Response to a post hearing question related to GAO's December 6, 2006 testimony on continued findings of fraud, waste, and abuse associated with Hurricanes Katrina and Rita relief efforts (open access)

Response to a post hearing question related to GAO's December 6, 2006 testimony on continued findings of fraud, waste, and abuse associated with Hurricanes Katrina and Rita relief efforts

Correspondence issued by the Government Accountability Office with an abstract that begins "On December 6, 2006, GAO testified before the Senate Committee on Homeland Security and Governmental Affairs on the results of our audit and investigation of hurricanes Katrina and Rita disaster relief efforts. This letter provides our response to Congress's supplemental question for the record. The testimony indicated that the Federal Emergency Management Agency (FEMA) distributed $20 million under the Individuals and Household Program to individuals who claimed damages for both Hurricane Katrina and Hurricane Rita. Congress asked whether it was our conclusion that the entire $20 million was paid improperly or was the $20 million the amount that potentially was paid improperly. Congress also asked whether we investigated each payment comprising the total $20 million."
Date: January 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Selected Agencies Use of Criminal Background Checks for Determining Responsibility (open access)

Selected Agencies Use of Criminal Background Checks for Determining Responsibility

Correspondence issued by the Government Accountability Office with an abstract that begins "This letter and its enclosure respond to the Congressional request for information on selected executive agencies' policies and practices for making responsibility determinations before awarding contracts. Congress requested this information because of its continued concern for effective pre-contract screening to reduce fraudulent activities by contractors. On the basis of discussions, GAO's objectives were to (1) identify agency policies and practices for making contractor responsibility assessments, and determine under what conditions agencies conduct criminal background checks, (2) determine how contracting officers use the Excluded Parties List System (EPLS) to make responsibility assessments and identify planned improvements to the system, if any, and (3) determine the number of fraud investigations in which the contractor or principals had a prior criminal background."
Date: January 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
U.S. Office of Special Counsel's Procedures for Assigning Incoming Cases to and within Organizational Units (open access)

U.S. Office of Special Counsel's Procedures for Assigning Incoming Cases to and within Organizational Units

Correspondence issued by the Government Accountability Office with an abstract that begins "The U.S. Office of Special Counsel (OSC) is an independent federal investigative and prosecutorial agency. Its primary mission is to safeguard the merit system in federal employment by protecting employees and applicants for federal employment from prohibited personnel practices, especially reprisal from whistleblowing. Individuals who believe that a prohibited personnel practice, such as nepotism or obstruction of the right to compete for employment, has been committed may file complaints with OSC. In addition, the agency operates a secure channel for federal whistleblowing disclosures of violations of law, rule, or regulation; gross mismanagement; gross waste of funds; abuse of authority; and substantial and specific dangers to public health or safety. OSC's handling of cases has been publicized in the media and concerns were raised about the assignment of two cases that involved alleged violations of the Hatch Act that OSC officials appeared to handle differently from other such cases. This report responds to the request to provide information on OSC's policies and procedures for assigning incoming cases to and within its organizational units."
Date: January 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Military Health: Increased TRICARE Eligibility for Reservists Presents Educational Challenges (open access)

Military Health: Increased TRICARE Eligibility for Reservists Presents Educational Challenges

A letter report issued by the Government Accountability Office with an abstract that begins "Since 2001, the number of reservists mobilized for active duty has increased dramatically. Congress has expanded reservists' and their dependents' eligibility for TRICARE, the Department of Defense's (DOD) health insurance program. The National Defense Authorization Act (NDAA) for Fiscal Year 2004 directed GAO to examine the health insurance coverage of reservists and their dependents. This report (1) identifies the extent to which reservists have civilian health insurance, (2) examines DOD's efforts to educate reservists and their dependents about TRICARE, and (3) describes reservists' level of satisfaction with TRICARE and the types of problems reservists and their dependents experienced when using it. To do this, GAO relied on interviews with DOD and DOD's survey data. GAO also administered a survey of TRICARE benefit assistance coordinators."
Date: February 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Foreign Assistance: Actions Needed to Better Assess the Impact of Agencies' Marking and Publicizing Efforts (open access)

Foreign Assistance: Actions Needed to Better Assess the Impact of Agencies' Marking and Publicizing Efforts

A letter report issued by the Government Accountability Office with an abstract that begins "The negative perceptions of the United States associated with U.S. foreign policy initiatives have underscored the importance of the United States presenting a complete portrayal of the benefits that many in the world derive from U.S. foreign assistance efforts. Congress has expressed concerns that the United States has frequently understated or not publicized information about its foreign assistance programs. As requested, this report (1) describes the policies, regulations, and guidelines that agencies have established to mark and publicize foreign assistance; (2) describes how State, USAID, and other agencies mark and publicize foreign assistance; and (3) identifies key challenges that agencies face in marking and publicizing foreign assistance."
Date: March 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
2007 Tax Filing Season: Interim Results and Updates of Previous Assessments of Paid Preparers and IRS's Modernization and Compliance Research Efforts (open access)

2007 Tax Filing Season: Interim Results and Updates of Previous Assessments of Paid Preparers and IRS's Modernization and Compliance Research Efforts

Testimony issued by the Government Accountability Office with an abstract that begins "The Internal Revenue Service's (IRS) tax filing season performance is a key indicator of how well IRS serves taxpayers. This year's filing season was expected to be risky because of tax system changes, including the telephone excise tax refund (TETR) which can be requested by all individuals and entities that paid the excise tax. GAO was asked to describe IRS's service to taxpayers so far this filing season (including the impact of this year's tax systems changes). GAO was also asked to provide updates of previous assessments of the performance of paid tax preparers, IRS's efforts to modernize its information systems, and what IRS is doing to better measure taxpayer compliance. GAO compared IRS's filing season performance to prior years' and goals and based analyses of paid preparers, information systems, and compliance research efforts on recent reports."
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Customs Revenue: Customs and Border Protection Needs to Improve Workforce Planning and Accountability (open access)

Customs Revenue: Customs and Border Protection Needs to Improve Workforce Planning and Accountability

A letter report issued by the Government Accountability Office with an abstract that begins "In forming the Department of Homeland Security (DHS), there was concern that moving the U.S. Customs Service into the new DHS would diminish attention given to collection of customs revenue. In recognition of that concern, Congress required that DHS's Customs Border Protection (CBP) not reduce the staff or resources for customs revenue functions. In March 2003, CBP reported a baseline of 2,263 staff in nine customs revenue positions, and 1,006 staff in associated support positions. The SAFE Port Act required GAO to report on changes related to customs revenue functions since the formation of DHS. This report discusses staff resources, strategic workforce planning, and CBP's public reporting on customs revenue functions. GAO analyzed the number of customs revenue staff, legislatively required staffing levels, and strategic plans and annual performance reports."
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Defense Acquisitions: Status and Challenges of Joint Forces Command's Limited Acquisition Authority (open access)

Defense Acquisitions: Status and Challenges of Joint Forces Command's Limited Acquisition Authority

A letter report issued by the Government Accountability Office with an abstract that begins "Over 3 years ago, Congress granted limited acquisition authority (LAA)--subject to delegation by the Secretary of Defense--to U.S. Joint Forces Command (JFCOM) for a 3-year period to expedite development and acquisition of certain warfighter equipment. Congress directed GAO to report on JFCOM LAA implementation. GAO's report, issued in November 2005, said JFCOM finished five LAA projects and was working on a sixth project, and that JFCOM had experienced difficulty finding funding to develop, acquire, and sustain LAA projects. Last year, Congress extended LAA through September 2008 and again directed GAO to report on LAA. This report updates the status of JFCOM LAA efforts since the authority was enacted and key LAA challenges."
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Gulf Coast Rebuilding: Preliminary Observations on Progress to Date and Challenges for the Future (open access)

Gulf Coast Rebuilding: Preliminary Observations on Progress to Date and Challenges for the Future

Testimony issued by the Government Accountability Office with an abstract that begins "The size and scope of the devastation caused by the 2005 Gulf Coast hurricanes presents unprecedented rebuilding challenges. Today, more than a year and a half since the hurricanes made landfall, rebuilding efforts are at a critical turning point. The Gulf Coast must face the daunting challenge of rebuilding its communities and neighborhoods--some from the ground up. This testimony (1) places the federal assistance provided to date in the context of the resources likely needed to rebuild the Gulf Coast, (2) discusses key federal programs currently being used to provide rebuilding assistance, with an emphasis on the Department of Housing and Urban Development's (HUD) Community Development Block Grant (CDBG) program, (3) describes Louisiana's and Mississippi's approach to using CDBG funds, and (4) provides observations on planning activities in Louisiana and Mississippi and the federal government's role in coordinating rebuilding efforts. GAO visited the Gulf Coast region, reviewed state and local documents, and interviewed federal, state, and local officials."
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Hurricane Katrina: Agency Contracting Data Should Be More Complete Regarding Subcontracting Opportunities for Small Business (open access)

Hurricane Katrina: Agency Contracting Data Should Be More Complete Regarding Subcontracting Opportunities for Small Business

Testimony issued by the Government Accountability Office with an abstract that begins "In response to Hurricane Katrina, the Departments of Homeland Security (DHS) and Defense (DOD), the General Services Administration (GSA), and the U.S. Army Corps of Engineers (Corps) were responsible for over 90 percent of the federal funds awarded for relief efforts via contracting as of March 2007. GAO initiated work and completed a report under the Comptroller General's authority last month describing the extent to which small businesses participated in these contracting opportunities. This testimony, which summarizes information from that report, discusses (1) the amounts that small and local businesses received directly from contracts with DHS, GSA, DOD, and the Corps for relief and recovery efforts related to Hurricane Katrina and (2) the extent to which small businesses received subcontracts for relief and recovery efforts."
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Intellectual Property: National Enforcement Strategy Needs Stronger Leadership and More Accountability (open access)

Intellectual Property: National Enforcement Strategy Needs Stronger Leadership and More Accountability

Testimony issued by the Government Accountability Office with an abstract that begins "U.S. government efforts to protect and enforce intellectual property (IP) rights domestically and overseas are crucial to preventing billions of dollars in losses to U.S. industry and IP rights owners and to avoiding health and safety risks resulting from the trade in counterfeit and pirated goods. IP protection and enforcement cut across a wide range of U.S. agencies and a coordinating structure has evolved to address coordination issues. First, Congress created the interagency National Intellectual Property Rights Law Enforcement Coordination Council (NIPLECC) in 1999. Later, in October 2004, the Bush administration initiated the Strategy Targeting Organized Piracy (STOP). GAO's testimony focuses on (1) the effectiveness of NIPLECC and STOP as a coordinating structure to guide and manage U.S. government efforts; and (2) the extent to which STOP meets the criteria for an effective national strategy. This statement is based on GAO's November 2006 report (GAO-07-74), which included an assessment of STOP using criteria previously developed by GAO. In this report, we recommended that head of NIPLECC, called the IP Coordinator, in consultation with the National Security Council and relevant agencies (1) clarify in the STOP strategy how NIPLECC …
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Oil and Gas Royalties: Royalty Relief Will Cost the Government Billions of Dollars but Uncertainty Over Future Energy Prices and Production Levels Make Precise Estimates Impossible at this Time (open access)

Oil and Gas Royalties: Royalty Relief Will Cost the Government Billions of Dollars but Uncertainty Over Future Energy Prices and Production Levels Make Precise Estimates Impossible at this Time

Correspondence issued by the Government Accountability Office with an abstract that begins "Oil and gas from federal lands and waters is critical to meeting the nation's energy needs, providing about 35 percent of all oil and 25 percent of all the natural gas produced in the United States in fiscal year 2005. Oil and gas companies that lease federal lands and waters agree to pay the federal government royalties on the resources extracted and produced from these leases. In 1995--a time when oil and natural gas prices were significantly lower than they are today--Congress passed the Outer Continental Shelf Deep Water Royalty Relief Act of 1995 (DWRRA), which authorized the Department of the Interior's (Interior) Minerals Management Service (MMS) to provide "royalty relief" on oil and gas produced in the deep waters of the Gulf of Mexico from leases issued from 1996 through 2000. This "royalty relief" waived or reduced the amount of royalties that companies would otherwise be obligated to pay. In implementing the DWRRA for leases sold in 1996, 1997, and 2000, MMS specified that royalty relief would only be applicable if oil and gas prices were below certain levels, known as "price thresholds," thereby protecting the government's …
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Transportation Security: TSA Has Made Progress in Implementing the Transportation Worker Identification Credential Program, but Challenges Remain (open access)

Transportation Security: TSA Has Made Progress in Implementing the Transportation Worker Identification Credential Program, but Challenges Remain

Testimony issued by the Government Accountability Office with an abstract that begins "The Transportation Security Administration (TSA) is developing the Transportation Worker Identification Credential (TWIC) to ensure that only workers that do not pose a terrorist threat are allowed to enter secure areas of the nation's transportation facilities. This testimony is based primarily on GAO's December 2004 and September 2006 reports on the TWIC program and interviews with TSA and port officials conducted in March and April 2007 to obtain updates on the TWIC program. Specifically, this testimony addresses (1) the progress TSA has made since September 2006 in implementing the TWIC program; and (2) some of the remaining challenges that TSA and the maritime industry must overcome to ensure the successful implementation of the TWIC program."
Date: April 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Defense Health Care: Issues Related to Past Drinking Water Contamination at Marine Corps Base Camp Lejeune (open access)

Defense Health Care: Issues Related to Past Drinking Water Contamination at Marine Corps Base Camp Lejeune

Testimony issued by the Government Accountability Office with an abstract that begins "In the early 1980s, volatile organic compounds (VOC) were discovered in some of the water systems serving housing areas on Marine Corps Base Camp Lejeune. Exposure to certain VOCs may cause adverse health effects, including cancer. Since 1991, the Department of Health and Human Services' Agency for Toxic Substances and Disease Registry (ATSDR) has been examining whether individuals who were exposed to the contaminated drinking water are likely to have adverse health effects. ATSDR's current study is examining whether individuals who were exposed in utero are more likely to have developed certain childhood cancers or birth defects. GAO was asked to testify on its May 11, 2007 report: Defense Health Care: Activities Related to Past Drinking Water Contamination at Marine Corps Base Camp Lejeune (GAO-07-276). This testimony summarizes findings from the report about (1) efforts to identify and address the past drinking water contamination, (2) the provision of funding and information from the Department of Defense (DOD) to ATSDR, and (3) an assessment of the design of the current ATSDR study. GAO reviewed documents, interviewed officials and former residents, and contracted with the National Academy of Sciences to …
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Emergency Management: Most School Districts Have Developed Emergency Management Plans, but Would Benefit from Additional Federal Guidance (open access)

Emergency Management: Most School Districts Have Developed Emergency Management Plans, but Would Benefit from Additional Federal Guidance

A letter report issued by the Government Accountability Office with an abstract that begins "Congress has raised concerns over emergency management in school districts, with a particular interest in how federal agencies provide assistance to school districts. GAO was asked to assess (1) the roles of federal and state governments and school districts in establishing requirements and providing resources to school districts for emergency management planning, (2) what school districts have done to plan and prepare for emergencies, and (3) the challenges, if any, school districts have experienced in planning for emergencies, and communicating and coordinating with first responders, parents, and students. To obtain this information, GAO interviewed federal officials, surveyed a stratified random sample of all public school districts, surveyed state education agencies and state administering agencies, conducted site visits to school districts, and reviewed relevant documents."
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Human Capital: Bonuses to Senior Executives at the Department of Veterans Affairs (open access)

Human Capital: Bonuses to Senior Executives at the Department of Veterans Affairs

Testimony issued by the Government Accountability Office with an abstract that begins "Key practices of effective performance management for the Senior Executive Service (SES) include the linkage or "line of sight" between individual performance and organizational success, the importance of linking pay to individual and organizational performance, and the need to make meaningful distinctions in performance. GAO identified certain principles for executive pay plans that should be considered to attract and retain the quality and quantity of executive leadership necessary to address 21st century challenges, including that they be sensitive to hiring and retention trends; reflect knowledge, skills, and contributions; and be competitive. This testimony focuses on the Department of Veterans Affairs' (VA) process for awarding bonuses to SES members, the amount and percentage of bonuses awarded for fiscal years 2004 through 2006 based on data reported by VA, and the Office of Personnel Management's (OPM) and the Office of Management and Budget's (OMB) roles in certifying federal agencies SES performance appraisal systems. GAO analyzed VA's policies and procedures for awarding bonuses and data provided by VA on the amount and percentages of bonuses and interviewed knowledgeable VA officials. Information on OPM's and OMB's certification process was based on our …
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Human Capital: Greater Focus on Results in Telework Programs Needed (open access)

Human Capital: Greater Focus on Results in Telework Programs Needed

Testimony issued by the Government Accountability Office with an abstract that begins "Telework continues to receive attention within Congress and federal agencies as a human capital strategy that offers various flexibilities to both employers and employees, including the capacity to continue operations during emergency events, as well as benefits to society, such as decreased energy use and pollution. This statement highlights some of GAO's prior work on federal telework programs, including key practices for successful implementation of telework initiatives, identified in a 2003 GAO report and a 2005 GAO analysis of telework program definitions and methods in five federal agencies. In addition, the statement discusses GAO observations on the Telework Enhancement Act of 2007, S. 1000."
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
National Flood Insurance Program: Preliminary Views on FEMA's Ability to Ensure Accurate Payments on Hurricane-Damaged Properties (open access)

National Flood Insurance Program: Preliminary Views on FEMA's Ability to Ensure Accurate Payments on Hurricane-Damaged Properties

Testimony issued by the Government Accountability Office with an abstract that begins "Disputes between policyholders and property-casualty insurers over coverage from the 2005 hurricane season highlight challenges in determining the appropriateness of claims for multiple-peril events. In particular, events such as hurricanes that can cause both wind and flood damages raise questions about the adequacy of steps taken by the Federal Emergency Management Agency (FEMA) to ensure that claims paid by the National Flood Insurance Program (NFIP) covered only damages caused by flooding. As a result, the Subcommittees asked GAO to provide preliminary views on (1) the information available to and obtained by NFIP through its claims process in determining flood damages for properties that sustained both wind and flood damages, and (2) the information collected by FEMA as part of the NFIP claims reinspection process. GAO collected data from FEMA, reviewed reinspection reports, reviewed relevant policies and procedures, and interviewed agency officials and others knowledgeable about NFIP."
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Nuclear Waste: DOE Should Reassess Whether the Bulk Vitrification Demonstration Project at Its Hanford Site Is Still Needed to Treat Radioactive Waste (open access)

Nuclear Waste: DOE Should Reassess Whether the Bulk Vitrification Demonstration Project at Its Hanford Site Is Still Needed to Treat Radioactive Waste

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Energy (DOE) is demonstrating a technology called bulk vitrification, in parallel with the Hanford waste treatment plant, to treat a portion of the radioactive waste stored in 177 tanks at its Hanford site in southeastern Washington state. DOE faces technical and management problems that have affected the original objectives to justify demonstrating the bulk vitrification technology. This report discusses the extent to which DOE (1) has managed the bulk vitrification demonstration project consistent with DOE management guidance and (2) continues to need a supplemental technology, such as bulk vitrification, to treat a portion of the low-activity tank waste. To assess DOE's management of the project, GAO reviewed reports by DOE and others and discussed the project with DOE and contractor officials."
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Talking Books for the Blind (open access)

Talking Books for the Blind

Correspondence issued by the Government Accountability Office with an abstract that begins "The National Library Service for the Blind and Physically Handicapped (NLS), a part of the Library of Congress, operates a free national talking (audio) book program for qualified blind, visually impaired, or physically disabled residents of the United States and its territories, as well as qualified U.S. citizens residing abroad. NLS produces and distributes analog cassette players and talking books and periodicals recorded on audio cassettes to approximately 434,000 individual subscribers and 33,000 institutions through a network of 132 participating libraries and the U.S. Postal Service (USPS). In the 1990s, NLS recognized that analog audio cassette technology was becoming outdated and nearing the end of its useful life and initiated efforts to plan for a new, digitally based talking book system. NLS analyzed three alternatives for the system--CD, hard drive, and flash based media--and chose to award a contract for the development of a digital talking book system based on flash memory media. The development phase is now nearing completion, and NLS is planning to award the manufacturing contract for the digital talking book system in August 2007. Under U.S. copyright law, NLS is authorized to reproduce and …
Date: June 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
The BEACH Act of 2000: EPA and States Have Made Progress Implementing the Act, but Further Actions Could Increase Public Health Protection (open access)

The BEACH Act of 2000: EPA and States Have Made Progress Implementing the Act, but Further Actions Could Increase Public Health Protection

Testimony issued by the Government Accountability Office with an abstract that begins "Waterborne pathogens can contaminate water and sand at beaches and threaten human health. Under the Beaches Environmental Assessment and Coastal Health (BEACH) Act, the Environmental Protection Agency (EPA) provides grants to states to develop water quality monitoring and public notification programs. This statement summarizes the key findings of GAO's May 2007 report, Great Lakes: EPA and States Have Made Progress in Implementing the BEACH Act, but Additional Actions Could Improve Public Health Protection. In this report GAO assessed (1) the extent to which EPA has implemented the Act's provisions, (2) concerns about EPA's BEACH Act grant allocation formula, and (3) described the experiences of the Great Lakes states in developing and implementing beach monitoring and notification programs using their grant funds."
Date: July 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Child Welfare: HHS Actions Would Help States Prepare Youth in the Foster Care System for Independent Living (open access)

Child Welfare: HHS Actions Would Help States Prepare Youth in the Foster Care System for Independent Living

Testimony issued by the Government Accountability Office with an abstract that begins "Congress passed the Foster Care Independence Act of 1999 (FCIA), which doubled annual federal funds for independent living programs to $140 million. This testimony discusses (1) states' FCIA funding allocations, (2) services provided and remaining challenges, (3) state coordination of programs to deliver services, and (4) the states and the Department of Health and Human Services' (HHS) Administration for Children and Families' (ACF) progress toward meeting program accountability requirements. This testimony is primarily based on our 2004 report on FCIA (05-25), with updated information from our 2007 testimony on state child welfare challenges (07-850T). To conduct the 2004 work, we surveyed state independent living coordinators, conducted 4 state site visits, and reviewed states' plans and annual reports. Updated information from our 2007 testimony was taken primarily from a 2006 survey of state child welfare directors."
Date: July 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Critical Infrastructure: Sector Plans Complete and Sector Councils Evolving (open access)

Critical Infrastructure: Sector Plans Complete and Sector Councils Evolving

Testimony issued by the Government Accountability Office with an abstract that begins "As Hurricane Katrina so forcefully demonstrated, the nation's critical infrastructures--both physical and cyber--have been vulnerable to a wide variety of threats. Because about 85 percent of the nation's critical infrastructure is privately owned, it is vital that public and private stakeholders work together to protect these assets. The Department of Homeland Security (DHS) is responsible for coordinating a national protection strategy and has promoted the formation of government and private councils for the 17 infrastructure sectors as a collaborating tool. The councils, among other things, are to identify their most critical assets, assess the risks they face, and identify protective measures in sector-specific plans that comply with DHS's National Infrastructure Protection Plan (NIPP). This testimony is based primarily on GAO's July 2007 report on the sector-specific plans and the sector councils. Specifically, it addresses (1) the extent to which the sector-specific plans meet requirements, (2) the council members' views on the value of the plans and DHS's review process, and (3) the key success factors and challenges that the representatives encountered in establishing and maintaining their councils. In conducting the previous work, GAO reviewed 9 of the 17 …
Date: July 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Energy Derivatives: Preliminary Views on Energy Derivatives Trading and CFTC Oversight (open access)

Energy Derivatives: Preliminary Views on Energy Derivatives Trading and CFTC Oversight

Testimony issued by the Government Accountability Office with an abstract that begins "Energy prices for crude oil, heating oil, unleaded gasoline, and natural gas have risen substantially since 2002, generating questions about the reasons for the increase. Some observers believe that the higher energy prices were solely due to supply and demand fundamentals while others believe that increased futures trading activity may also have contributed to higher prices. This testimony highlights GAO's preliminary findings related to (1) trends and patterns in the futures and physical energy markets and the effect of these trends on energy prices and (2) the Commodity Futures Trading Commission's (CFTC) regulatory and enforcement authority over derivatives markets. GAO analyzed futures and large trader reporting data; trading data obtained from the New York Mercantile Exchange (NYMEX) for crude oil, heating oil, unleaded gasoline, and natural gas; and various other sources of energy-related data. GAO also analyzed relevant academic and other studies on the subject and interviewed market participants, experts, and officials at relevant federal agencies."
Date: July 12, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library