Aviation Finance: Observations on the Current FAA Funding Structure's Support for Aviation Activities, Issues Affecting Future Costs, and Proposed Funding Changes (open access)

Aviation Finance: Observations on the Current FAA Funding Structure's Support for Aviation Activities, Issues Affecting Future Costs, and Proposed Funding Changes

Testimony issued by the Government Accountability Office with an abstract that begins "The Federal Aviation Administration (FAA) operates one of the safest air transportation systems in the world, but this system is under growing strain as the demand for air travel increases. Recognizing the need to transform this system, Congress created the Joint Planning and Development Office (JPDO), housed within FAA, to plan and develop the Next Generation Air Transportation System (NextGen). The current authorization for FAA, the Airport and Airway Trust Fund (Trust Fund), and most of the excise taxes that support the Trust Fund will expire September 30, 2007. Several proposals, including two reauthorization bills--H.R. 2881 and S. 1300--identify various funding sources for FAA activities, including NextGen. Among these are current excise taxes, fees, and flight surcharges. Concerned about the need for stable, sustainable financing for the nation's multibillion-dollar transportation infrastructure investments, including NextGen, GAO has designated transportation financing as high risk. GAO's statement addresses (1) the extent to which the current funding structure can support FAA's activities, including NextGen, (2) issues that could affect the overall cost of NextGen, and (3) the implications of selected proposals to fund aviation activities. The statement is based on recent GAO …
Date: August 1, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Capitol Power Plant: Status of Utility Tunnel Projects (open access)

Capitol Power Plant: Status of Utility Tunnel Projects

Testimony issued by the Government Accountability Office with an abstract that begins "The Architect of the Capitol (AOC), through the Capitol Power Plant, operates five walkable utility tunnels containing steam and chilled water pipes associated with serving the heating and cooling requirements of the U.S. Capitol and over 20 surrounding facilities. In our work last fall, we addressed conditions in the tunnels and AOC's plans for addressing them. The Office of Compliance (OOC), which is responsible for advancing safety, health, and workplace rights in the legislative branch, and the tunnel workers had raised concerns about health and safety issues in the tunnels. As a result of these concerns, in January 2006, OOC issued citations for and asked AOC to address a potential asbestos hazard and heat stress conditions in the tunnels. In addition, in February 2006, OOC filed a complaint against AOC concerning hazards in the tunnels, including falling concrete, an inadequate communication system for these confined spaces, and inadequate escape exits (egresses). According to OOC officials, these conditions had been brought to AOC's attention by OOC inspectors as early as 1999, but AOC had not made sufficient progress in addressing them, and conditions in the tunnels had deteriorated further. …
Date: August 1, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
State Department: Staffing and Foreign Language Shortfalls Persist Despite Initiatives to Address Gaps (open access)

State Department: Staffing and Foreign Language Shortfalls Persist Despite Initiatives to Address Gaps

Testimony issued by the Government Accountability Office with an abstract that begins "GAO has reported in recent years on a number of human capital issues that have hampered the Department of State's (State) ability to carry out U.S. foreign policy priorities and objectives, particularly at posts central to the war on terror. In 2002, State implemented the Diplomatic Readiness Initiative (DRI) to address shortfalls in the number and skills of State employees. This testimony addresses State's progress in (1) addressing staffing shortfalls since the implementation of DRI and (2) filling gaps in the language proficiency of Foreign Service officers and other staff. To accomplish these objectives, GAO analyzed staffing and language data and met with State officials."
Date: August 1, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
United Nations Organizations: Enhanced Efforts Needed to Increase U.S. Employment at UN Agencies (open access)

United Nations Organizations: Enhanced Efforts Needed to Increase U.S. Employment at UN Agencies

Testimony issued by the Government Accountability Office with an abstract that begins "This testimony discusses ways to improve the representation of American professionals at United Nations (UN) organizations. The U.S. Congress continues to be concerned about the underrepresentation of American professionals employed by some UN organizations and that insufficient progress has been made to improve U.S. representation. The equitable representation of Americans at UN organizations is a priority to Congress in part because the United States is the largest financial contributor to most of these organizations. Moreover, according to the U.S. Department of State (State), Americans bring desirable skills, values, and experience that can have a significant impact on UN organizations' operational effectiveness. This testimony is based on a report that we issued on September 6, 2006. This testimoney will discuss (1) U.S. representation status and employment trends at five UN organizations, (2) factors affecting these organizations' ability to meet U.S. representation targets, and (3) State's efforts to improve U.S. representation and additional efforts that can be taken."
Date: August 1, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
DOD is Making Progress in Adopting Best Practices for the Transformational Satellite Communications System and Space Radar but Still Faces Challenges (open access)

DOD is Making Progress in Adopting Best Practices for the Transformational Satellite Communications System and Space Radar but Still Faces Challenges

Correspondence issued by the Government Accountability Office with an abstract that begins "The Department of Defense (DOD) is working to achieve information superiority over adversaries and share information seamlessly among disparate weapons systems. Two programs envisioned as a part of this effort are Transformational Satellite Communications System (TSAT) and Space Radar. TSAT is designed to provide rapid worldwide secure communications with air and space systems--including Space Radar--through radio frequency and laser communications links. Space Radar is expected to provide global all-weather intelligence, surveillance, and reconnaissance, particularly in denied areas, for military, national intelligence, and civil users. Both TSAT and Space Radar will require major software development efforts and employ a significant number of experienced staff. TSAT and Space Radar development efforts are expected to be among the most costly space systems ever developed by DOD. In 2004, TSAT was estimated to have a total life cycle cost of about $16 billion, of which $2.0 billion will have been spent at the end of fiscal year 2007. Space Radar is estimated to have a total life cycle cost from $20 billion to $25 billion, and the program has spent about approximately $464.5 million. TSAT expects to begin product development in fiscal …
Date: August 2, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Gulf Coast Rebuilding: Observations on Federal Financial Implications (open access)

Gulf Coast Rebuilding: Observations on Federal Financial Implications

Testimony issued by the Government Accountability Office with an abstract that begins "The devastation caused by the Gulf Coast hurricanes presents the nation with unprecedented challenges as well as opportunities to reexamine shared responsibility among all levels of government. All levels of government, together with the private and nonprofit sectors, will need to play a critical role in the process of choosing what, where, and how to rebuild. Agreeing on what the costs are, what federal funds have been provided, and who will bear the costs will be key to the overall rebuilding effort. This testimony (1) places federal assistance provided to date in the context of damage estimates for the Gulf Coast, and (2) discusses key federal programs that provide rebuilding assistance to the Gulf Coast states. In doing so, GAO highlights aspects of rebuilding likely to place continued demands on federal resources. GAO visited the Gulf Coast region, reviewed state and local documents, and interviewed federal, state, and local officials. GAO's ongoing work on these issues focuses on the use of federal rebuilding funds and administration of federal programs in the Gulf Coast region."
Date: August 2, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Vehicle Fuel Economy: Reforming Fuel Economy Standards Could Help Reduce Oil Consumption by Cars and Light Trucks, and Other Options Could Complement These Standards (open access)

Vehicle Fuel Economy: Reforming Fuel Economy Standards Could Help Reduce Oil Consumption by Cars and Light Trucks, and Other Options Could Complement These Standards

A letter report issued by the Government Accountability Office with an abstract that begins "Concerns over national security, environmental stresses, and high fuel prices have raised interest in reducing oil consumption. Through the Corporate Average Fuel Economy (CAFE) program, the National Highway Traffic Safety Administration (NHTSA) requires cars and light trucks to meet certain fuel economy standards. As requested, GAO discusses (1) how CAFE standards are designed to reduce fuel consumption, (2) strengths and weaknesses of the CAFE program and NHTSA's capabilities, and (3) market-based policies that could complement or replace CAFE. To do this work, GAO reviewed recent studies and interviewed leading experts and agency officials."
Date: August 2, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Yucca Mountain: DOE Has Improved Its Quality Assurance Program, but Whether Its Application for a NRC License Will Be High Quality Is Unclear (open access)

Yucca Mountain: DOE Has Improved Its Quality Assurance Program, but Whether Its Application for a NRC License Will Be High Quality Is Unclear

A letter report issued by the Government Accountability Office with an abstract that begins "Nuclear power reactors generate highly radioactive waste. To permanently store this waste, the Department of Energy (DOE) has been working to submit a license application to the Nuclear Regulatory Commission (NRC) for a nuclear waste repository at Yucca Mountain about 100 miles from Las Vegas, Nevada. Although the project has been beset with delays, in part because of persistent problems with its quality assurance program, DOE stated in July 2006 that it will submit a license application with NRC by June 30, 2008. NRC states that a high-quality application needs to be complete, technically adequate, transparent by clearly justifying underlying assumptions, and traceable back to original source materials. GAO examined (1) DOE's development of its schedule for submitting a license application and the stakeholders with whom it consulted, (2) NRC's assessment of DOE's readiness to submit a high-quality application, and (3) DOE's progress in addressing quality assurance recommendations and challenges identified in GAO's March 2006 report. GAO reviewed DOE's management plan for creating the license application, reviewed correspondence and attended prelicensing meetings between DOE and NRC, and interviewed DOE managers and NRC on-site representatives for the …
Date: August 2, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Elections: Status of GAO's Review of Voting Equipment Used in Florida's 13th Congressional District (open access)

Elections: Status of GAO's Review of Voting Equipment Used in Florida's 13th Congressional District

Testimony issued by the Government Accountability Office with an abstract that begins "In November 2006, about 18,000 undervotes were reported in Sarasota County in the race for Florida's 13th Congressional District. Following the contesting of the election results in the House of Representatives, the Task Force met and unanimously voted to seek GAO's assistance in determining whether the voting systems contributed to the large undervote in Sarasota County. On June 14, 2007, we met with the Task Force and agreed upon an engagement plan, which included the following review objectives: (1) What voting systems and equipment were used in Sarasota County and what processes governed their use? (2) What was the scope of the undervote in Sarasota County in the general election? (3) To what extent were tests conducted on the voting systems in Sarasota County prior to the general election and what were the results of those tests? and (4) Considering the tests that were conducted on the voting systems from Sarasota County after the general election, are additional tests needed to determine whether the voting systems contributed to the undervote? In our meetings with Sarasota County, we learned the entire process of configuring the election, running the election, …
Date: August 3, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Financial Management: Long-standing Financial Systems Weaknesses Present a Formidable Challenge (open access)

Financial Management: Long-standing Financial Systems Weaknesses Present a Formidable Challenge

A letter report issued by the Government Accountability Office with an abstract that begins "The Federal Financial Management Improvement Act of 1996 (FFMIA) requires the 24 Chief Financial Officers (CFO) Act agencies to implement and maintain financial management systems that comply substantially with (1) federal financial management systems requirements, (2) federal accounting standards, and (3) the U.S. Government Standard General Ledger (SGL). FFMIA also requires GAO to report annually on the implementation of the act. This report, primarily based on GAO and inspectors general reports, discusses (1) the problems that continued to affect agencies systems' FFMIA compliance in fiscal year 2006 and (2) the initiatives under way to help move federal financial management toward FFMIA compliance."
Date: August 3, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Highlights of a Forum: Modernizing Federal Disability Policy (open access)

Highlights of a Forum: Modernizing Federal Disability Policy

Other written product issued by the Government Accountability Office with an abstract that begins "Economic, medical, technological, and social changes have increased opportunities for persons with disabilities to live with greater independence and more fully participate in the workforce. In addition, social and legal changes have promoted the goal of greater inclusion of persons with disabilities in the mainstream of society. However, GAO's reviews of the largest federal disability programs indicate that such programs have not evolved in line with these larger societal changes and, therefore, are poorly positioned to provide meaningful and timely support for persons with disabilities. Furthermore, program enrollment and costs for the largest federal disability programs have been growing and are poised to grow even more rapidly in the future. For these reasons, GAO added modernizing federal disability to its high-risk areas in January 2003. GAO convened this forum to address some of the key issues related to modernizing federal disability policy. The forum brought together a diverse array of experts, including employers; advocate groups, researchers, and academia; and federal officials. Comments expressed do not necessarily represent the views of any individual participant or the organizations they represent, including GAO. However, GAO does make some concluding …
Date: August 3, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Military Training: Actions Needed to More Fully Develop the Army's Strategy for Training Modular Brigades and Address Implementation Challenges (open access)

Military Training: Actions Needed to More Fully Develop the Army's Strategy for Training Modular Brigades and Address Implementation Challenges

A letter report issued by the Government Accountability Office with an abstract that begins "The Army considers modular force transformation its most extensive restructuring since World War II. The Army has estimated that restructuring units from a division-based force to a more agile and responsive modular brigade-based force will require a significant investment through fiscal year 2011. To facilitate this transformation, Public Law No. 109-163 Section 353 directs the Army to develop and implement a training strategy for the modular brigades. This law also directs GAO to report on the implementation of the strategy. This report discusses (1) the extent to which the Army's training strategy addresses the five elements specified in the public law and (2) the actions the Army has taken to implement its training strategy and the implementation challenges it faces. To address these objectives, GAO reviewed Army training strategy documentation and interviewed Army training personnel."
Date: August 6, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Railroad Bridges and Tunnels: Federal Role in Providing Safety Oversight and Freight Infrastructure Investment Could Be Better Targeted (open access)

Railroad Bridges and Tunnels: Federal Role in Providing Safety Oversight and Freight Infrastructure Investment Could Be Better Targeted

A letter report issued by the Government Accountability Office with an abstract that begins "Freight railroads account for over 40 percent (by weight) of the nation's freight on a privately owned network that was largely built almost 100 years ago and includes over 76,000 railroad bridges and over 800 tunnels. As requested, GAO provides information on this infrastructure, addressing (1) the information that is available on the condition of railroad bridges and tunnels and on their contribution to railroad congestion, (2) the federal role in overseeing railroad bridge and tunnel safety, (3) the current uses of public funds for railroad infrastructure investments, and (4) criteria and a framework for guiding any future federal role in freight infrastructure investments. GAO reviewed federal bridge safety guidelines and reports, conducted site visits, and interviewed federal, state, railroad, and other officials."
Date: August 6, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Climate Change: Agencies Should Develop Guidance for Addressing the Effects on Federal Land and Water Resources (open access)

Climate Change: Agencies Should Develop Guidance for Addressing the Effects on Federal Land and Water Resources

A letter report issued by the Government Accountability Office with an abstract that begins "Climate change has implications for the vast land and water resources managed by the Bureau of Land Management (BLM), Forest Service (FS), U.S. Fish and Wildlife Service (FWS), National Oceanic and Atmospheric Administration (NOAA), and National Park Service (NPS). These resources generally occur within four ecosystem types: coasts and oceans, forests, fresh waters, and grasslands and shrublands. GAO obtained experts' views on (1) the effects of climate change on federal resources and (2) the challenges managers face in addressing climate change effects on these resources. GAO held a workshop with the National Academies in which 54 scientists, economists, and federal resource managers participated, and conducted 4 case studies."
Date: August 7, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
NASA: Progress Made on Strategic Human Capital Management, but Future Program Challenges Remain (open access)

NASA: Progress Made on Strategic Human Capital Management, but Future Program Challenges Remain

A letter report issued by the Government Accountability Office with an abstract that begins "The National Aeronautics and Space Administration (NASA) is engaged in efforts to replace the Space Shuttle with the next generation of human space flight systems and implement the President's space exploration policy. To do this, NASA must recruit, develop, and retain certain critical skills in its workforce, guided by its strategic human capital management plan. GAO was asked to examine the extent to which NASA (1) has aligned its human capital planning framework with its strategic mission and programmatic goals and (2) is recruiting, developing, and retaining critically skilled personnel, given future workforce needs. To address these objectives, GAO reviewed NASA's policies, planning, and implementation documents; reviewed budget documents and performance and accountability reports; and interviewed cognizant agency officials. To assess NASA's efforts to recruit, develop, and retain critically skilled personnel, we analyzed demographics data, and critical skills information; NASA's policy, procedures and guidance for recruiting and hiring; and implementation of information systems programs, and processes that support human capital management and planning. We are not making any recommendations in this report."
Date: August 8, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Advance Earned Income Tax Credit: Low Use and Small Dollars Paid Impede IRS's Efforts to Reduce High Noncompliance (open access)

Advance Earned Income Tax Credit: Low Use and Small Dollars Paid Impede IRS's Efforts to Reduce High Noncompliance

A letter report issued by the Government Accountability Office with an abstract that begins "The Advance Earned Income Tax Credit (AEITC) allows individuals to receive a portion of the Earned Income Tax Credit (EITC) in their paychecks, instead of receiving all of it when filing their year-end tax return. Limited research has been conducted on the AEITC since GAO last examined it in the early 1990s. GAO was asked to determine (1) how many individuals received the AEITC compared with the EITC in tax years 2002 through 2004, what actions, if any, have been taken to increase use, and the potential for increases in use in the future; (2) the extent of noncompliance, if any, associated with the AEITC; and (3) how well the Internal Revenue Service's (IRS) procedures address the areas of noncompliance. To address these questions, GAO analyzed Forms W-2 and tax return data and interviewed IRS and Social Security Administration (SSA) officials."
Date: August 10, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Federal Law Enforcement: Survey of Federal Civilian Law Enforcement Mandatory Basic Training (open access)

Federal Law Enforcement: Survey of Federal Civilian Law Enforcement Mandatory Basic Training

A letter report issued by the Government Accountability Office with an abstract that begins "Federal law enforcement officers (LEO) are required to complete mandatory basic training in order to exercise their law enforcement authorities. GAO was asked to identify federal mandatory law enforcement basic training programs. This report builds on GAO's prior work surveying federal civilian law enforcement components regarding their functions and authorities (see GAO-07-121, December 2006). GAO defined an LEO as an individual authorized to perform any of four functions: conduct criminal investigations, execute search warrants, make arrests, or carry firearms. In this report GAO describes (1) the mandatory basic law enforcement training that the components reported requiring their LEOs to complete and the federal law enforcement job series classifications for which basic training programs are mandatory; and (2) a breakdown of the delivery of the of basic training programs, by type of organization providing the training and location. To conduct this work, GAO administered a Web-based survey to 105 federal civilian law enforcement components. Each was requested to self-report on, required basic training programs for LEOs, the organizations conducting the training, training locations, and the job series for which programs are mandatory. GAO is not making recommendations."
Date: August 10, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Homeland Security: Responses to Posthearing Questions Related to the Department of Homeland Security's Integrated Financial Management Systems Challenges (open access)

Homeland Security: Responses to Posthearing Questions Related to the Department of Homeland Security's Integrated Financial Management Systems Challenges

Correspondence issued by the Government Accountability Office with an abstract that begins "On June 28, 2007, GAO testified before the Senate Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, Committee on Homeland Security and Governmental Affairs, at a hearing entitled, "Financial Management Systems Modernization at the Department of Homeland Security: Are Missed Opportunities Costing Us Money?" At the hearing, we discussed the Department of Homeland Security's (DHS) failed efforts to implement the Electronically Managing Enterprise Resources for Government Effectiveness and Efficiency (eMerge2) program that was expected to integrate financial management systems across the entire department. Our testimony and related report focused on (1) DHS's financial management systems modernization efforts, (2) key financial management system transformation challenges, and (3) the four building blocks that form the foundation for successful financial management system implementation efforts. This letter responds to Congress's July 10, 2007, request for responses to follow-up questions relating to our June 28, 2007, testimony. The responses are based on work associated with previously issued GAO products."
Date: August 10, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Social Security: Costs Associated with the Administration's Efforts to Promote Program Reforms (open access)

Social Security: Costs Associated with the Administration's Efforts to Promote Program Reforms

Correspondence issued by the Government Accountability Office with an abstract that begins "Congress requested that GAO identify the official Social Security reform public speaking events and other promotion initiatives involving administration officials, and their costs to the federal government, since January 2005. As you know, the Social Security Board of Trustees is projecting in its 2007 report that as early as 2017 Social Security benefit payments will exceed tax revenues. After that time, the gap between costs and tax revenues grows continuously, and unless action is taken to close this gap, it is currently estimated that the Social Security trust funds will be depleted by 2041. In his 2005 State of the Union Address, the President emphasized the need to reform Social Security, and he announced his intention to work with the Congress to achieve reforms. On March 2, 2005, the Secretary of the Treasury announced the "60 Stops in 60 Days" tour in which the President and other administration officials would speak to the public about the need for reform in a series of town hall meetings across the country in an attempt to gain popular support for program reforms. Congress asked us to include events such as those …
Date: August 10, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Influenza Pandemic: Further Efforts Are Needed to Ensure Clearer Federal Leadership Roles and an Effective National Strategy (open access)

Influenza Pandemic: Further Efforts Are Needed to Ensure Clearer Federal Leadership Roles and an Effective National Strategy

A letter report issued by the Government Accountability Office with an abstract that begins "An influenza pandemic is a real and significant potential threat facing the United States and the world. Pandemics occur when a novel virus emerges that can easily be transmitted among humans who have little immunity. In 2005, the Homeland Security Council (HSC) issued a National Strategy for Pandemic Influenza and, in 2006, an Implementation Plan. Congress and others are concerned about the federal government's preparedness to lead a response to an influenza pandemic. This report assesses how clearly federal leadership roles and responsibilities are defined and the extent to which the Strategy and Plan address six characteristics of an effective national strategy. To do this, GAO analyzed key emergency and pandemic-specific plans, interviewed agency officials, and compared the Strategy and Plan with the six characteristics GAO identified."
Date: August 14, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Securities and Exchange Commission: Steps Being Taken to Make Examination Program More Risk-Based and Transparent (open access)

Securities and Exchange Commission: Steps Being Taken to Make Examination Program More Risk-Based and Transparent

A letter report issued by the Government Accountability Office with an abstract that begins "After widespread unlawful trading practices surfaced in the mutual fund industry in late 2003, the Securities and Exchange Commission (SEC), through its Office of Compliance Inspections and Examinations (OCIE), took steps intended to revise its examination process to better identify and focus its resources on those activities representing the highest risk to investors. More recently, some registrants raised concerns about the lack of communication from SEC examiners about the status of and results of examinations. This report (1) describes OCIE's revisions after 2003 to the examination approach for investment companies and investment advisers; (2) discusses OCIE's compliance with its examination exit procedures; and (3) describes reforms OCIE implemented since January 2006 to enhance, among other things, communication with registrants. To address these objectives, GAO analyzed OCIE examination data; planning documents and guidance; interviewed OCIE officials; and gathered views of registrants."
Date: August 14, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Freight Railroads: Updated Information on Rates and Other Industry Trends (open access)

Freight Railroads: Updated Information on Rates and Other Industry Trends

Correspondence issued by the Government Accountability Office with an abstract that begins "Over 25 years ago, Congress transformed federal freight rail transportation policy. At that time, after almost 100 years of economic regulation, the railroad industry was in serious economic decline, with rising costs, losses, and bankruptcies. In response, Congress passed the Railroad Revitalization and Regulatory Reform Act of 1976 and the Staggers Rail Act of 1980. Together, these pieces of legislation substantially deregulated the railroad industry. In particular, the 1980 act encouraged greater reliance on competition to set rates and gave railroads increased freedom to price their services according to market conditions, including the freedom to use differential pricing--that is, to recover a greater proportion of their costs from rates charged to those shippers with a greater dependency on rail transportation. At the same time, the 1980 act anticipated that some shippers--commonly referred to as "captive shippers"--might not have competitive alternatives and gave the Interstate Commerce Commission (ICC), and later the Surface Transportation Board (STB), the authority to establish a process through which shippers could obtain relief from unreasonably high rates. This process establishes a threshold for rate relief, allowing a rate to be challenged if it produces revenue …
Date: August 15, 2007
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Legal Services Corporation: Governance and Accountability Practices Need to Be Modernized and Strengthened (open access)

Legal Services Corporation: Governance and Accountability Practices Need to Be Modernized and Strengthened

A letter report issued by the Government Accountability Office with an abstract that begins "The Legal Services Corporation (LSC) was federally created as a private nonprofit corporation to support legal assistance for low-income people to resolve their civil matters and relies heavily on federal appropriations. Due to its unique status, its governance and accountability requirements differ from those of federal entities and nonprofits. This report responds to a congressional request that GAO review LSC board oversight of LSC's operations and whether LSC has sufficient governance and accountability. GAO's report objectives are to (1) compare LSC's framework for corporate governance and accountability to others', (2) evaluate LSC's governance practices, and (3) evaluate LSC's internal control and financial reporting practices. We reviewed the LSC Act, legislative history, relevant standards and requirements, and LSC documentation and accountability requirements and interviewed board and staff."
Date: August 15, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Securities and Exchange Commission: Additional Actions Needed to Ensure Planned Improvements Address Limitations in Enforcement Division Operations (open access)

Securities and Exchange Commission: Additional Actions Needed to Ensure Planned Improvements Address Limitations in Enforcement Division Operations

A letter report issued by the Government Accountability Office with an abstract that begins "The Securities and Exchange Commission's (SEC) ability to conduct investigations and bring enforcement actions for violations of securities laws is critical to its mission to protect investors and maintain fair and orderly markets. SEC's Division of Enforcement (Enforcement) is charged with investigating securities law violations; recommending civil enforcement actions when appropriate, either in a federal court or before an administrative law judge; and negotiating settlements on behalf of the Commission. The types of sanctions that Enforcement can seek on behalf of the Commission include monetary penalties or fines and disgorgements of the profits that individuals or companies may derive by having committed securities violations. While SEC has only civil authority, it also works with various law enforcement agencies, including the United States Department of Justice (Justice), to bring criminal cases when appropriate. In addition, Enforcement is responsible for overseeing the Fair Fund program, which seeks to compensate investors who suffer losses resulting from fraud or other securities violations by individuals and companies. Under the Fair Fund program, SEC can combine the proceeds of monetary penalties and disgorgements into a single fund and then distribute the proceeds …
Date: August 15, 2007
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library