Testimony issued by the Government Accountability Office with an abstract that begins "This testimony discusses GAO's role to help ensure accountability and transparency for science funding in the American Recovery and Reinvestment Act of 2009 (Recovery Act). The purposes of the Recovery Act funds include preserving and creating jobs and promoting economic recovery; assisting those most impacted by the recession; investing in transportation, environmental protection, and other infrastructure to provide long-term economic benefits; and stabilizing state and local government budgets. The Recovery Act, estimated to cost $787 billion, includes more than $21 billion in spending at the Departments of Energy and Commerce, the National Science Foundation (NSF), and the National Aeronautics and Space Administration (NASA) for research and development (R&D) related activities that support fundamental research, demonstrate and deploy advanced energy technologies, purchase scientific instrumentation and equipment, and construct or modernize research facilities. This statement discusses (1) GAO's responsibilities under the Recovery Act related to science funding; (2) particular R&D funding areas that deserve special attention to ensure that funds are best used; and (3) GAO's plans for carrying out its responsibilities under the act."

Correspondence issued by the Government Accountability Office with an abstract that begins "The federal government's long-standing policy has been to use its buying power--the billions of dollars it spends through contracting each year--to maximize procurement opportunities for small businesses, including those owned by service-disabled veterans. Under the Veterans Benefits, Health Care, and Information Technology Act of 2006, the Department of Veterans Affairs (VA) is to give first and second priority to small businesses owned by service-disabled and other veterans, respectively, when it uses small business preferences to award its contracts, which totaled more than $14 billion in fiscal year 2008. The act also requires VA to establish contracting goals for service disabled veteran-owned small businesses (SDVOSB) and other veteran-owned small businesses (VOSB) and gives VA unique authorities to use contracting preferences for SDVOSBs and VOSBs to help it reach those goals. The act requires us to conduct a 3-year study on VA's efforts to meet its SDVOSB and VOSB contracting goals and to brief Congress annually, by January 31, 2008, 2009, and 2010. Accordingly, we briefed Congressional staffs on January 31, 2008, on steps that VA had taken to implement its new contracting authorities and verify the ownership of firms …

Testimony issued by the Government Accountability Office with an abstract that begins "Financial regulators have an important role in assessing risk management systems at financial institutions. Analyses have identified inadequate risk management at large, complex financial institutions as one of the causes of the current financial crisis. The failure of the institutions to appropriately identify, measure, and manage their risks has raised questions not only about corporate governance but also about the adequacy of regulatory oversight of risk management systems. GAO's objectives were to review (1) how regulators oversee risk management at these institutions, (2) the extent to which regulators identified shortcomings in risk management at certain institutions prior to the summer of 2007, and (3) how some aspects of the regulatory system may have contributed to or hindered the oversight of risk management. GAO built upon its existing body of work, evaluated the examination guidance used by examiners at U.S. banking and securities regulators, and reviewed examination reports and work papers from 2006-2008 for a selected sample of large institutions, and horizontal exams that included additional institutions. In January 2009, GAO designated the need to modernize the financial regulatory system as a high risk area needing congressional attention. Regulatory …

The National Museum of the Pacific War presents an oral interview with Leonard Lott. Initially exempted from the draft as a farmer, Lott was eventually drafted into the Army in October 1944. After basic training at Camp Fannin, he was assigned to the 6th Infantry Division in Manila. During the invasion at Lingayen Gulf, his unit suffered battle casualties and was plagued by dysentery. Armed with a rifle, Lott waited in foxholes for enemy advancement, at times manning a Thompson submachine gun and targeting snipers. Occasionally working alongside Filipino soldiers, Lott found them to be good fighters. While fighting in the mountains, Lott’s rations were airdropped and intercepted by the enemy. He soon contracted malaria and dengue fever, spending the remainder of the war in a hospital. He then served as a platoon sergeant in the Korean occupation, where his clothing and housing was inadequate for the cold weather. Lot was discharged into the reserves and retired as a warrant officer after 27 years of service.

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification;Local government policies that hinder enforcement of federal immigration laws (RQ-0733-GA).

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Reimbursement for the court reporter of the 506th District Court (RQ-0746-GA).

Testimony issued by the Government Accountability Office with an abstract that begins "This testimony discusses our work on the Troubled Asset Relief Program (TARP), under which the Department of the Treasury (Treasury) has the authority to purchase and insure up to $700 billion in troubled assets held by financial institutions through its Office of Financial Stability (OFS). As Congress may know, Treasury was granted this authority in response to the financial crisis that has threatened the stability of the U.S. banking system and the solvency of numerous financial institutions. The Emergency Economic Stabilization Act (the act) that authorized TARP on October 3, 2008, requires GAO to report at least every 60 days on findings resulting from our oversight of the actions taken under the program. We are also responsible for auditing OFS's annual financial statements and for producing special reports on any issues that emerge from our oversight. To carry out these oversight responsibilities, we have assembled interdisciplinary teams with a wide range of technical skills, including financial market and public policy analysts, accountants, lawyers, and economists who represent combined resources from across GAO. In addition, we are building on our in-house technical expertise with targeted new hires and experts. …