrating that each project was in compliance with HUD's enterprise architecture, was being managed in accordance with applicable life-cycle policies and guidance, conformed to capital planning and investment control requirements, and was supported by an adequately staffed project office. For instance, it included assessments demonstrating how projects conformed to requirements for planning and controlling investments. By satisfying these conditions, the plan should better inform the decision making of HUD's appropriations committees on current modernization projects."
Date: February 12, 2014
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Border Security: DHS Needs to Strengthen Its Efforts to Modernize Key Enforcement Systems (open access)

Border Security: DHS Needs to Strengthen Its Efforts to Modernize Key Enforcement Systems

Testimony issued by the Government Accountability Office with an abstract that begins "The schedule and cost for the Department of Homeland Security's (DHS) border enforcement system modernization program known as TECS Mod that is managed by Customs and Border Protection's (CBP) continue to change; while the part managed in parallel by Immigration and Customs Enforcement (ICE) is undergoing major revisions to its scope, schedule, and cost after discovering that its initial solution is not technically viable. CBP's $724 million program intends to modernize the functionality, data, and aging infrastructure of legacy TECS and move it to DHS's data centers by 2016. To date, CBP has deployed functionality to improve its secondary inspection processes to air and sea ports of entry and, more recently, to land ports of entry in 2013. However, CBP is in the process of revising its schedule baseline for the second time in under a year. Further, CBP has not developed its master schedule sufficiently to reliably manage work activities or monitor program progress. These factors raise questions about the certainty of CBP's remaining schedule commitments. Regarding ICE's $818 million TECS Mod program, it is redesigning and replanning its program, having determined in June 2013 that its …
Date: February 6, 2014
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Early Learning and Child Care: Federal Funds Support Multiple Programs with Similar Goals (open access)

Early Learning and Child Care: Federal Funds Support Multiple Programs with Similar Goals

Testimony issued by the Government Accountability Office with an abstract that begins "The federal investment in early learning and child care is administered through 45 programs that provide or may support related services to children from birth through age 5, as well as five tax provisions that subsidize private expenditures in this area. Among the 45 programs, 12 have an explicit program purpose of providing early learning or child care services. These programs differ in size, target population, and structure. For example, most of them obligated less than $500 million each in fiscal year 2012, while the largest program, Head Start, obligated approximately $8 billion in that year. The remaining 33 programs identified in GAO's 2012 report permit the use of funds for delivering or supporting early learning or child care services, but this is not their explicit purpose. These programs include multipurpose block grants, such as Temporary Assistance for Needy Families, for which early learning or child care is not a primary purpose but which may nevertheless provide significant funding for child care. They also include programs that may allow funds to be used for early learning or child care, but these are not among their primary goals and …
Date: February 5, 2014
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
VA Health Care: VA Should Expedite the Implementation of Recommendations Needed to Improve Post-Traumatic Stress Disorder Services (open access)

VA Health Care: VA Should Expedite the Implementation of Recommendations Needed to Improve Post-Traumatic Stress Disorder Services

A letter report issued by the Government Accountability Office with an abstract that begins "Post-traumatic stress disorder (PTSD), which is caused by an extremely stressful event, can develop after military combat and exposure to the threat of death or serious injury. Mental health experts estimate that the intensity of warfare in Iraq and Afghanistan could cause more than 15 percent of servicemembers returning from these conflicts to develop PTSD. Symptoms of PTSD can be debilitating and include insomnia; intense anxiety; and difficulty coping with work, social, and family relationships. Left untreated, PTSD can lead to substance abuse, severe depression, and suicide. Symptoms may appear within months of the traumatic event or be delayed for years. While there is no cure for PTSD, experts believe early identification and treatment of PTSD symptoms may lessen their severity and improve the overall quality of life for individuals with this disorder. The Department of Veterans Affairs (VA) is a world leader in PTSD treatment and offers PTSD services to eligible veterans. To inform new veterans about the health care services it offers, VA has increased outreach efforts to servicemembers returning from the Iraq and Afghanistan conflicts. Outreach efforts, coupled with expanded access to VA …
Date: February 14, 2005
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
IRS Restructuring Act Implementation (open access)

IRS Restructuring Act Implementation

Correspondence issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) efforts to implement provisions of the IRS Restructuring and Reform Act of 1998, focusing on: (1) what can be done to ensure that levies and seizures are done in accordance with the law; (2) IRS' balanced performance measurement system of evaluating employees; (3) the misuse of enforcement statistics in evaluating IRS employees; (4) the impact of information management systems deficiencies on IRS work and on taxpayers' rights; (5) IRS' implementation of the Restructuring Act taxpayer protections; (6) problems with IRS' sale and custody of seized property; and (7) what can be done to ensure that seizure authority is appropriately used."
Date: February 28, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Motor Carrier Safety: FMCSA Has Devoted a Small but Increasing Amount of Resources to Develop the Compliance, Safety, Accountability Program but Is Requesting a Significant Increase for Full Implementation (open access)

Motor Carrier Safety: FMCSA Has Devoted a Small but Increasing Amount of Resources to Develop the Compliance, Safety, Accountability Program but Is Requesting a Significant Increase for Full Implementation

Correspondence issued by the Government Accountability Office with an abstract that begins "In 2004, the Federal Motor Carrier Safety Administration (FMCSA) began work on its Compliance, Safety, Accountability (CSA) initiative to improve the safety of commercial motor vehicles, such as trucks and buses. FMCSA, whose primary mission is to reduce commercial motor vehicle-related crashes, fatalities and injuries, has made progress on CSA but needs to complete both implementation throughout all states and a Carrier Safety Fitness Determination rulemaking before CSA is fully implemented. CSA represents a different, more data-driven approach to motor carrier safety. Under CSA, which introduces a new system for identifying and responding to carrier safety risks, FMCSA intends to increase the number of carriers it evaluates and reduce crashes involving commercial vehicles. In light of delays in implementing CSA, Congress is concerned about FMCSA's ability to implement the program and directed GAO to monitor the program's implementation and review FMCSA's capacity to meet milestones within its planned cost estimates. As part of this work, Congress asked us to provide detailed information on the resources FMCSA has devoted and plans to devote to implementing CSA. This report provides information on (1) the amount of actual and proposed funding …
Date: February 25, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Early Child Care and Education: HHS and Education Are Taking Steps to Improve Workforce Data and Enhance Worker Quality (open access)

Early Child Care and Education: HHS and Education Are Taking Steps to Improve Workforce Data and Enhance Worker Quality

A letter report issued by the Government Accountability Office with an abstract that begins ""
Date: February 15, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Performance Budgeting: States' Experiences Can Inform Federal Efforts (open access)

Performance Budgeting: States' Experiences Can Inform Federal Efforts

A letter report issued by the Government Accountability Office with an abstract that begins "With a number of challenges facing the nation--including a long-term fiscal imbalance--agencies need to maximize their performance and leverage available resources and authorities to achieve maximum value while managing risk. Examining state efforts to increase the focus on performance and their experiences in responding to recent fiscal stress can offer insights into practices that may assist federal decision makers in addressing the challenges ahead. GAO described for five selected states--Arizona, Maryland, Texas, Virginia, and Washington--legislators' use of performance information in budget deliberations, how performance information helped to inform choices during fiscal stress, challenges these states face in implementing and sustaining their efforts, and the potential for state experiences to inform initiatives to improve the use of performance information at the federal level. Among other factors, these states were selected because they have established histories of performance budgeting efforts and represent a variety of approaches to implementing those efforts."
Date: February 28, 2005
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
License Suspensions for Nondriving Offenses: Practices in Four States That May Ease the Financial Impact on Low-Income Individuals (open access)

License Suspensions for Nondriving Offenses: Practices in Four States That May Ease the Financial Impact on Low-Income Individuals

A letter report issued by the Government Accountability Office with an abstract that begins "States suspend driver's licenses for a variety of offenses that are not directly related to driving safety. For example, all states have procedures to suspend licenses for child support arrearages. In addition, a majority of states issue suspensions for such offenses as failure to pay court or motor vehicle fines or maintain proper insurance. While recognizing that license suspension can be an effective tool for encouraging compliance with various laws, some policymakers and advocacy groups have raised concerns that certain drivers may face suspension because of their limited ability to meet financial obligations. They have also raised concerns that suspensions make it difficult for some low-income individuals to maintain or find work, and may make it more challenging for them to pay fines or meet child support obligations. Additionally, they have raised concerns that suspensions for nondriving offenses may clog court systems and divert resources to activities that do not improve traffic safety. Although the federal government has a limited role with regard to driver's licenses, federal law promotes nondriving suspensions in two circumstances. First, as a condition of federal funding for their child support enforcement …
Date: February 18, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Federally Chartered Corporation: Review of the Financial Statement Audit Report for the American Ex-Prisoners of War, Incorporated, for Fiscal Year 1998 (open access)

Federally Chartered Corporation: Review of the Financial Statement Audit Report for the American Ex-Prisoners of War, Incorporated, for Fiscal Year 1998

Correspondence issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO reviewed the audit report covering the financial statements of the American Ex-Prisoners of War Incorporated, for the fiscal year ended August 31, 1998, focusing on whether the audit report complied with the financial reporting requirements of the law."
Date: February 19, 1999
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Financial Audit: Federal Deposit Insurance Corporation Funds' 2003 and 2002 Financial Statements (open access)

Financial Audit: Federal Deposit Insurance Corporation Funds' 2003 and 2002 Financial Statements

A letter report issued by the General Accounting Office with an abstract that begins "GAO is required to annually audit the financial statements of the Bank Insurance Fund (BIF), Savings Association Insurance Fund (SAIF), and FSLIC Resolution Fund (FRF), which are administered by the Federal Deposit Insurance Corporation (FDIC). GAO is responsible for obtaining reasonable assurance about whether FDIC's financial statements for BIF, SAIF, and FRF, are presented fairly in all material respects, in conformity with U.S. generally accepted accounting principles, whether it maintains effective internal controls, and whether FDIC has complied with selected laws and regulations. Created in 1933 to insure bank deposits and promote sound banking practices, FDIC plays an important role in maintaining public confidence in the nation's financial system. In 1989, legislation to reform the federal deposit insurance system created three funds to be administered by FDIC: BIF and SAIF, which protect bank and savings deposits, and FRF, which was created to close out the business of the former Federal Savings and Loan Insurance Corporation."
Date: February 13, 2004
Creator: United States. General Accounting Office.
Object Type: Report
System: The UNT Digital Library
Pipeline Permitting: Interstate and Intrastate Natural Gas Permitting Processes Include Multiple Steps, and Time Frames Vary (open access)

Pipeline Permitting: Interstate and Intrastate Natural Gas Permitting Processes Include Multiple Steps, and Time Frames Vary

A letter report issued by the Government Accountability Office with an abstract that begins "Both the interstate and intrastate natural gas pipeline permitting processes are complex and can involve multiple federal, state, and local agencies, as well as public interest groups and citizens, and include multiple steps. The interstate process involves a voluntary pre-filing phase, an application phase, and a post-authorization phase with multiple steps that stakeholders reported to be consistent among projects because the process is led by the Federal Energy Regulatory Commission (FERC). FERC coordinates with federal, state, and local agencies that have statutory and regulatory authority over various environmental laws and regulations. For example, if a proposed pipeline may affect endangered species, FERC coordinates with the U.S. Fish and Wildlife Service, which reviews the impacts on such species. The intrastate process can also involve multiple stakeholders and steps, but, unlike in the interstate process, GAO found that the stakeholders and steps vary by state. For example, of the 11 states GAO reviewed, 5 have agencies charged with approving the route of natural gas pipelines and require advance approval of the location and route, and the remaining 6 do not. Pipeline companies must also comply with various federal …
Date: February 15, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Medicare: Methodology to Identify and Measure Improper Payments in the Medicare Program Does Not Include All Fraud (open access)

Medicare: Methodology to Identify and Measure Improper Payments in the Medicare Program Does Not Include All Fraud

Correspondence issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO provided information on the methodology used to estimate the $12.6 billion in Medicare improper payments, as reported by the Department of Health and Human Services' (HHS) Office of Inspector General (OIG) for fiscal year (FY) 1998, focusing on whether the methodology included tests to detect improper payments resulting from fraudulent and abusive schemes in the Medicare program."
Date: February 4, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Extreme Weather Events: Limiting Federal Fiscal Exposure and Increasing the Nation's Resilience (open access)

Extreme Weather Events: Limiting Federal Fiscal Exposure and Increasing the Nation's Resilience

Testimony issued by the Government Accountability Office with an abstract that begins "The federal government has opportunities to limit its exposure and increase the nation's resilience to extreme weather events. Since 1980, the U.S. has experienced 151 weather disasters with damages exceeding 1 billion dollars each. This testimony focuses on 4 areas where the government could limit its fiscal exposure."
Date: February 12, 2014
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Whistleblower Protection: Actions Needed to Improve DOD's Military Whistleblower Reprisal Program (open access)

Whistleblower Protection: Actions Needed to Improve DOD's Military Whistleblower Reprisal Program

A letter report issued by the Government Accountability Office with an abstract that begins "DODIG has taken multiple steps, in collaboration with the service IGs in some instances, to improve DOD’s ability to process military whistleblower reprisal cases in a timely manner. Timeliness is important to ensure the reliability of evidence and appropriate resolution of reprisal allegations. However, DODIG has generally not met statutory requirements to report on investigations within 180 days, or to provide alternative notification. DODIG has undertaken efforts to improve timeliness by, for example, eliminating a time-consuming phase of its investigative process. However, DOD’s efforts are hampered by unreliable and incomplete data. For instance, GAO found that DODIG has not consistently or accurately recorded key dates to track how long investigations take to complete. Without key timeliness data, DODIG may have difficulty in identifying process areas requiring improvement and evaluating the impact of reforms. Further, the absence of this information limits congressional decision makers’ ability to provide oversight of DOD’s whistleblower reprisal investigative program."
Date: February 22, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Internal Revenue Service: Preparing Substitute for Returns for Individuals (open access)

Internal Revenue Service: Preparing Substitute for Returns for Individuals

Correspondence issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO provided information on the Substitute for Return (SFR) program at the Internal Revenue Service (IRS)."
Date: February 17, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Elderly Housing: Federal Housing Programs That Offer Assistance for the Elderly (open access)

Elderly Housing: Federal Housing Programs That Offer Assistance for the Elderly

A letter report issued by the Government Accountability Office with an abstract that begins "According to the 2003 American Housing Survey sponsored by the U.S. Department of Housing and Urban Development (HUD), nearly one-third of elderly households--those whose head was age 62 or older--were experiencing housing affordability problems. Further, a congressional commission reported in 2002 that investment in affordable housing is decreasing, although the elderly population is expected to increase. A number of federal housing programs provide assistance, including rent subsidies, mortgage insurance, and loans and grants for the purchase or repair of homes, to low-income renters and homeowners. These programs are administered primarily by HUD or the U.S. Department of Agriculture (USDA). GAO was asked to determine the extent to which federal housing programs provide benefits to elderly households, summarize information on the programs' effectiveness in assisting the elderly and supportive services, and determine how HUD and USDA avoid overlap and duplication in their programs."
Date: February 14, 2005
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Individuals with Disabilities Education Act: Standards Needed to Improve Identification of Racial and Ethnic Overrepresentation in Special Education (open access)

Individuals with Disabilities Education Act: Standards Needed to Improve Identification of Racial and Ethnic Overrepresentation in Special Education

A letter report issued by the Government Accountability Office with an abstract that begins "In 2010, states required about 2 percent of all districts to use Individuals with Disabilities Education Act (IDEA) funds for early intervening services to address the overrepresentation of racial and ethnic groups in special education. Based on definitions states individually developed to measure this overrepresentation-- referred to in IDEA as significant disproportionality--356 districts were required to provide services. Half of these districts were clustered in five states and 73 were in Louisiana alone. States have used flexibility provided by Education to develop their own definitions of significant disproportionality and GAO's analysis of 16 selected states found wide variation in definitions. Further, GAO found that the way some states defined overrepresentation made it unlikely that any districts would be identified and thus required to provide early intervening services. Nebraska and Louisiana illustrate differing outcomes that can result from different state definitions. In Nebraska, one of 21 states that did not require any districts to provide services in 2010-11, racial and ethnic groups must be identified for special education at a rate three times higher than for other groups for 2 consecutive years. In contrast, racial and ethnic …
Date: February 27, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
DOD Business Systems Modernization: Air Force Business System Schedule and Cost Estimates (open access)

DOD Business Systems Modernization: Air Force Business System Schedule and Cost Estimates

A letter report issued by the Government Accountability Office with an abstract that begins "The Air Force's schedule that supported the February 2012 Milestone B decision for the Defense Enterprise Accounting and Management System (DEAMS) did not meet best practices. The cost estimate did meet best practices, but the issues associated with the schedule could negatively affect the cost estimate. GAO found that the schedule supporting the Air Force's decision to invest in DEAMS partially or minimally met the four characteristics for developing a high-quality and reliable schedule. For example, the schedule did not reflect all government and contractor activities, and resources were not assigned to specific activities. The schedule also lacked a valid critical path, preventing management from focusing on the activities most likely to cause critical program delays if they are not completed as planned. In addition, a schedule risk analysis was not conducted to predict a level of confidence in meeting the program's completion date."
Date: February 7, 2014
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Uncertain Political and Security Situation Challenges U.S. Efforts to Implement a Comprehensive Strategy in Yemen (open access)

Uncertain Political and Security Situation Challenges U.S. Efforts to Implement a Comprehensive Strategy in Yemen

Correspondence issued by the Government Accountability Office with an abstract that begins "According to senior State officials, the overarching U.S. policy goal in Yemen is to create a stable and secure state. To achieve that goal, the U.S. assistance strategy has for years included both a security element focused on counterterrorism activities and a civilian element focused on development activities. In 2009, in response to the increasing economic, social, and political challenges facing Yemen, the U.S. government undertook a comprehensive review of its policy toward Yemen. This review led to a whole-of-government strategy that still includes both security and civilian assistance, but that, according to U.S. officials, is more integrated than in prior years. The strategy seeks to simultaneously address security needs as well as the underlying economic, social, and political grievances that can lead to violent extremism. U.S. officials told us that assistance activities under this strategy have had to adjust to the changing security situation on the ground. Further, officials told us they have recently begun reviewing the strategy itself in light of the political changes under way in Yemen."
Date: February 29, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
State Children's Health Insurance Program: CMS Should Improve Efforts to Assess whether SCHIP Is Substituting for Private Insurance (open access)

State Children's Health Insurance Program: CMS Should Improve Efforts to Assess whether SCHIP Is Substituting for Private Insurance

A letter report issued by the Government Accountability Office with an abstract that begins "Congress created the State Children's Health Insurance Program (SCHIP) to reduce the number of uninsured children in low-income families that do not qualify for Medicaid. States have flexibility in structuring their SCHIP programs, and their income eligibility limits vary. Concerns have been raised that individuals might substitute SCHIP for private health insurance--known as crowd-out. GAO was asked to examine the Centers for Medicare & Medicaid Services' (CMS) and states' efforts to minimize crowd-out and determine whether it should be a concern. GAO examined (1) CMS's guidance to states for minimizing crowd-out and assessment of whether it should be a concern and (2) states' policies to minimize crowd-out and how they assess whether it should be a concern. To do the work, GAO reviewed federal laws and guidance, examined state annual reports, and interviewed CMS officials. GAO also interviewed SCHIP officials from nine states."
Date: February 20, 2009
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
The Department of Energy: Key Steps Needed to Help Ensure the Success of the New Loan Guarantee Program for Innovative Technologies by Better Managing Its Financial Risk (open access)

The Department of Energy: Key Steps Needed to Help Ensure the Success of the New Loan Guarantee Program for Innovative Technologies by Better Managing Its Financial Risk

Correspondence issued by the Government Accountability Office with an abstract that begins "In May 2006, the Department of Energy (DOE) proposed transferring appropriations from some DOE accounts to begin a new loan guarantee program (LGP) authorized by the Energy Policy Act of 2005 (EPAct 05). Title XVII of EPAct 05--Incentives for Innovative Technologies--authorized the LGP to guarantee loans for projects intended to (1) decrease air pollutants or man-made greenhouse gases by reducing their production or by sequestering them (storing them to prevent their release into the atmosphere), (2) employ new or significantly improved technologies compared with current commercial technologies, and (3) have a "reasonable prospect" of repayment. Such projects could include renewable energy systems, advanced fossil energy technologies, and production facilities for fuel-efficient vehicles. Although EPAct 05 authorized the LGP, the Federal Credit Reform Act of 1990 requires that Congress appropriate budget authority for loan guarantee program costs before loans can be made. In appropriating budget authority for the LGP, Congress would be not only authorizing DOE to issue the loan guarantees but also establishing policy by setting limits on the dollar amount of loans that can be guaranteed. Congress can also specify limits on the amount of LGP administrative …
Date: February 28, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library