CBO
Cost Estimate
S. 1274, Railroad Employee Equity and Fairness Act
As reported by the Senate Committee on the Budget on March 6, 2024
Cost Estimate
H.R. 4175, Rebuilding Economic Prosperity and Opportunity for Ukrainians Act
March 14, 2024
As ordered reported by the House Committee on Foreign Affairs on November 7, 2023
Cost Estimate
H.R. 5450, a bill to amend the Small Business Act to modify the application of price evaluation preference for qualified HUBZone small business concerns to certain contracts, and for other purposes
March 14, 2024
As ordered reported by the House Committee on Small Business on January 31, 2024
Cost Estimate
H.R. 6156, Child Care Small Business Insight and Improvement Act of 2023
March 14, 2024
As ordered reported by the House Committee on Small Business on January 31, 2024
Cost Estimate
H.R. 6416, Russian War Crimes in Ukraine Act
March 14, 2024
As ordered reported by the House Committee on Foreign Affairs on December 13, 2023
Cost Estimate
H.R. 7103, Agency Accountability Act of 2024
March 14, 2024
As ordered reported by the House Committee on Small Business on January 31, 2024
Cost Estimate
H.R. 7104, National SBDC Advisory Board Improvement Act
March 14, 2024
As ordered reported by the House Committee on Small Business on January 31, 2024
Cost Estimate
S. 2003, Rebuilding Economic Prosperity and Opportunity for Ukrainians Act
March 14, 2024
As reported by the Senate Committee on Foreign Relations on January 30, 2024
Report
An Update About Implementing the Statutory Limits on Discretionary Funding for Fiscal Year 2024
March 13, 2024
CBO provides an update to an earlier estimate of the effects of a potential sequestration under the caps established by the Fiscal Responsibility Act of 2023.
Cost Estimate
H.R. 133, Mandating Exclusive Review of Individual Treatments (MERIT) Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 1797, Setting Consumer Standards for Lithium-Ion Batteries Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 2365, Dr. Emmanuel Bilirakis National Plan to End Parkinson’s Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 2880, Protecting Patients Against PBM Abuses Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 3230, Unfunded Mandates Accountability and Transparency Act of 2023
March 13, 2024
As ordered reported by the House Committee on Oversight and Accountability on July 12, 2023
Cost Estimate
H.R. 3842, Expanding Access to Diabetes Self-Management Training Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 3915, Aviation Weather Improvement Act
March 13, 2024
As reported by the House Committee on Science, Space, and Technology on September 21, 2023
Cost Estimate
H.R. 4310, Youth Poisoning Protection Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 4881, a bill to amend title XVIII of the Social Security Act to limit cost sharing for drugs under the Medicare program March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5202, Virginia Graeme Baker Pool and Spa Safety Reauthorization Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5371, Choices for Increased Mobility Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5372, Expanding Seniors’ Access to Lower Cost Medications Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5380, a bill to amend title XVIII of the Social Security Act to increase data transparency for supplemental benefits under Medicare Advantage
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5385, Medicare PBM Accountability Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5386, Cutting Copays Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5388, Supporting Innovation for Seniors Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5389, National Coverage Determination Transparency Act
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5393, a bill to amend title XVIII of the Social Security Act to ensure fair assessment of pharmacy performance and quality under Medicare Part D, and for other purposes
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5396, Coverage Determination Clarity Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5397, Joe Fiandra Access to Home Infusion Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 5555, DMEPOS Relief Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 6132, Awning Safety Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 6364, Medicare Telehealth Privacy Act of 2023
March 13, 2024
As ordered reported by the House Committee on Energy and Commerce on December 6, 2023
Cost Estimate
H.R. 6603, No Technology for Terror Act
March 13, 2024
As ordered reported by the House Committee on Foreign Affairs on February 6, 2024
Cost Estimate
Legislation considered under suspension of the Rules of the House of Representatives during the week of March 18, 2024
March 13, 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
S. 142, Preserve Access to Affordable Generics and Biosimilars Act
March 13, 2024
As reported by the Senate Committee on the Judiciary on March 1, 2023
Cost Estimate
S. 148, Stop STALLING Act
March 13, 2024
As reported by the Senate Committee on the Judiciary on March 1, 2023
Cost Estimate
H.R. 3391, Gabriella Miller Kids First Research Act 2.0
March 12, 2024
As passed by the House of Representatives on March 5, 2024
Blog Post
CBO to Release Long-Term Budget Projections on March 20
March 12, 2024
CBO will publish "The Long-Term Budget Outlook: 2024 to 2054" on March 20 at 2 p.m. The report will provide projections of federal spending, revenues, deficits, and debt for the next 30 years.
Cost Estimate
H.R. 1792, South Pacific Tuna Treaty Act of 2023
March 12, 2024
As ordered reported by the House Committee on Natural Resources on October 26, 2023
Cost Estimate
H.R. 5890, Review Every Veterans Claim Act of 2023
March 12, 2024
As ordered reported by the House Committee on Veterans’ Affairs on December 5, 2023
GAO
Wildfire Disasters:
Opportunities to Improve Federal Response, Recovery, and Mitigation Efforts
GAO-24-107382
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
Wildfires are growing in size and severity, and the nation is experiencing longer wildfire seasons. In August 2023, the deadliest U.S. wildfire in over a century was on the island of Maui in Hawaii. Numerous federal departments and agencies have roles in wildfire preparedness, response, and recovery. Demand for related federal programs and resources is expected to increase. We testified on: Our ongoing work looking...
Medicaid Managed Care:
Additional Federal Action Needed to Fully Leverage New Appeals and Grievances Data
GAO-24-106627
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
Because states pay Medicaid managed care plans per enrollee—rather than per service—there can be financial incentives for plans to deny or limit needed services. As a safeguard, enrollees can appeal service denials and file grievances if dissatisfied. Starting in 2022, states were required to report some data on appeals and grievances to the Centers for Medicare & Medicaid Services annually. But CMS's oversight is limited...
Intellectual Property:
Stronger Fraud Risk Management Could Improve the Integrity of the Trademark System
GAO-24-106533
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
A trademark is a word, phrase, or symbol that identifies a product or service. Trademarks registered with the U.S. Patent and Trademark Office must be tied to goods or services that are being sold. In recent years, an influx of applications included many trademarks that aren't in use. Registrations for such trademarks may include false or inaccurate claims and could be fraudulent. In 2022, USPTO...
Defense Contracts:
Better Monitoring Could Improve DOD's Management of Award Lead Times
GAO-24-106528
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
Before awarding contracts, the government needs time for tasks like evaluating proposals and negotiating to ensure taxpayer funds are spent wisely. That priority is balanced with the need to deliver goods and services quickly. The Department of Defense is working to reduce the time needed for awarding contracts. Award lead times can be a good indicator of contract timeliness. Over the last 4 years, DOD...
Civilian Harm:
DOD Should Take Actions to Enhance Its Plan for Mitigation and Response Efforts
GAO-24-106257
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
In August 2022, the Department of Defense issued a plan to improve how it protects civilians from harm during U.S. military operations. DOD has worked to address the plan's 11 objectives, initially focusing on the 5 deemed most critical. For example, the Army is leading a DOD-wide study to see what personnel are needed to implement the plan. But DOD hasn't addressed 2 key challenges—DOD...
Central America:
USAID Should Strengthen Staffing and Fraud Risk Management for Initiative Addressing Migration to the U.S. GAO-24-106232
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
In 2021, USAID announced Centroamérica Local, a 5-year, $300 million initiative that is empowering local organizations in El Salvador, Guatemala, and Honduras to address the root causes of migration to the U.S.—such as poverty, corruption, and violence. Our review of the initiative found: USAID's offices in the 3 countries asked for more staff but haven't yet gotten what they need USAID has taken steps to...
Advanced Air Mobility:
Legal Authorities and Issues to Consider for Operations
GAO-24-106451
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
Advanced Air Mobility is an emerging aviation concept that will use new types of aircraft and technology, such as electric aircraft that can take off and land vertically. Before new aircraft can be used, the FAA needs to certify the designs and regulate how they are operated. In the near term, the FAA plans to use a combination of existing requirements—like air traffic control procedures—and...
Surface Transportation:
DOT Considers Multiple Factors when Choosing the Volpe Center to Conduct Research
GAO-24-106287
Published: Mar 14, 2024
Publicly Released: Mar 14, 2024
The Department of Transportation funds research aimed at making the nation's transportation system safer and more efficient. DOT agencies, nonfederal entities, and the Volpe Center—DOT's fee-for-service innovation center—conduct research. Five DOT agencies committed a total of $50.5 million—13% of their total fiscal year 2022 research funding—to the Volpe Center. The remaining 87% went to universities, businesses, and other entities. DOT officials said they choose to...
Freedom of Information Act:
Additional Guidance and Reliable Data Can Help Address Agency Backlogs
GAO-24-106535
Published: Mar 7, 2024
Publicly Released: Mar 13, 2024
The Freedom of Information Act requires federal agencies to provide public access to government information. Agencies generally must process FOIA requests within 20 working days, but the government-wide backlog of requests grew over the last decade. Agency FOIA officers cited factors such as staffing challenges and complex requests as contributing to backlogs. The Justice Department, which helps agencies administer FOIA, could improve its backlog guidance...
Ukraine:
DOD Should Improve Data for Both Defense Article Delivery and End-Use Monitoring
GAO-24-106289
Published: Mar 13, 2024
Publicly Released: Mar 13, 2024
Since February 2022, the U.S. has provided more than $40 billion in security assistance to Ukraine, including an unprecedented amount of equipment. DOD has been delivering this equipment rapidly, sometimes taking days to complete deliveries that typically take weeks. But DOD doesn't have clear guidance for tracking equipment deliveries, and its delivery data may not be accurate. Also, DOD modified its monitoring approach during the...
Grants:
AmeriCorps Should Take Multiple Actions to Better Manage Fraud Risks
GAO-24-106564
Published: Mar 13, 2024
Publicly Released: Mar 13, 2024
AmeriCorps funds grants—over $900 million in FY 2023—for volunteer and national service programs to address a range of community needs across the country. These grants support projects in areas like disaster recovery, educational support, and environmental stewardship. AmeriCorps has taken some steps to manage potential fraud in its grant programs, such as developing training on what fraud might look like. But it hasn't considered the...
FEMA:
Opportunities Exist to Address Mission Challenges and Increased Workload
GAO-24-107351
Published: Mar 12, 2024
Publicly Released: Mar 12, 2024
The Federal Emergency Management Agency leads our nation's effort to prepare for, respond to, and recover from disasters. In recent years, FEMA has been called on to help in even more emergencies—stretching its workforce and resources. In this testimony, we discuss our prior work on FEMA's response to challenges such as COVID-19 and sheltering at the southern border. We also discuss FEMA's longstanding challenges related...
Educación Superior:
Las Instituciones de Servicio a Hispanos informaron de grandes necesidades de instalaciones e infraestructura digital GAO-24-107052
Published: Mar 12, 2024
Publicly Released: Mar 12, 2024
To see the version of this page in English, see GAO-24-106162 . Las Instituciones de Servicio a Hispanos (HSI, por sus siglas en inglés), es decir, las universidades con una matrícula de estudiantes universitarios de al menos el 25 por ciento de hispanos, educaron más de 2 millones de estudiantes hispanos durante el año escolar de 2021 a 2022. Sin embargo, estas universidades tienen grandes...
Higher Education:
Hispanic-Serving Institutions Reported Extensive Facility and Digital Infrastructure Needs
GAO-24-106162
Published: Mar 12, 2024
Publicly Released: Mar 12, 2024
Para la versión de esta página en español, ver a GAO-24-107052 . Hispanic-Serving Institutions—colleges with an undergraduate student enrollment that is at least 25% Hispanic—educated over 2 million Hispanic students during the 2021-2022 school year. But these colleges have extensive facility needs. Many have maintenance backlogs, damage from natural disasters, and facilities that need modernization. These colleges also have technology needs—to improve student internet access...
IASB
Join the staff—Research & Project Assistant
Careers
18 March 2024
March 2024 IFRIC Update now available
Update
18 March 2024
IASB consults on proposals to improve reporting of acquisitions
Consultation
14 March 2024
March 2024 Accounting Standards Advisory Forum agenda and meeting papers now available
Meeting
12 March 2024
February 2024 monthly news summary
News Summary
11 March 2024
IRS
IRS provides more information in various languages; part of ongoing transformation effort to expand services to taxpayers
IR-2024-73, March 15, 2024 — The Internal Revenue Service today reminded individuals and businesses that the agency continues to increase the amount of information available in multiple languages.
March 22 deadline approaching to resolve incorrect Employee Retention Credit claims; IRS urges businesses to review questionable claims to avoid future compliance action
IR-2024-72, March 15, 2024 — With a key March 22 deadline rapidly approaching, the Internal Revenue Service renewed calls for businesses to review the Employee Retention Credit guidelines to avoid future compliance action for improper claims.
Tax Time Guide: Escape penalties and interest with electronic payment options on IRS.gov
IR-2024-71, March 14, 2024 ― With the April 15 filing deadline approaching, the Internal Revenue Service encourages taxpayers who may find it difficult to gather the necessary documents they need to file or pay the taxes they owe to consider several options offered on IRS.gov to avoid late filing and interest penalties.
Joint Board extends waiver of physical presence education requirement for enrolled actuaries
IR-2024-70, March 13, 2024 — The Joint Board for the Enrollment of Actuaries is retroactively extending the temporary waiver of its physical presence requirement for continuing professional education (CPE) programs and is proposing regulations to eliminate this in-person requirement altogether.
IRS names Guy Ficco new Criminal Investigation chief
IR-2024-69, March 13, 2024 — The Internal Revenue Service announced today that Guy Ficco will become the new IRS Criminal Investigation chief effective on April 1.
Direct File officially opens in 12 pilot states following positive early reviews; eligible taxpayers can file online directly with the IRS for free
IR-2024-68, March 12, 2024 — The Internal Revenue Service announced today the full-scale launch of the innovative Direct File pilot and encouraged eligible taxpayers in 12 states to try the new service to file their tax returns online for free directly with the IRS.
NYS
One Month Until Tax Day: File Your Tax Return Simply and Quickly
March 15, 2024
Direct File pilot program opens to all eligible NY taxpayers
March 11, 2024
SEC
SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence
Washington D.C., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading statements about their purported use of artificial intelligence (AI). The firms agreed to settle the SEC’s charges and pay $400,000 in total civil penalties.
SEC Charges 17 Individuals in $300 Million Crypto Asset Ponzi Scheme Targeting the Latino Community
2024-35
Washington D.C., March 14, 2024 — The Securities and Exchange Commission today charged 17 individuals for their roles in a $300 million Ponzi scheme that involved Houston, Texas-based CryptoFX LLC and targeted more than 40,000 predominantly Latino investors in the U.S. and two other countries. Today’s complaint follows the SEC’s successful emergency action in September 2022 that halted the CryptoFX scheme and charged its two main principals, Mauricio Chavez and Giorgio Benvenuto.
SEC Charges Tallgrass Energy’s Former Board Member Roy Cook and Four Others with Insider Trading in Advance of Blackstone Acquisition
2024-34
Washington D.C., March 12, 2024 — The Securities and Exchange Commission today announced insider trading charges against Roy Cook, a former board member of Tallgrass Energy LP, and four of his friends for trading on material nonpublic information in advance of a public announcement that Blackstone Infrastructure Partners had offered to acquire Tallgrass and take it private. The SEC also charged Cook for failing to file required disclosure reports concerning securities transactions by family trusts. All five of the defendants agreed to settlements that, in aggregate, include more than $2.2 million in disgorgement, prejudgment interest, and civil penalties.
SEC Charges Skechers with Making Undisclosed Payments to Executives’ Family Members
2024-33
Washington D.C., March 7, 2024 — The Securities and Exchange Commission today announced that Skechers U.S.A. Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members. Skechers agreed to pay a $1.25 million civil penalty to settle the SEC’s charges.
TIGTA
Inflation Reduction Act: Continued Assessment of Transformation Efforts – Evaluation of Fiscal Year 2023 Delivery of Initiatives
March 11, 2024