Resource Type

Issues Involving the Use of the Futures Markets to Invest in Commodity Indexes (open access)

Issues Involving the Use of the Futures Markets to Invest in Commodity Indexes

Correspondence issued by the Government Accountability Office with an abstract that begins "Until mid-2008, prices for a broad range of physical commodities, from crude oil to crops such as wheat, had increased dramatically for several years--raising concerns and leading to a debate over the possible causes. Some market participants and observers have attributed the price increases to fundamental economic factors related to supply and demand. Others have suggested that the price increases resulted from speculation in the futures contracts by hedge funds and investors in commodity indexes. Like stock indexes, commodity indexes track the composite price of a basket of long futures positions in physical commodities. The indexes' investment strategy is passive, remaining the same regardless of whether prices are falling, rising, or flat. Two commonly referenced commodity indexes are the Standard & Poor's Goldman Sachs Commodity Index (S&P GSCI) and Dow Jones-American International Group Commodity Index (DJ-AIGCI), which are based on a broad range of physical commodities, including energy products, agricultural products, and metals. Since around the mid-2000s, pension plans, endowments, and other institutional investors increasingly have used investments in commodity indexes to obtain exposure to commodity prices as an asset class, typically to diversify their portfolios or hedge …
Date: January 30, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Meal Counting and Claiming by Food Service Management Companies in the School Meal Programs (open access)

Meal Counting and Claiming by Food Service Management Companies in the School Meal Programs

Correspondence issued by the Government Accountability Office with an abstract that begins "The federal government spends about $10 billion each year to provide meals to over 30 million students through the National School Lunch and Breakfast Programs. However, a 2007 study estimated that of this amount, $860 million (8.6 percent) in school year 2005-2006 was paid improperly because of errors in the number of meals counted and claimed for reimbursement. These programs are administered by the United States Department of Agriculture's (USDA) Food and Nutrition Service (FNS) through state agencies that, in turn, oversee local school food authorities (SFA). SFAs that participate in the lunch and breakfast programs receive federal cash reimbursements through the state agency for each meal served, and in the lunch program they also receive USDA commodity donations based on the number of meals served. In return, SFAs must serve meals that meet federal nutrition requirements and offer meals free or at a reduced price to students whose family's income falls below certain thresholds. While most of the roughly 13,700 SFAs in traditional public school districts in the United States manage their own programs, about 13 percent choose to contract with private companies known as food service …
Date: January 30, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Secure Border Initiative Fence Construction Costs (open access)

Secure Border Initiative Fence Construction Costs

Correspondence issued by the Government Accountability Office with an abstract that begins "Much of the United States' 6,000 miles of international borders with Canada and Mexico remains vulnerable to illegal entry of aliens, criminals, and cargo. The Department of Homeland Security (DHS) apprehends hundreds of thousands of people and seizes large volumes of cargo entering the country illegally each year; however, several hundreds of thousands of individuals and an unknown volume of contraband also enter the United States illegally and undetected. DHS's U.S. Customs and Border Protection (CBP) is the agency responsible for securing the nation's borders along and between ports of entry. In November 2005, DHS announced the launch of the Secure Border Initiative (SBI), a multiyear, multibillion-dollar program aimed at securing U.S. borders and reducing illegal immigration. CBP's SBI program office is responsible for managing the SBI program and for developing a comprehensive border protection system. This system has two main components: SBInet, which employs radars, sensors, and cameras to detect, identify, and classify the threat level associated with an illegal entry into the United States between the ports of entry, and SBI tactical infrastructure (TI), fencing, roads, and lighting intended to enhance U.S. Border Patrol agents' ability …
Date: January 29, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Military Training: Navy and Air Force Need to More Fully Apply Best Practices to Enhance Development and Management of Combat Skills Training (open access)

Military Training: Navy and Air Force Need to More Fully Apply Best Practices to Enhance Development and Management of Combat Skills Training

Correspondence issued by the Government Accountability Office with an abstract that begins "Since September 11, 2001, U.S. military forces have sought to adapt to an expanded battlefield--one in which rear areas are no longer considered safe and secure. As a result, both the Navy and the Air Force determined that, in order to prepare to operate more effectively in combat, servicemembers in specific occupations required additional standardized combat skills training in such areas as land navigation, first aid, and weapons qualification. The Navy has developed and implemented the Expeditionary Combat Skills (ECS) course for select Navy Expeditionary Combat Command (NECC) personnel. Through ECS, NECC intended to standardize the training curricula and eliminate inefficiencies and wide divergences in existing combat skills training. To provide similar training to designated enlisted personnel, the Air Force began planning the Common Battlefield Airmen Training (CBAT) program, but decided to cancel the program in August 2008, which was during the course of our work. Despite the Air Force's decision, we included in this report an analysis of CBAT to identify lessons learned applicable to ongoing and future Air Force efforts to establish new training programs."
Date: January 28, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
U.S. Postal Service: Deteriorating Postal Finances Require Aggressive Actions to Reduce Costs (open access)

U.S. Postal Service: Deteriorating Postal Finances Require Aggressive Actions to Reduce Costs

Testimony issued by the Government Accountability Office with an abstract that begins "When Congress passed the Postal Accountability and Enhancement Act in December 2006, the U.S. Postal Service (USPS) had just completed fiscal year 2006 with its largest mail volume ever--213 billion pieces of mail and a net income of $900 million. Two years later, USPS's mail volume dropped almost 5 percent--the largest single-year decline. The Postmaster General testified last March before this subcommittee that USPS was facing a potential net loss of over $1 billion for fiscal year 2008. He noted that USPS anticipated continued deterioration due to the economic slowdown, as the financial, credit, and housing sectors are among its key business drivers. He also said that the shifts in transactions and messages from mail to electronic communications and from advertising mail to lower-cost electronic media have affected the USPS's financial situation. This testimony focuses on (1) USPS's financial condition and outlook and (2) options and actions for USPS to remain financially viable in the short and long term. It is based on GAO's past work and updated postal financial information. We asked USPS for comments on our statement. USPS generally agreed with the accuracy of our statement …
Date: January 28, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Molecular dissection of the roles of the SOD genes in mammalian response to low dose irradiation (open access)

Molecular dissection of the roles of the SOD genes in mammalian response to low dose irradiation

“Molecular dissection of the roles of the SOD genes in mammalian response to low dose irradiation " was started on 09/01/03 and ended on 08/31/07. The primary objective of the project was to carry out mechanistic studies of the roles of the anti-oxidant SOD genes in mammalian cellular response to low dose ionizing radiation.
Date: January 27, 2009
Creator: Li, Dr. Chuan-Yaun
System: The UNT Digital Library
Update of State and Local Government Fiscal Pressures (open access)

Update of State and Local Government Fiscal Pressures

Correspondence issued by the Government Accountability Office with an abstract that begins "Congress asked GAO to provide information on (1) the fiscal pressures facing state and local governments and (2) principles to consider in determining how to effectively target and time temporary assistance to states, especially for Medicaid. This information is intended to inform ongoing congressional deliberations regarding fiscal relief to state and local governments as a component of an economic recovery initiative to respond to the current recession. We have developed a model that enables us to simulate fiscal outcomes of the state and local sector in the aggregate for several decades into the future. The model is not designed to highlight the fiscal position of individual states. Rather, the model projects the level of aggregate receipts and expenditures of the state and local sector in future years based on current and historical spending and revenue patterns. We first published the findings from our state and local fiscal model in 2007. A January 2008 report provided a detailed methodology for how we constructed the model. For a November 19, 2008, Senate Committee on Finance hearing, we provided a statement which included updated model results based on August 2008 National …
Date: January 26, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Real Property: Infrastructure Investment Presents Opportunities to Address Long-standing Real Property Backlogs and Reduce Energy Consumption (open access)

Real Property: Infrastructure Investment Presents Opportunities to Address Long-standing Real Property Backlogs and Reduce Energy Consumption

Testimony issued by the Government Accountability Office with an abstract that begins "Federal agencies have identified billions of dollars in reinvestment requirements to maintain their aging facilities and bring them up to current standards. In addition, according to Department of Energy (DOE) estimates, federal agencies will need over a billion dollars annually through 2015 for projects needed to meet congressional energy efficiency goals. As the nation's single largest energy consumer, the federal government spent approximately $17 billion in fiscal year 2007 on energy use in buildings and vehicles. This total represents almost 1 percent of all federal expenditures for 2007, and these costs have risen in recent years. This testimony discusses the potential benefits that may accrue from infrastructure investment, including energy reductions within federal buildings, and principles that could help guide infrastructure investment. Our comments are based on our body of work on repair and maintenance and energy management issues associated with federal real property."
Date: January 22, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Texas Attorney General Opinion: GA-0692 (open access)

Texas Attorney General Opinion: GA-0692

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Observation of county jail inmates while they are confined in courthouse holding cells (RQ-0722-GA)
Date: January 22, 2009
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0693 (open access)

Texas Attorney General Opinion: GA-0693

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Authority of a commissioners court to remove from county right-of-way structures it deems to be a safety hazard (RQ-0729-GA)
Date: January 22, 2009
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History
Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System (open access)

Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System

Testimony issued by the Government Accountability Office with an abstract that begins "This testimony discusses GAO's January 8, 2009, report that provides a framework for modernizing the outdated U.S. financial regulatory system. GAO prepared this work under the authority of the Comptroller General to help policymakers weigh various regulatory reform proposals and consider ways in which the current regulatory system could be made more effective and efficient. This testimony (1) describes how regulation has evolved in banking, securities, thrifts, credit unions, futures, insurance, secondary mortgage markets and other important areas; (2) describes several key changes in financial markets and products in recent decades that have highlighted significant limitations and gaps in the existing regulatory system; and (3) presents an evaluation framework that can be used by Congress and others to shape potential regulatory reform efforts."
Date: January 21, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Clean Air Act: Historical Information on EPA's Process for Reviewing California Waiver Requests and Making Waiver Determinations (open access)

Clean Air Act: Historical Information on EPA's Process for Reviewing California Waiver Requests and Making Waiver Determinations

Correspondence issued by the Government Accountability Office with an abstract that begins "Emissions from mobile sources, such as automobiles and trucks, contribute to air quality degradation and can threaten public health and the environment. Under the Clean Air Act, the Environmental Protection Agency (EPA) regulates these emissions. The act generally allows one set of federal standards for new motor vehicle emissions and pre-empts states from adopting or enforcing their own standards. However, it also authorizes the EPA Administrator to waive this provision to allow the state of California1 to enact and enforce emission standards for new motor vehicles that are as protective, in the aggregate, as federal government standards. Other states may also adopt California's standards if they choose. The waiver provision was added to the Federal Air Quality Act (one of the precursors of the current Clean Air Act) in 1967 because of California's severe air pollution problems and because the state had already established its own emission standards for mobile sources. California has used this waiver provision regularly to establish and enforce standards for vehicle emissions more stringent than those required by federal law. However, California must request a waiver of federal pre-emption and the EPA Administrator must …
Date: January 16, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Citizens' Report: Fiscal Year 2008 Summary of GAO's Performance and Financial Results (open access)

Citizens' Report: Fiscal Year 2008 Summary of GAO's Performance and Financial Results

Other written product issued by the Government Accountability Office with an abstract that begins "This report presents the highlights of GAO's fiscal year 2008 Performance and Accountability Report. The Government Accountability Office, the audit, evaluation, and investigative arm of the Congress, exists to support the Congress in meeting its constitutional responsibilities and to help improve the performance and accountability of the federal government for the American people. GAO examines the use of public funds; evaluates federal programs and policies; and provides analyses, recommendations, and other assistance to help the Congress make informed oversight, policy, and funding decisions. To fulfill its mission, GAO organizes and manages its resources to support four broad strategic goals. These include helping to address challenges to the well being and economic security of the American people, U.S. national and homeland security efforts, and modernizing government to meet current and emerging issues. Strategic goal 4 is an internal goal that focuses on enhancing GAO's business and administrative processes through investments in human capital, financial management, information technology, and various processes and systems needed to support the agency and the Congress. GAO maintains a workforce of highly trained professionals across a breadth of academic and scientific disciplines. About …
Date: January 15, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Health Information Technology: Federal Agencies' Experiences Demonstrate Challenges to Successful Implementation (open access)

Health Information Technology: Federal Agencies' Experiences Demonstrate Challenges to Successful Implementation

Testimony issued by the Government Accountability Office with an abstract that begins "As GAO and others have reported, the use of information technology (IT) has enormous potential to help improve the quality of health care and is important for improving the performance of the U.S. health care system. Given its role in providing health care, the federal government has been urged to take a leadership role to improve the quality and effectiveness of health care, and it has been working to promote the nationwide use of health IT for a number of years. However, achieving widespread adoption and implementation of health IT has proven challenging, and the best way to accomplish this transition remains subject to much debate. At the committee's request, this testimony discusses important issues identified by GAO's work that have broad relevance to the successful implementation of health IT to improve the quality of health care. To develop this testimony, GAO relied largely on its previous work on federal health IT activities."
Date: January 15, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Missouri River Navigation: Data on Commodity Shipments for Four States Served by the Missouri River and Two States Served by Both the Missouri and Mississippi Rivers (open access)

Missouri River Navigation: Data on Commodity Shipments for Four States Served by the Missouri River and Two States Served by Both the Missouri and Mississippi Rivers

Correspondence issued by the Government Accountability Office with an abstract that begins "The Missouri River reservoir system is a critical national resource that provides a variety of benefits, including navigation, flood control, irrigation, hydropower, municipal and industrial water supply, recreation, and fish and wildlife habitat. The U.S. Army Corps of Engineers (Corps) is responsible for operating the Missouri River system to serve these congressionally authorized purposes. Between 1933 and 1964, the Corps built six dams on the Missouri River to serve the water resource needs within the Missouri River basin. The resulting reservoirs form a series of lakes from Montana to the South Dakota-Nebraska border. The Corps manages the system of dams and reservoirs according to the water control plan presented in its Missouri River Mainstem Reservoir System Master Water Control Manual, which was first published in 1960 and most recently revised in 2006. The master manual provides water control criteria for the reservoir system for a spectrum of anticipated runoff conditions. Annual operating plans based on these criteria provide detailed reservoir regulation for each operating year. Four states, Iowa, Nebraska, Kansas, and Missouri, are adjacent to the Missouri River and are served by barge and other vessel traffic along …
Date: January 15, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System (open access)

Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System

Testimony issued by the Government Accountability Office with an abstract that begins "This testimony discusses GAO's January 8, 2009, report that provides a framework for modernizing the outdated U.S. financial regulatory system. GAO prepared this work under the authority of the Comptroller General to help policymakers weigh various regulatory reform proposals and consider ways in which the current regulatory system could be made more effective and efficient. This testimony (1) describes how regulation has evolved in banking, securities, thrifts, credit unions, futures, insurance, secondary mortgage markets and other important areas; (2) describes several key changes in financial markets and products in recent decades that have highlighted significant limitations and gaps in the existing regulatory system; and (3) presents an evaluation framework that can be used by Congress and others to shape potential regulatory reform efforts."
Date: January 14, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Texas Attorney General Opinion: GA-0690 (open access)

Texas Attorney General Opinion: GA-0690

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Authority of City of Texarkana municipal officers under various circumstances (RQ-0717-GA)
Date: January 14, 2009
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History
Texas Attorney General Opinion: GA-0691 (open access)

Texas Attorney General Opinion: GA-0691

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification: Whether a state judge is authorized to permit felony and misdemeanor probationers to travel temporarily outside the state or to reside outside the state (RQ-0723-GA)
Date: January 14, 2009
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History
Greenridge Multi-Pollutant Control Project Preliminary Public Design Report (open access)

Greenridge Multi-Pollutant Control Project Preliminary Public Design Report

The Greenidge Multi-Pollutant Control Project is being conducted as part of the U.S. Department of Energy's Power Plant Improvement Initiative to demonstrate an innovative combination of air pollution control technologies that can cost-effectively reduce emissions of SO{sub 2}, NO{sub x}, Hg, acid gases (SO{sub 3}, HCl, and HF), and particulate matter from smaller coal-fired electrical generating units (EGUs). The multi-pollutant control system includes a hybrid selective non-catalytic reduction (SNCR)/in-duct selective catalytic reduction (SCR) system to reduce NOx emissions by {ge}60%, followed by a Turbosorp{reg_sign} circulating fluidized bed dry scrubber system to reduce emissions of SO{sub 2}, SO{sub 3}, HCl, and HF by {ge}95%. Mercury removal of {ge}90% is also targeted via the co-benefits afforded by the in-duct SCR, dry scrubber, and baghouse and by injection of activated carbon upstream of the scrubber, as required. The technology is particularly well suited, because of its relatively low capital and maintenance costs and small space requirements, to meet the needs of coal-fired units with capacities of 50-300 MWe. There are about 440 such units in the United States that currently are not equipped with SCR, flue gas desulfurization (FGD), or mercury control systems. These smaller units are a valuable part of the nation's …
Date: January 12, 2009
Creator: Connell, Daniel P.
System: The UNT Digital Library
U.S. Postal Service: Age and Disability in the Executive Service (open access)

U.S. Postal Service: Age and Disability in the Executive Service

Correspondence issued by the Government Accountability Office with an abstract that begins "Equal opportunity in the federal workplace is intended to result in a diverse and highly qualified workforce. Such a workplace uses the talents of all employees-- without regard to factors such as employees' race, ethnicity, gender, and disability status. Diversity within an agency's senior executive ranks, including the U.S. Postal Service's (Service) Postal Career Executive Service (PCES), is particularly important because it allows agencies to draw upon a wider variety of perspectives and approaches to address the wide array of challenges facing the federal government. The Service had 959 employees in the PCES during fiscal year 2000 and 867 PCES employees during fiscal year 2007. In April 2008, we reported on the demographic representation of employees in the Service's PCES (which includes postal officers and executives) and certain levels of the Service's Executive and Administrative Schedule (a pool of candidates for the Service's managerial and executive leadership positions). We provided these data for the end of fiscal year 2007, as well as baseline data from fiscal year 1999, which we previously reported for those positions. As requested, this report provides additional information on the demographic representation of employees …
Date: January 12, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Aviation Security: TSA's Cost and Performance Study of Private-Sector Airport Screening (open access)

Aviation Security: TSA's Cost and Performance Study of Private-Sector Airport Screening

Correspondence issued by the Government Accountability Office with an abstract that begins "This report formally responds to Congress' request that GAO review the Transportation Security Administration's (TSA) Screening Partnership Program (SPP). In accordance with the Aviation and Transportation Security Act, TSA created the SPP to allow commercial airports an opportunity to apply to TSA to use private sector screeners through qualified private-screening contractors approved by TSA. In February 2008, TSA issued a report on its study comparing the cost and performance of screening services at SPP and non-SPP airports. Our briefing addresses the following questions: (1) To what extent did the design of TSA's study of the cost and performance of passenger and checked baggage screening services at selected SPP and non-SPP airports affect the usefulness of the study? (2) To what extent has TSA taken actions to identify and eliminate any unnecessary overhead/supervisory redundancies at SPP airports between TSA and contractor personnel? (3) What factors do airport operators cite as having contributed to airports' decisions about whether to participate in the SPP? We are recommending that if TSA plans to rely on its comparison of costs and performance of SPP and non-SPP airports for future decision making, the agency …
Date: January 9, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Defense Business Transformation: Status of Department of Defense Efforts to Develop a Management Approach to Guide Business Transformation (open access)

Defense Business Transformation: Status of Department of Defense Efforts to Develop a Management Approach to Guide Business Transformation

Correspondence issued by the Government Accountability Office with an abstract that begins "This letter formally transmits GAO's findings on the status of the Department of Defense's efforts to develop a management approach to guide business transformation. This work was performed under the authority of the Comptroller General to conduct evaluations on his own initiative and as part of our work for GAO's High Risk Series, January 2009 Update."
Date: January 9, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Social Security Disability: Improving Notices to Denied Claimants (open access)

Social Security Disability: Improving Notices to Denied Claimants

Correspondence issued by the Government Accountability Office with an abstract that begins "On December 17, 2008, GAO issued a report concerning our findings on the Social Security Administration's (SSA) collection of medical evidence in the disability determination process. In the course of our review, an issue arose that was outside the scope of our work but is important to how SSA communicates its disability determinations to claimants. During this review, we examined a limited random selection of electronic folders for initial disability determinations for fiscal year 2007. The folders included notices sent to each denied claimant to explain the reasons for the denial of their claim and the evidence used to make the determination. Our findings related to these notices and current SSA policy regarding them is the subject of this report. This report also contains a recommendation that warrants SSA management's consideration."
Date: January 9, 2009
Creator: United States. Government Accountability Office.
System: The UNT Digital Library
Texas Attorney General Opinion: GA-0726 (open access)

Texas Attorney General Opinion: GA-0726

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Greg Abbott, regarding a legal question submitted for clarification; Circumstances under which a foreign business entity is required to register with the Secretary of the State (RQ-0778-GA).
Date: January 9, 2009
Creator: Texas. Attorney-General's Office.
System: The Portal to Texas History