AICPA
U.S. CPA Examination is Now Offered in The Philippines
July 16, 2024
CBO
Cost Estimate
H.R. 7189, Congenital Heart Futures Reauthorization Act of 2024
July 19, 2024
As reported by the House Committee on Energy and Commerce on May 22, 2024
Cost Estimate
Legislation considered under suspension of the Rules of the House of Representatives during the week of July 22, 2024
July 19, 2024
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
Cost Estimate
H.R. 4574, Cooperation on Combatting Human Smuggling and Trafficking Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 6229, DHS Special Events Program and Support Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 7025, United States Commission on International Religious Freedom Reauthorization Act of 2024
July 18, 2024
As ordered reported by the House Committee on Foreign Affairs on July 11, 2024
Cost Estimate
H.R. 8150, REVAMP Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8315, Enhancing National Frameworks for Overseas Restriction of Critical Exports Act
July 18, 2024
As ordered reported by the House Committee on Foreign Affairs on May 22, 2024
Cost Estimate
H.R. 8631, Decoupling from Foreign Adversarial Battery Dependence Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8654, Streamlining Law Enforcement Information Sharing Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8655, Federal Air Marshal Enhancing Airport Security Act of 2024
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8658, Emerging Digital Identity Ecosystem Report Act of 2024
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8662, TSA Commuting Fairness Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8663, DETECT Fentanyl and Xylazine Act of 2024
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8664, DHS Intelligence and Analysis Oversight and Transparency Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8671, DHS Intelligence Rotational Assignment Program and Law Enforcement Support Act
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 8675, Repair the National Law Enforcement Telecommunications Systems Act of 2024
July 18, 2024
As ordered reported by the House Committee on Homeland Security on June 12, 2024
Cost Estimate
H.R. 5015, Seedlings for Sustainable Habitat Restoration Act of 2024
July 17, 2024
As ordered reported by the House Committee on Natural Resources on April 16, 2024
Cost Estimate
Estimated Budgetary Effects of S. 4367, the Water Resources Development Act of 2024
July 17, 2024
As reported by the Senate Committee on Environment and Public Works on May 22, 2024
Cost Estimate
H.R. 1753, a bill to ensure that certain members of the Armed Forces who served in female cultural support teams receive proper credit for such service
July 17, 2024
As ordered reported by the House Committee on Veterans’ Affairs on December 5, 2023
Cost Estimate
H.R. 3161, CDFI Fund Transparency Act
July 17, 2024
As ordered reported by the House Committee on Financial Services on May 16, 2024
Cost Estimate
H.R. 4116, Systemic Risk Authority Transparency Act
July 17, 2024
As ordered reported by the House Committee on Financial Services on April 17, 2024
Cost Estimate
H.R. 6160, a bill to amend the Public Health Service Act to reauthorize a lifespan respite care program
July 17, 2024
As reported by the House Committee on Energy and Commerce on May 21, 2024
Cost Estimate
H.R. 7406, DeOndra Dixon INCLUDE Project Act of 2024
July 17, 2024
As reported by the House Committee on Energy and Commerce on May 14, 2024
Cost Estimate
H.R. 8152, Remote Access Security Act
July 17, 2024
As ordered reported by the House Committee on Foreign Affairs on May 16, 2024
Cost Estimate
H.R. 8302, HUD Evaluation and Optimization Commission Act of 2024
July 17, 2024
As reported by the House Committee on Financial Services on May 16, 2024
Cost Estimate
H.R. 8335, Billion Dollar Boondoggle Act
July 17, 2024
As ordered reported by the House Committee on Oversight and Accountability on May 15, 2024
Cost Estimate
H.R. 8450, Phosphate and Potash Protection Act of 2024
July 17, 2024
As ordered reported by the House Committee on Natural Resources on June 12, 2024
Cost Estimate
S. 4293, a bill to designate the United States courthouse annex located at 310 South Main Street in London, Kentucky, as the “Eugene E. Siler, Jr. United States Courthouse Annex”
July 17, 2024
As reported by the Senate Committee on Environment and Public Works on June 3, 2024
Presentation
CBO’s Economic Forecast: Understanding Productivity Growth
July 16, 2024
Presentation by Aaron Betz, an analyst in CBO’s Macroeconomic Analysis Division, at the NABE Foundation's 21st Annual Economic Measurement Seminar.
Cost Estimate
H.R. 1437, Black Vulture Relief Act of 2024
July 16, 2024
As ordered reported by the House Committee on Natural Resources on June 12, 2024
Cost Estimate
H.R. 3507, Yes in My Backyard Act
July 16, 2024
As ordered reported by the House Committee on Financial Services on May 16, 2024
Cost Estimate
S. 199, Root and Stem Project Authorization Act of 2023
July 16, 2024
As reported by the Senate Committee on Energy and Natural Resources on July 11, 2023
Cost Estimate
S. 4305, DHS Better Ballistic Body Armor Act
July 16, 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on May 15, 2024
GAO
VA Disability Benefits:
Training for Claims Processors Needs to Be Enhanced
GAO-24-107510
Published: . Publicly Released: .
In 2023, the Veterans Benefits Administration processed over 2.2 million claims for disability compensation and provided about $136 billion in benefits to veterans with service-connected disabilities. VBA trains thousands of claims processors annually to help them correctly decide veterans' claims. In this testimony, we discuss VBA's progress on our prior recommendations to improve how it plans, designs, implements, and evaluates its training program. As of...
Medicaid:
Federal Oversight of State Eligibility Redeterminations Should Reflect Lessons Learned after COVID-19
GAO-24-106883
Published: . Publicly Released: .
States must determine whether everyone on their Medicaid rolls is still eligible for the program each year. To do so, states should check paperwork, verify income data, and more. Full redeterminations were paused during the pandemic but resumed in April 2023. Millions are expected to lose coverage, including some eligible people. Our Q&A reports that federal Medicaid officials found many states didn't do them properly...
Financial Services Regulations:
Improvements Needed to Policies and Procedures for Regulatory Analysis
GAO-24-106206
Published: . Publicly Released: .
After the 2007-2009 financial crisis, regulators issued rules to help banks withstand financial and economic stresses. In doing so, they should have assessed the potential and actual effects—such as costs and benefits—of proposed and final rules. But bank regulators didn't consistently document their analyses of proposed rules and did few reviews of existing rules. The Federal Reserve also hasn't updated its policies for assessing rules...
Nuclear Waste Cleanup:
Changes Needed to Address Current and Growing Shortages in Mission-Critical Positions
GAO-24-106479
Published: . Publicly Released: .
The Department of Energy's Office of Environmental Management relies on federal staff to oversee its nuclear waste cleanup from decades of nuclear weapons production and research at locations across the country. Staff at this office oversee cleanup activities such as remediating soil and groundwater and treating radioactive waste. However, we found that this office continues to be understaffed. At the end of FY 2023, it...
Spectrum Management:
Key Practices Could Help Address Challenges to Improving Receiver Performance
GAO-24-106325
Published: . Publicly Released: .
The FCC and the National Telecommunications and Information Administration regulate use of radio-frequency spectrum in the U.S. to help ensure there's enough for airplane equipment, cell phones, and other wireless devices. Improving the devices that receive radio signals could reduce interference, allowing more devices to share spectrum. Why has it been so hard to improve receivers? As an example, older receivers were not designed to...
Weapon Systems Annual Assessment:
DOD Is Not Yet Well-Positioned to Field Systems with Speed [Reissued with revisions on Jul. 18, 2024]
GAO-24-106831
Published: . Publicly Released: .
Our 22nd annual assessment of DOD's weapon systems acquisition finds DOD still struggling to deliver new technologies quickly, even while faced with constantly evolving threats. DOD acknowledged it needed a new approach—creating acquisition pathways to speed up processes. But some programs in the new pathways likely won't deliver much faster than traditional programs. Also, DOD only reported plans to take full advantage of leading product...
Army Corps of Engineers:
Rental Rates for Concession Operations Need Biennial Review
GAO-24-107208
Published: . Publicly Released: .
Private businesses sign leases with the Army Corps of Engineers for the right to sell food, fuel, and other concessions at its public recreational facilities like marinas and campgrounds. This Q&A report explores the Corps' review of such agreements. When it set rental rates back in 1994, the Corps considered opportunities for concession operators to make a fair profit. But it has no documentation to...
Army Corps of Engineers:
Additional Steps Needed to Implement Acceleration Reforms
GAO-24-107072
Published: . Publicly Released: .
The Army Corps of Engineers conducts feasibility studies to determine whether and how to do water resources projects—e.g., manage flood risks. These studies are to be completed within 3 years, but have often been delayed. A 2014 law set forth 19 reforms to speed up these studies. This Q&A reports that the Corps has taken steps to address 15 of these reforms, but not the...
Army Modernization:
Actions Needed to Support Fielding New Equipment
GAO-24-107566
Published: . Publicly Released: .
The Army has been trying to develop weapons and equipment and put them into use faster. Since FY 2021, the Army has used new approaches to rapidly develop multiple types of modernized equipment. It has fielded 6 new equipment priorities, including upgraded air and missile defenses. It has invested $46.5 billion in these efforts. But sometimes, the Army has put new equipment into the field...
DOD and VA Health Care:
Actions Needed to Better Facilitate Access to Mental Health Services During Military to Civilian Transitions
GAO-24-106189
Published: . Publicly Released: .
Thousands of service members transition from military to civilian life each year. To help those who may need mental health support, DOD automatically enrolls service members who had a mental health appointment in the year prior to separation in its "inTransition" program. In 2022, inTransition identified 85% of its enrollees this way. But inTransition doesn't conduct outreach to these enrollees until 2-3 months after their...
IASB
IASB to publish three Exposure Drafts
Forthcoming publication
22 July 2024
May 2024 Due Process Oversight Committee meeting summary now available
Meeting
19 July 2024
New webcast: Overview of ESRS–ISSB Standards Interoperability Guidance
Webcast
18 July 2024
IASB issues annual improvements to IFRS Accounting Standards
Amendment
18 July 2024
June 2024 IFRS Foundation Trustees meeting summary now available
Meeting
17 July 2024
IRS
Treasury, IRS issue updated guidance on required minimum distributions from IRAs, other retirement plans; generally retains proposed rules
IR-2024-190, July 18, 2024 — The Department of the Treasury and the Internal Revenue Service today issued final regulations updating the required minimum distribution (RMD) rules.
IRS enhances FATCA registration website by requiring users to establish multi-factor authentication
IR-2024-189, July 17, 2024 — The IRS today announced the agency will enhance the identity authentication process that financial institutions can use to register under the Foreign Account Tax Compliance Act (FATCA).
Security Summit warns tax pros to remain vigilant against phishing emails and cloud-based attacks
IR-2024-188, July 16, 2024 — In the second installment of a special series, the IRS and Security Summit partners warned tax professionals to be aware of evolving phishing scams and cloud-based schemes designed to steal sensitive taxpayer information.
IRS warns taxpayers about misleading claims about non-existent “Self Employment Tax Credit;” promoters, social media peddling inaccurate eligibility suggestions
IR-2024-187, July 15, 2024 — The IRS issued a consumer alert today following bad advice circulating on social media about a non-existent “Self Employment Tax Credit” that’s misleading taxpayers into filing false claims.
SEC
SEC Launches Interagency Securities Council to Coordinate Enforcement Efforts Across Federal, State, and Local Agencies 2024-86
Washington D.C., July 19, 2024 — The Securities and Exchange Commission’s Division of Enforcement this month launched the Interagency Securities Council (ISC), which invites federal, state, and local regulatory and law enforcement professionals to meet quarterly to discuss the latest in scams, trends, frauds, and mitigation strategies.
SEC Awards More Than $37 Million to a Whistleblower
2024-85Washington D.C., July 17, 2024 — The Securities and Exchange Commission today announced an award of more than $37 million to a whistleblower who provided information not previously known to the SEC and which significantly contributed to a successful enforcement action. The whistleblower also met with Enforcement staff and identified potential witnesses and documents, which conserved staff time and resource