Troubled Asset Relief Program: Status of GAO Recommendations to Treasury (open access)

Troubled Asset Relief Program: Status of GAO Recommendations to Treasury

Correspondence issued by the Government Accountability Office with an abstract that begins "Nearly 3 years ago, the Emergency Economic Stabilization Act of 2008 (EESA) authorized the creation of the Troubled Asset Relief Program (TARP) to address the most severe crisis that the financial system had faced in decades. EESA provided GAO with broad oversight authorities for actions taken under TARP and required that we report at least every 60 days on TARP activities and performance. Our oversight and reporting has resulted in 69 performance audit recommendations and matters for congressional consideration to improve TARP's accountability and transparency. Sixty of the performance audit recommendations have been directed to the U.S. Department of the Treasury (Treasury), the primary agency responsible for TARP programs. While Treasury has taken a number of steps to address many of our recommendations, some recommendations remain outstanding. This 60-day report describes the status of our TARP performance audit recommendations to Treasury as of September 2011. In particular, this report discusses Treasury's implementation of our recommendations, focusing particularly on two cross-cutting issues--communications and staffing--and two major TARP programs, the Capital Purchase Program (CPP), which supports certain U.S. financial institutions, and Making Home Affordable (MHA), which is a collection of …
Date: September 16, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Management Report: Opportunities for Improvements in the Congressional Award Foundation's Internal Controls and Accounting Procedures (open access)

Management Report: Opportunities for Improvements in the Congressional Award Foundation's Internal Controls and Accounting Procedures

Correspondence issued by the Government Accountability Office with an abstract that begins "In May 2011, we issued our opinion on the fiscal years 2010 and 2009 financial statements of the Congressional Award Foundation (the Foundation). We also reported on our evaluation of the Foundation's compliance with provisions of selected laws and regulations for the fiscal year ended September 30, 2010, and our consideration of the Foundation's internal control over financial reporting. [...] The purpose of this report is to present additional information on the internal control and accounting procedures issues we identified during our audit of the Foundation's fiscal years 2010 and 2009 financial statements and to provide our recommended actions to address those issues."
Date: September 9, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Justice and Law Enforcement: Observations on the Costs and Benefits of an Increased Department of Defense Role in Helping to Secure the Southwest Land Border (open access)

Justice and Law Enforcement: Observations on the Costs and Benefits of an Increased Department of Defense Role in Helping to Secure the Southwest Land Border

Correspondence issued by the Government Accountability Office with an abstract that begins "In order to satisfy the requirement in the Ike Skelton National Defense Authorization Act for Fiscal Year 2011 to report on the security of the southwest land border of the United States, we briefed Congress on July 12, 2011, with our preliminary observations. This is our final report to Congress on the Department of Defense (DOD) issues we addressed in response to the mandate. As directed by the mandate, we assessed: (1) what is known about the costs and benefits of an increased DOD role to help achieve operational control over the southwest land border, including the deployment of additional units, the National Guard, or other DOD personnel; increased use of ground-based mobile surveillance systems by military personnel; and use of additional mobile patrols by military personnel, particularly in rural, high-trafficked areas; and (2) what is known about the costs and benefits of an increased deployment of additional unmanned aerial systems and manned aircraft to provide surveillance; as well as the impact of any increased deployment of unmanned aerial systems or manned aircraft on national airspace use and availability.."
Date: September 12, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Joint Strike Fighter: Implications of Program Restructuring and Other Recent Developments on Key Aspects of DOD's Prior Alternate Engine Analyses (open access)

Joint Strike Fighter: Implications of Program Restructuring and Other Recent Developments on Key Aspects of DOD's Prior Alternate Engine Analyses

Correspondence issued by the Government Accountability Office with an abstract that begins "After supporting a Joint Strike Fighter (JSF) acquisition strategy that called for a competitive engine development of the F135 and F136 engines, the Department of Defense (DOD) stopped requesting funding for the F136 alternate engine in its fiscal year 2007 budget request, but the Congress continued to fund it through the 2010 budget. In February 2010, DOD projected that it would cost an additional $2.9 billion through 2016 to support an alternate engine program. DOD decided that an engine competition would not likely generate enough long-term savings to justify this up-front investment and subsequently terminated the alternate engine program. In 2010, at congressional request, we reviewed the basis for DOD's $2.9 billion funding projection and reported that the projection did not include the same level of fidelity and precision normally associated with a detailed, comprehensive cost estimate and that the amount of up-front investment needed could be lower if two key assumptions in DOD's analysis were changed. Moreover, since DOD's projection and our last review, several fundamental changes in the JSF aircraft and engine programs have taken place. We examined the potential implications of these changes to the …
Date: September 14, 2011
Creator: United States. Government Accountability Office.
Object Type: Text
System: The UNT Digital Library
Aviation Security: Weaknesses in Airport Security and Options for Assigning Screening Responsibilities (open access)

Aviation Security: Weaknesses in Airport Security and Options for Assigning Screening Responsibilities

Testimony issued by the General Accounting Office with an abstract that begins "A safe and secure civil aviation system is a critical component of the nation's overall security, physical infrastructure, and economic foundation. Billions of dollars and a myriad of programs and policies have been devoted to achieving such a system. Although it is not fully known at this time what actually occurred or what all the weaknesses in the nation's aviation security apparatus are that contributed to the horrendous terrorist acts of Semptember 11, 2001, it is clear that serious weaknesses exist in the nation's aviation security system and that their impact can be far more devastating than previously imagined. There are security concerns with (1) airport access controls, (2) passenger and carry-on baggage screening, and (3) alternatives to current screening practices, including practices in selected other countries. Controls for limiting access to secure areas, including aircraft, have not always worked as intended. In May of 2000, special agents used counterfeit law enforcement badges and credentials to gain access to secure areas at two airports, bypassing security checkpoints and walking unescorted to aircraft departure gates. In June 2000, testing of screeners showed that significant, long-standing weaknesses--measured by the screeners' …
Date: September 21, 2001
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Health Products for Seniors: Potential Harm From 'Anti-Aging' Products (open access)

Health Products for Seniors: Potential Harm From 'Anti-Aging' Products

Testimony issued by the General Accounting Office with an abstract that begins "Dietary supplements marketed as anti-aging therapies may pose a potential for physical harm to senior citizens. Evidence from the medical literature shows that a variety of frequently used dietary supplements can have serious health consequences for seniors. Particularly risky are products that may be used by seniors who have underlying diseases or health conditions that make the use of the product medically inadvisable or supplements that interact with medications that are being taken concurrently. Studies have also found that these products sometimes contain harmful contaminants or much more of an active ingredient than is indicated on the label. Although GAO was unable to find any recent, reliable estimates of the overall economic harm to seniors from these products, it did uncover several examples that illustrate the risk of economic harm. The Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) have identified several products that make advertising or labeling claims with insufficient substantiation, some costing consumers hundreds or thousands of dollars apiece. The potential for harm to senior citizens from health products making questionable claims has been a concern for public health and law enforcement officials. …
Date: September 10, 2001
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Long-Term Care: Elderly Individuals Could Find Significant Variation in the Availability of Medicaid Home and Community Services (open access)

Long-Term Care: Elderly Individuals Could Find Significant Variation in the Availability of Medicaid Home and Community Services

Testimony issued by the General Accounting Office with an abstract that begins "As the baby boomers age, spending on long-term care for the elderly could quadruple by 2050. The growing demand for long-term care will put pressure on federal and state budgets because long-term care relies heavily on public financing, particularly Medicaid. Nursing home care traditionally has accounted for most Medicaid long-term care expenditures, but the high costs of such care and the preference of many individuals to stay in their own homes has led states to expand their Medicaid programs to provide coverage for home- and community-based long-term care. GAO found that a Medicaid-eligible elderly individual with the same disabling conditions, care needs, and availability of informal family support could find significant differences in the type and intensity of home and community-based services that would be offered for his or her care. These differences were due in part to the very nature of long-term care needs--which can involve physical or cognitive disabling conditions--and the lack of a consensus as to what services are needed to compensate for these disabilities and what balance should exist between publicly available and family-provided services. The differences in care plans were also due to …
Date: September 26, 2002
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Computer Security: Critical Federal Operations and Assets Remain at Risk (open access)

Computer Security: Critical Federal Operations and Assets Remain at Risk

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed information security audits at federal agencies, focusing on: (1) the pervasive weaknesses that continue since the results of a similar analysis 2 years ago; (2) the serious risks that these weaknesses pose; and (3) major common weaknesses that agencies need to address in order to improve their information security programs."
Date: September 11, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Insurance Regulation: Scandal Highlights Need for States to Strengthen Regulatory Oversight (open access)

Insurance Regulation: Scandal Highlights Need for States to Strengthen Regulatory Oversight

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed the details of Martin Frankel's insurance scandal, focusing on: (1) how the scam happened; (2) the regulatory weaknesses exposed by this scam; and (3) the crucial importance of regulatory information sharing."
Date: September 19, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Welfare Reform: States' Implementation and Effects on the Workforce Development System (open access)

Welfare Reform: States' Implementation and Effects on the Workforce Development System

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed states' efforts to implement welfare reform, focusing on: (1) what is known about the effectiveness of various approaches for moving welfare recipients into jobs; (2) how states are implementing welfare reform; (3) the status of those leaving welfare; and (4) the challenges that lie ahead as welfare reform continues to evolve."
Date: September 9, 1999
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Electronic Government: Proposal Addresses Critical Challenges (open access)

Electronic Government: Proposal Addresses Critical Challenges

Testimony issued by the General Accounting Office with an abstract that begins "E-government is critical to the government's ability to effectively communicate with the public. Both Congress and current and past administrations have emphasized the importance of e-government and have put forth proposals to address the challenges associated with this issue. Earlier this year, the Senate passed S. 803, the E-government Act of 2002. To accomplish the goal of enhancing the management and promotion of e-government, S. 803 addresses many of the substantive information resource and management challenges facing the government today. Initiatives contained in this bill represent important steps in creating a government that is more efficient, effective, and focused on citizens' needs. Specifically, the bill would (1) secure the transmission of sensitive information in e-government transactions by promoting the development of electronic signatures, (2) protect individuals' privacy by requiring agencies to conduct privacy impact assessments, and (3) make government information more accessible to the public."
Date: September 18, 2002
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Mass Transit: WMATA Is Addressing Many Challenges, but Capital Planning Could Be Improved (open access)

Mass Transit: WMATA Is Addressing Many Challenges, but Capital Planning Could Be Improved

Testimony issued by the General Accounting Office with an abstract that begins "In recent years, the Washington Metropolitan Area Transit Authority's (WMATA) public transit system has experienced safety and reliability problems, including equipment breakdowns, delays in scheduled service, unprecedented crowding on trains, and accidents and tunnel fires. WMATA is examining ways to ease crowding on the systems rail cars and determining whether and how to expand Metrorail maintenance and repair shop capacity as WMATA acquires nearly 200 new rail cars. WMATA has also undertaken a comprehensive program for infrastructure renewal, and it is now studying improvements or modifications to accommodate the goal of doubling ridership by the year 2025. WMATA's safety program has evolved since the mid-1990s, when a series of accidents and incidents led to several independent reviews citing the need for program improvements. WMATA monitors safety and crime statistics and has several ongoing targeted efforts to reduce safety incidents and deter crime on its transit systems. WMATA has adopted several of the best capital investment practices used by leading public and private sector organizations, but it could benefit by establishing a more formal, disciplined framework for its capital decision-making process. WMATA has used a wide variety of innovative …
Date: September 21, 2001
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Tennessee Valley Authority: Assessment of the 10-Year Business Plan (open access)

Tennessee Valley Authority: Assessment of the 10-Year Business Plan

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed its work analyzing the Tennessee Valley Authority's (TVA) 10-year business plan, focusing on: (1) whether the plan objectives address the key issues confronting TVA; (2) major costs that were not included in the plan; (3) whether the goals and assumptions in the plan are achievable or reasonable; and (4) TVA's plans to formally update the plan for significant changes."
Date: September 22, 1999
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Medicare: Beneficiaries' Prescription Drug Coverage (open access)

Medicare: Beneficiaries' Prescription Drug Coverage

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed Medicare beneficiaries' access to prescription drug coverage, focusing on: (1) how growth in presciption drug spending for both the general population and Medicare beneficiaries has made coverage such an important policy issue; (2) the sources and extent of Medicare beneficiary drug coverage; and (3) benefit design and implementation issues to be considered in deliberations about adding a new prescription drug benefit."
Date: September 28, 1999
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
VA Information Technology: Management Making Important Progress in Addressing Key Challenges (open access)

VA Information Technology: Management Making Important Progress in Addressing Key Challenges

Testimony issued by the General Accounting Office with an abstract that begins "In March of this year, GAO testified before the House Subcommittee on Oversight and Investigations, Committee on Veterans' Affairs, about the Department of Veterans Affairs' (VA) information technology (IT) program, and the strides that the Secretary had made in improving departmental leadership and management of this critical area--including the hiring of a chief information officer. At the Subcommittee's request, GAO evaluated VA's new IT organizational structure, and provided an update on VA's progress in addressing other specific areas of IT concern and our related recommendations pertaining to enterprise architecture, information security, the Veterans Benefits Administration's replacement compensation and pension payment system and maintenance of the Benefits Delivery Network, and the government computer-based patient record initiative."
Date: September 26, 2002
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Commercial Aviation: A Framework for Considering Federal Financial Assistance (open access)

Commercial Aviation: A Framework for Considering Federal Financial Assistance

Testimony issued by the General Accounting Office with an abstract that begins "The terrorist attacks on the World Trade Center and the Pentagon on Sept. 11 killed thousands of Americans and foreign nationals. The economic toll will also be enormous. Countless jobs and retirement funds are now at risk. Estimates of the losses to the airline industry alone have ranged from $4 billion, according to many analysts, to more than $20 billion, according to some airline officials. Congress has already appropriated $40 billion for emergency responses, including increased transportation security, and Congress is considering financial assistance to the airline industry. GAO believes that the government needs to clearly define the nature of the problem--separating short-term needs from long-term challenges, industry wants from real needs. Although all airlines now face major financial challenges, government assistance cannot overcome the financial difficulty that confronted several carriers before the events of September 11. The government has a range of options to assist the airline industry, from loans and loan guarantees to tax subsidies. The choice and design of the assistance is critical to targeting federal aid to the immediate problems, spreading responsibility among all industry stakeholders, and ensuring accountability to Congress and the American …
Date: September 20, 2001
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
VA Health Care: Nonprofit Corporations Enhance VA Research, but Would Benefit from Increased Oversight (open access)

VA Health Care: Nonprofit Corporations Enhance VA Research, but Would Benefit from Increased Oversight

Testimony issued by the General Accounting Office with an abstract that begins "GAO reviewed the Department of Veterans Affairs' (VA) nonprofit research corporations, which receive funds primarily from non-VA sources to conduct medical research at VA facilities. Since VA's nonprofit corporations were first established, there has been limited oversight of their operations and contributions to VA research. Nonprofit corporations support VA's research environment by funding a portion of the department's research needs, such as laboratory equipment and improvements to infrastructure, and by providing flexible personnel and contracting arrangements to respond to investigators' needs. To detect conflict of interest, investigators on research projects administered by VA's nonprofit corporations are subject to federal statutes and regulations applicable to federal employees concerning conduct and conflicts of interest and may be required to disclose their financial interests. Institutional conflicts of interest are unlikely to occur in VA's nonprofit research corporations because they cannot own stock, have an equity interest in private companies, or obtain intellectual property rights. VA has delegated responsibility for monitoring and overseeing the activities of nonprofit corporations to the directors of VA medical centers; however, VA headquarters does not oversee and monitor corporations' financial activities and ensure that identified deficiencies are …
Date: September 19, 2002
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Mass Transit: Challenges in Securing Transit Systems (open access)

Mass Transit: Challenges in Securing Transit Systems

Testimony issued by the General Accounting Office with an abstract that begins "Over a year has passed since the terrorist attacks of September 11, 2001, realigned national priorities. Although most of the early attention following the attacks focused on airport security, emphasis on the other modes of transportation has since grown. Addressing transit safety and security concerns is complicated by the nature and scope of transit in the United States. About 6,000 agencies provide transit services, and each workday, 14 million Americans ride on some form of transit. Transit agencies face significant challenges in making their systems secure. Certain characteristics make them both vulnerable and difficult to secure. The high ridership of some transit agencies makes them attractive targets for terrorists but also makes certain security measures, like metal detectors, impractical. Another challenge is funding identified security enhancements. Despite the formidable challenges in securing transit systems, transit agencies have taken a number of steps to improve the security of their systems. Transit agencies visited by GAO were implementing strategies to improve both safety and security prior to September 11; however, the events of September 11 elevated the importance of security-related activity. Many agencies assessed vulnerabilities, provided additional training on emergency …
Date: September 18, 2002
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Federal Chief Information Officer: Leadership Needed to Confront Serious Challenges and Emerging Issues (open access)

Federal Chief Information Officer: Leadership Needed to Confront Serious Challenges and Emerging Issues

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed the creation of a federal chief information officer (CIO), focusing on the: (1) structure and responsibilities of existing state and foreign governmentwide CIO models; (2) federal CIO approaches proposed by two bills; and (3) type of leadership responsibilities that a federal CIO should possess."
Date: September 12, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Year 2000 Computing Challenge: Status of the District of Columbia's Efforts to Renovate Systems and Develop Contingency and Continuity Plans (open access)

Year 2000 Computing Challenge: Status of the District of Columbia's Efforts to Renovate Systems and Develop Contingency and Continuity Plans

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed the District of Columbia's efforts to address the year 2000 challenge, focusing on the: (1) District's progress in fixing its systems and the remaining risks it faces; (2) actions it needs to take to mitigate these risks over the next 3 months; and (3) recent experience it needs to capitalize on to strengthen long-term information technology management."
Date: September 24, 1999
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Federal Wildfire Activities: Issues Needing Future Attention (open access)

Federal Wildfire Activities: Issues Needing Future Attention

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed various aspects of the Forest Service's and the Bureau of Land Management's (BLM) firefighting programs."
Date: September 14, 1999
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Packers and Stockyards Programs: Investigations of Competitive Practices Need Improvements (open access)

Packers and Stockyards Programs: Investigations of Competitive Practices Need Improvements

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed the Department of Agriculture's (USDA) efforts to investigate concerns about competition in the marketing of cattle and hogs, focusing on: (1) the number and status of investigations conducted by the Grain Inspection, Packers and Stockyards Administration (GIPSA) in response to complaints and concerns about anticompetitive activity involving the marketing of cattle and hogs; (2) factors that affect GIPSA's ability to investigate concerns about anticompetitive practices; and (3) GIPSA's authority under the Packers and Stockyards Act to address concerns about anticompetitive and unfair practices."
Date: September 25, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Social Security Administration: SSA's Letters to the Public Remain Difficult to Understand (open access)

Social Security Administration: SSA's Letters to the Public Remain Difficult to Understand

Testimony issued by the General Accounting Office with an abstract that begins "Pursuant to a congressional request, GAO discussed the letters the Social Security Administration (SSA) sends to the public, focusing on: (1) awarding Social Security benefits; (2) adjusting Social Security benefits; (3) awarding Supplemental Security Income (SSI) Program, benefits; and (4) adjusting SSI benefits."
Date: September 26, 2000
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library
Transportation Infrastructure: Alternative Financing Mechanisms for Surface Transportation (open access)

Transportation Infrastructure: Alternative Financing Mechanisms for Surface Transportation

Testimony issued by the General Accounting Office with an abstract that begins "As Congress considers reauthorizing the Transportation Equity Act for the 21st Century (TEA-21) in 2003, it does so in the face of a continuing need for the nation to invest in its surface transportation infrastructure at a time when both the federal and state governments are experiencing severe financial constraints. As transportation needs have grown, Congress provided states--in the National Highway System Designation Act of 1995 and TEA-21--additional means to make highway investments through alternative financing mechanisms. A number of states are using existing alternative financing tools such as State Infrastructure Banks, Grant Anticipation Revenue Vehicles bonds, and loans under the Transportation Infrastructure Finance and Innovation Act. These tools can provide states with additional options to accelerate projects and leverage federal assistance--they can also provide greater flexibility and more funding techniques. Federal funding of surface transportation investments includes federal-aid highway program grant funding appropriated by Congress out of the Highway Trust Fund, loans and loan guarantees, and bonds that are issued by states that are exempt from federal taxation. Expanding the use of alternative financing mechanisms has the potential to stimulate additional investment and private participation. However, expanding …
Date: September 25, 2002
Creator: United States. General Accounting Office.
Object Type: Text
System: The UNT Digital Library