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Dodd-Frank Act: Agencies' Efforts to Analyze and Coordinate Their Rules (open access)

Dodd-Frank Act: Agencies' Efforts to Analyze and Coordinate Their Rules

A letter report issued by the Government Accountability Office with an abstract that begins "Federal agencies conducted the regulatory analyses required by various federal statutes for all 54 regulations issued pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) that GAO reviewed. As part of their analyses, the agencies generally considered, but typically did not quantify or monetize, the benefits and costs of these rules. Most of the federal financial regulators, as independent regulatory agencies, are not subject to executive orders that require comprehensive benefit-cost analysis in accordance with guidance issued by the Office of Management and Budget (OMB). Although most financial regulators are not required to follow OMB's guidance, they told GAO that they attempt to follow it in principle or spirit. GAO's review of selected rules found that regulators did not consistently follow key elements of the OMB guidance in their regulatory analyses. For example, while some regulators identified the benefits and costs of their chosen regulatory approach in proposed rules, they did not evaluate their chosen approach compared to the benefits and costs of alternative approaches. GAO previously recommended that regulators more fully incorporate the OMB guidance into their rulemaking policies, and the …
Date: December 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Troubled Asset Relief Program: The Government's Exposure to AIG Following the Company's Recapitalization (open access)

Troubled Asset Relief Program: The Government's Exposure to AIG Following the Company's Recapitalization

A letter report issued by the Government Accountability Office with an abstract that begins "Assistance provided by the Department of the Treasury (Treasury) under the Troubled Asset Relief Program (TARP), and the Board of Governors of the Federal Reserve System (Federal Reserve) to American International Group, Inc. (AIG) represented one of the federal government's largest investments in a private sector institution. AIG is a holding company that, through its subsidiaries, engages in a broad range of insurance and insurance-related activities in the United States and abroad. As part of GAO's statutory oversight of TARP, this report updates a set of indicators GAO last reported in January 2011. Specifically, GAO discusses (1) trends in the financial condition of AIG and its insurance companies, (2) the status of the government's exposure to AIG, and (3) trends in the unwinding of AIG Financial Products (AIGFP). To update the indicators, GAO primarily used available public filings as of March 31, 2011, and more current publicly available information; reviewed rating agencies' reports; and identified critical activities and discussed them with officials from Treasury, the Federal Reserve, and AIG. Treasury, the Federal Reserve, and AIG provided technical comments that GAO incorporated, as appropriate."
Date: July 18, 2011
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Foreign Affairs Management: State Department Has Strengthened Foreign Service Promotion Process Internal Controls, but Documentation Gaps Remain (open access)

Foreign Affairs Management: State Department Has Strengthened Foreign Service Promotion Process Internal Controls, but Documentation Gaps Remain

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of State's (State) Foreign Service promotion process includes convening several types of boards to evaluate candidates for promotion and identify other candidates for possible separation from the Service. State has a separate process to address related grievances. Selection boards review all candidates and sort them into one of three categories: promotable, mid-ranked, and low-ranked. The selection boards produce rank-ordered lists of those candidates recommended for promotion, and a "cut line" is subsequently determined based on the number of available promotion slots. Before announcing promotions, State vets all recommended candidates to determine whether there are outstanding issues, such as a pending investigation, that can lead to their removal from the promotion list. Subsequently, State convenes performance standards boards to assess low-ranked candidates for possible separation from the Service. There are several mechanisms to address grievances relating to the promotion process. For example, State may initiate reconstituted boards to reassess candidates if a board failed to follow the procedures or if the underlying performance information contained omissions or inaccuracies. Employees not satisfied with grievance outcomes can file an appeal with the Foreign Service Grievance Board."
Date: July 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Critical Infrastructure: Assessment of the Department of Homeland Security's Report on the Results of Its Critical Infrastructure Partnership Streamlining Efforts (open access)

Critical Infrastructure: Assessment of the Department of Homeland Security's Report on the Results of Its Critical Infrastructure Partnership Streamlining Efforts

Correspondence issued by the Government Accountability Office with an abstract that begins "The Department of Homeland Security's (DHS) National Protection and Programs Directorate (NPPD) was directed by the Senate and House Committees on Appropriations to provide a report on the results of a review to streamline the processes for coordinating and sharing information with its critical infrastructure (CI) protection partners. GAO was unable to assess the extent to which NPPD's streamlining efforts were designed to ensure progress in four areas--mission clarity, useful and actionable work products, efficacy of planning and information sharing, and cost savings--because DHS's response does not discuss NPPD efforts to streamline those processes. Specifically, GAO's analysis of DHS's response showed that DHS provided information on NPPD efforts to coordinate and share information with its public and private partners (e.g., CI owners and operators) and the results of some of those efforts but did not provide information about any NPPD efforts to streamline the processes for coordination and information sharing. For example, DHS's response includes a section on coordinating and executing plans--one of the five topic areas that NPPD was required to include in its report--that describes who NPPD's partners are and ways that NPPD coordinates and executes …
Date: November 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Securities and Exchange Commission: Improving Personnel Management Is Critical for Agency's Effectiveness (open access)

Securities and Exchange Commission: Improving Personnel Management Is Critical for Agency's Effectiveness

A letter report issued by the Government Accountability Office with an abstract that begins "Based on analysis of views from Securities and Exchange Commission (SEC) employees and previous studies from GAO, SEC, and third parties, GAO determined that SEC’s organizational culture is not constructive and could hinder its ability to effectively fulfill its mission. Organizations with constructive cultures are more effective and employees also exhibit a stronger commitment to mission focus. In describing SEC’s culture, many current and former SEC employees cited low morale, distrust of management, and the compartmentalized, hierarchical, and risk-averse nature of the organization. According to an Office of Personnel Management (OPM) survey of federal employees, SEC currently ranks 19th"
Date: July 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Federal Data Transparency: Opportunities Remain to Incorporate Recovery Act Lessons Learned (open access)

Federal Data Transparency: Opportunities Remain to Incorporate Recovery Act Lessons Learned

Testimony issued by the Government Accountability Office with an abstract that begins "Several federal entities, including the Government Accountability and Transparency Board (GAT Board), the Recovery Accountability and Transparency Board (Recovery Board), and the Office of Management and Budget (OMB), have initiatives under way to improve the accuracy and availability of federal spending data. The GAT Board, through its working groups, developed approaches to standardize key data elements to improve data integrity; link financial management systems with award systems to reconcile spending data with obligations; and leverage existing data to help identify and reduce fraud, waste, and abuse. With no dedicated funding, GAT Board plans are incremental and leverage ongoing agency initiatives and resources designed to improve existing business processes as well as improve data transparency. These initiatives are in an early stage, and some progress has been made to bring greater consistency to contract and grant award identifiers. The GAT Board's mandate is to provide strategic direction, not to implement changes. Further, while these early plans are being developed with input from a range of federal stakeholders, the GAT Board and OMB have not developed mechanisms for obtaining input from non-federal fund recipients."
Date: September 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Real Estate Appraisals: Appraisal Subcommittee Needs to Improve Monitoring Procedures (open access)

Real Estate Appraisals: Appraisal Subcommittee Needs to Improve Monitoring Procedures

A letter report issued by the Government Accountability Office with an abstract that begins "The Appraisal Subcommittee (ASC) has been performing its monitoring role under Title XI, but several weaknesses have potentially limited its effectiveness. For example, Title XI did not originally provide ASC rulemaking and enforcement tools that could be useful in promoting state compliance. In addition, ASC has not reported or clearly defined the criteria it uses to assess states’ overall compliance levels. Title XI charges ASC with monitoring the appraisal requirements of the federal financial institutions regulators, but ASC has not defined the scope of this function—for example, by developing policies and procedures—and its monitoring activities have been limited. ASC also lacks specific policies for determining whether activities of the Appraisal Foundation (a private nonprofit organization that sets criteria for appraisals and appraisers) that are funded by ASC grants are Title XI-related. Not having appropriate policies and procedures is inconsistent with federal internal control standards designed to promote effectiveness and efficiency and limits the accountability and transparency of ASC’s activities."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Ryan White CARE Act: Estimated Effect of Continued Application of the Fiscal Year 2010 Stop-Loss Provision on 2011 Funding for Urban Areas (open access)

Ryan White CARE Act: Estimated Effect of Continued Application of the Fiscal Year 2010 Stop-Loss Provision on 2011 Funding for Urban Areas

Correspondence issued by the Government Accountability Office with an abstract that begins "Congress asked us to estimate the effect on Ryan White Comprehensive AIDS Resources Emergency Act of 1990 (CARE Act) funding to urban areas if the stop-loss provision applicable in fiscal year 2010 was applied to funding for 2011 under a continuing resolution. The CARE Act, administered by the Department of Health and Human Services' (HHS) Health Resources and Services Administration (HRSA), was enacted to address the needs of jurisdictions, health care providers, and people with human immunodeficiency virus/acquired immunodeficiency syndrome (HIV/AIDS). In October 2009, the Ryan White HIV/AIDS Treatment Extension Act of 2009 (RWTEA) reauthorized CARE Act programs for fiscal years 2010 through 2013. Under the CARE Act, funding for urban areas--eligible metropolitan areas (EMA) and transitional grant areas (TGA)--is primarily provided through three categories of grants: (1) formula grants that are awarded based on the case counts of people with HIV/AIDS in an urban area; (2) supplemental grants that are awarded on a competitive basis based on an urban area's demonstration of need, including criteria such as HIV/AIDS prevalence; and (3) Minority AIDS Initiative (MAI) grants, which are awarded for urban areas to address disparities in access, …
Date: February 18, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Oversight of DOJ Funds for Recreational Activities (open access)

Oversight of DOJ Funds for Recreational Activities

Correspondence issued by the Government Accountability Office with an abstract that begins "The Department of Justice (DOJ) awards an array of law enforcement and criminal justice grants to states, localities, and private and not-for-profit organizations to help prevent crime in their communities. From fiscal years 2008 through 2009, DOJ's Office of Justice Programs (OJP) awarded over 7,900 grants totaling over $4.2 billion. Some DOJ grant programs emphasize the prevention of crime and juvenile delinquency, and in some instances, DOJ's grant funds have been used, in part, to support recreational activities for youth involving various sports programs and field trips. In addition, DOJ grant recipients, such as a state's department of juvenile justice services, may provide grant funds to a subgrantee, like the Boys and Girls Club of America, to carry out various activities, such as mentoring or antigang initiatives, within the overall parameters of the grant program. However, no DOJ grant programs are designed to fund recreational activities exclusively. This letter responds to a congressional request to determine (1) the extent to which DOJ tracks grant funds spent on recreational activities, and how, if at all, DOJ assesses the impact of federally funded recreational activities on crime prevention and reduction; …
Date: June 18, 2010
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Higher Education: Improved Tax Information Could Help Families Pay for College (open access)

Higher Education: Improved Tax Information Could Help Families Pay for College

A letter report issued by the Government Accountability Office with an abstract that begins "Multiple Title IV programs and tax expenditures provided substantial aid to populations across income levels. In 2009, 12.8 million students received Title IV aid, and approximately 18-million tax filers claimed a higher education tax benefit for current expenses. Recent increases in both programs from 2008 to 2009 may be because of enrollment increases and legislative actions, among other factors. Title IV grants tend to benefit students and families with incomes below the national median (about $52,000 from 2006–2010), while loans and work-study serve these students and those with family incomes above the median. Most tax benefits from the tuition and fees deduction and the parental exemption for dependent students went to households with incomes above $60,000, whereas the majority of benefits from the other higher education tax expenditures in GAO’s review—such as the American opportunity credit—went to households with lower incomes."
Date: May 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Information Sharing: DHS Has Demonstrated Leadership and Progress, but Additional Actions Could Help Sustain and Strengthen Efforts (open access)

Information Sharing: DHS Has Demonstrated Leadership and Progress, but Additional Actions Could Help Sustain and Strengthen Efforts

A letter report issued by the Government Accountability Office with an abstract that begins "The Department of Homeland Security (DHS) has made progress in achieving its information-sharing mission, but could take additional steps to improve its efforts. Specifically, DHS has demonstrated leadership commitment by establishing a governance board to serve as the decision-making body for DHS information-sharing issues. The board has enhanced collaboration among DHS components and identified a list of key information-sharing initiatives. The board has also developed and documented a process to prioritize some of the initiatives for additional oversight and support. However, because DHS has not revised its policies and guidance to include processes for identifying information-sharing gaps and the results; analyzing root causes of those gaps; and identifying, assessing, and mitigating risks of removing incomplete initiatives from its list, it does not have an institutional record that would help it replicate and sustain those information-sharing efforts. Overall, DHS’s key information-sharing initiatives have progressed, and most have met interim milestones. However, progress has slowed for half of the 18 key initiatives, in part because of funding constraints. For example, 5 of DHS’s top 8 priority information-sharing initiatives currently face funding shortfalls. The board has not been able …
Date: September 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
911 Services: Most States Used 911 Funds for Intended Purposes, but FCC Could Improve Its Reporting on States' Use of Funds (open access)

911 Services: Most States Used 911 Funds for Intended Purposes, but FCC Could Improve Its Reporting on States' Use of Funds

A letter report issued by the Government Accountability Office with an abstract that begins "Although states faced challenges and delays in the past, states have made significant progress implementing wireless Enhanced 911 (E911) since 2003. Wireless E911 deployment usually proceeds through two phases: Phase I provides general caller location information by identifying the cell tower or cell site that is receiving the wireless call; Phase II provides more precise caller-location information, usually within 50 to 300 meters. Currently, according to the National Emergency Number Association (NENA), nearly 98 percent of 911 call centers, known as Public Safety Answering Points (PSAPs), are capable of receiving Phase I location information, and 97 percent have implemented Phase II for at least one wireless carrier. This represents a significant improvement since 2003 when implementation of Phase I was 65 percent and Phase II was 18 percent. According to NENA's current data, 142 U.S. counties (representing roughly 3 percent of the U.S. population) do not have some level of wireless E911 service. The areas that lack wireless E911 are primarily rural and tribal areas that face special implementation challenges, according to federal and association officials."
Date: April 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Fair Labor Standards Act: The Department of Labor Should Adopt a More Systematic Approach to Developing Its Guidance (open access)

Fair Labor Standards Act: The Department of Labor Should Adopt a More Systematic Approach to Developing Its Guidance

A letter report issued by the Government Accountability Office with an abstract that begins "Substantial increases occurred over the last decade in the number of civil lawsuits filed in federal district court alleging violations of the Fair Labor Standards Act of 1938, as amended (FLSA). Federal courts in most states experienced increases in the number of FLSA lawsuits filed and the percentage of total civil lawsuits filed that were FLSA cases, but large increases were concentrated in a few states, including Florida and New York. The number of workers involved in FLSA lawsuits is unknown because the courts do not collect data on the number of workers represented. Many factors may contribute to this general trend; however, the factor cited most often by stakeholders, including attorneys and judges, was attorneys' increased willingness to take on such cases. In fiscal year 2012, an estimated 97 percent of FLSA lawsuits were filed against private sector employers, often from the accommodations and food services industry, and 95 percent of the lawsuits filed included allegations of overtime violations."
Date: December 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Medicare: Use of Preventive Services Could Be Better Aligned with Clinical Recommendations (open access)

Medicare: Use of Preventive Services Could Be Better Aligned with Clinical Recommendations

A letter report issued by the Government Accountability Office with an abstract that begins "Use of some preventive services--cardiovascular disease screening and cervical cancer screening--by FFS beneficiaries generally aligned with clinical recommendations, but use of other cancer screenings for certain age groups, osteoporosis screening, and immunizations did not. In particular, among women aged 65 to 74, for whom breast cancer screening is recommended biannually by the Task Force, only two out of three received a mammogram in 2008 or 2009. Among beneficiaries aged 65 to 75, about one out of four received any of the Task Force recommended regimens for colorectal cancer screening from 2005 through 2009. Among men aged 75 or older, about two out of five received a Prostate-Specific Antigen test for prostate cancer--a test that required no cost sharing--from 2006 through 2009 even though the Task Force recommended against this service for that age group. Use of osteoporosis screening--for which Medicare coverage is limited--and influenza and pneumococcal immunizations was generally lower than recommended by the Task Force or ACIP. The Department of Health and Human Services has the authority to modify coverage of Medicare preventive services--such as osteoporosis screening--consistent with Task Force recommendations."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Department of Energy: Budget Trends and Oversight (open access)

Department of Energy: Budget Trends and Oversight

Testimony issued by the Government Accountability Office with an abstract that begins "Recent GAO work found that funding increases have expanded or created Department of Energy (DOE) programs with varying results. For example:"
Date: April 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
K-12 Education: Many Challenges Arise in Educating Students Who Change Schools Frequently (open access)

K-12 Education: Many Challenges Arise in Educating Students Who Change Schools Frequently

A letter report issued by the Government Accountability Office with an abstract that begins "Educational achievement of students can be negatively affected by their changing schools often. The recent economic downturn, with foreclosures and homelessness, may be increasing student mobility. To inform Elementary and Secondary Education Act of 1965 (ESEA) reauthorization, GAO was asked: (1) What are the numbers and characteristics of students who change schools, and what are the reasons students change schools? (2) What is known about the effects of mobility on student outcomes, including academic achievement, behavior, and other outcomes? (3) What challenges does student mobility present for schools in meeting the educational needs of students who change schools? (4) What key federal programs are schools using to address the needs of mobile students? GAO analyzed federal survey data, interviewed U.S. Department of Education (Education) officials, conducted site visits at eight schools in six school districts, and reviewed federal laws and existing research."
Date: November 18, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Haiti Reconstruction: USAID Infrastructure Projects Have Had Mixed Results and Face Sustainability Challenges (open access)

Haiti Reconstruction: USAID Infrastructure Projects Have Had Mixed Results and Face Sustainability Challenges

A letter report issued by the Government Accountability Office with an abstract that begins "As of March 31, 2013, the U.S. Agency for International Development (USAID) had obligated $293 million (45 percent) and disbursed $204 million (31 percent) of $651 million in funding for Haiti from the Supplemental Appropriations Act, 2010 (the Act). The Department of State (State) submitted four of five periodic reports to Congress, as required by the Act. The reports included information on funding obligated and disbursed and anecdotal information on outputs and outcomes of some activities, as the Act required. The Senate Appropriations Committee, in its Committee Report accompanying the Act, had also directed State to report more detailed information on funding and sector activities in Haiti, which State did not include in the reports. Although most funds have not been disbursed, State's reporting requirement ended in September 2012. As a result, Congress lacks information on the amounts of funds obligated and disbursed and program-by-program progress of U.S. reconstruction activities."
Date: June 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Securities and Exchange Commission: Alternative Criteria for Qualifying As An Accredited Investor Should Be Considered (open access)

Securities and Exchange Commission: Alternative Criteria for Qualifying As An Accredited Investor Should Be Considered

A letter report issued by the Government Accountability Office with an abstract that begins "Of the existing criteria in the Securities and Exchange Commission's (SEC) accredited investor standard, many market participants identified net worth as the most important criterion for balancing investor protection and capital formation. For example, two market participants said the net worth criterion, more so than income, likely indicates the investors' ability to accumulate wealth and their investment knowledge. Others noted that some parts of the market might not accept adjustments to the thresholds. For example, an association of angel investors--accredited investors who invest in start-up companies--told GAO that they would be resistant to increased thresholds because it would decrease the number of eligible investors. GAO analysis of federal data on household net worth showed that adjusting the $1 million minimum threshold to approximately $2.3 million, to account for inflation, would decrease the number of households qualifying as accredited from approximately 8.5 million to 3.7 million."
Date: July 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Dodd-Frank Act: Hybrid Capital Instruments and Small Institution Access to Capital (open access)

Dodd-Frank Act: Hybrid Capital Instruments and Small Institution Access to Capital

A letter report issued by the Government Accountability Office with an abstract that begins "Tier 1 hybrid capital instruments, particularly trust preferred securities, have been heavily used by bank holding companies because of their financial advantages, but they are not as effective in absorbing losses as traditional forms of Tier 1 capital, such as common equity. As of December 31, 2010, almost two-thirds of all top-level bank holding companies that were subject to capital requirements included hybrid instruments in their Tier 1 capital, for a total value of $157 billion. Hybrid instruments such as trust preferred securities have offered institutions the benefit of lower-cost capital, largely because of their debt-related features—including tax-deductible dividends. These instruments also are accessible to a broader range of potential investors. However, trust preferred securities do not absorb losses like other Tier 1 instruments because of their obligation to repay principal and dividends. Trust preferred securities may provide limited financial flexibility in times of stress, but they may also hinder efforts to recapitalize troubled banking institutions."
Date: January 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Information Security: Better Implementation of Controls for Mobile Devices Should Be Encouraged (open access)

Information Security: Better Implementation of Controls for Mobile Devices Should Be Encouraged

A letter report issued by the Government Accountability Office with an abstract that begins "Threats to the security of mobile devices and the information they store and process have been increasing significantly. For example, the number of variants of malicious software, known as “malware,” aimed at mobile devices has reportedly risen from about 14,000 to 40,000 or about 185 percent in less than a year (see figure). Cyber criminals may use a variety of attack methods, including intercepting data as they are transmitted to and from mobile devices and inserting malicious code into software applications to gain access to users’ sensitive information. These threats and attacks are facilitated by vulnerabilities in the design and configuration of mobile devices, as well as the ways consumers use them. Common vulnerabilities include a failure to enable password protection and operating systems that are not kept up to date with the latest security patches."
Date: September 18, 2012
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Deepwater Horizon Oil Spill: Update on Federal Financial Risks and Claims Processing (open access)

Deepwater Horizon Oil Spill: Update on Federal Financial Risks and Claims Processing

Correspondence issued by the Government Accountability Office with an abstract that begins "On April 20, 2010, an explosion occurred on BP America Production Company's (BP) leased mobile offshore drilling unit Deepwater Horizon. The total cost to clean up the massive and unprecedented oil spill in the Gulf of Mexico following the Deepwater Horizon explosion (including costs to help pay for the spill's adverse impact on businesses and individuals in the region) are yet unknown, but have been estimated in the tens of billions of dollars. The extent to which the federal government will ultimately be required to pay costs associated with the Deepwater Horizon oil spill remains unclear. The complex legal framework in place for oil spill liability and response funding will play an integral role in determining who is responsible and will ultimately pay the costs associated with the Deepwater Horizon oil spill. In this regard, the Oil Pollution Act of 1990, as amended (OPA), which Congress enacted after the Exxon Valdez spill in 1989, authorized use of the Oil Spill Liability Trust Fund (Fund) to pay for certain oil spill cleanup costs and damages using federal tax revenues for immediate response costs and when the responsible parties cannot …
Date: April 18, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Debt Management: Treasury Was Able to Fund Economic Stabilization and Recovery Expenditures in a Short Period of Time, but Debt Management Challenges Remain (open access)

Debt Management: Treasury Was Able to Fund Economic Stabilization and Recovery Expenditures in a Short Period of Time, but Debt Management Challenges Remain

A letter report issued by the Government Accountability Office with an abstract that begins "This report is part of GAO's requirement, under the Emergency Economic Stabilization Act of 2008, to monitor the Department of the Treasury's (Treasury) implementation of the Troubled Asset Relief Program and submit special reports as warranted from oversight findings. It evaluates Treasury's borrowing actions since the start of the crisis, and how Treasury communicates with market participants in the context of the growing debt portfolio and the medium- and long-term fiscal outlook. GAO analyzed market data; interviewed Treasury, the Federal Reserve Bank of New York, and market experts; and surveyed major domestic holders of Treasury securities."
Date: May 18, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
Coal Leasing: BLM Could Enhance Appraisal Process, More Explicitly Consider Coal Exports, and Provide More Public Information (open access)

Coal Leasing: BLM Could Enhance Appraisal Process, More Explicitly Consider Coal Exports, and Provide More Public Information

A letter report issued by the Government Accountability Office with an abstract that begins "Since January 1990, the Bureau of Land Management (BLM) has leased 107 coal tracts, and associated coal production and revenues have grown. Most lease sales have had a single bidder and were leased the first time offered. The amount of coal produced from federal leases and associated revenues have increased since 1990, although production has leveled off since 2002. Revenues from federal coal leases have generated about $1 billion annually in recent years. Royalties paid when coal is sold and bonus bids paid for the right to mine a federal coal tract account for nearly all of these revenues."
Date: December 18, 2013
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library
District of Columbia Public Education: Agencies Have Enhanced Internal Controls Over Federal Payments for School Improvement, But More Consistent Monitoring Needed (open access)

District of Columbia Public Education: Agencies Have Enhanced Internal Controls Over Federal Payments for School Improvement, But More Consistent Monitoring Needed

A letter report issued by the Government Accountability Office with an abstract that begins "Between fiscal years 2004 and 2009, Congress appropriated nearly $190 million in federal payments for school improvement to the District of Columbia (D.C.). This includes $85 million to the state education office--currently the Office of the State Superintendent of Education (OSSE)--to expand public charter schools and $105 million to D.C. Public Schools (DCPS) to improve education in public schools. Over the years, GAO and others have identified challenges that DCPS and OSSE face in managing federal monies. This report identifies, on the basis of available information, activities for which OSSE and DCPS used federal payments between 2004 and 2009 and describes how OSSE and DCPS monitored grant and contract recipients, respectively. GAO reviewed expenditure data and interviewed and collected documentation from OSSE and DCPS, among others. GAO reviewed all available grants awarded by OSSE in 2008 and 2009 and 14 of the largest contracts awarded by DCPS during that time."
Date: November 18, 2010
Creator: United States. Government Accountability Office.
Object Type: Report
System: The UNT Digital Library