CBO
Presentation
Effects of Extreme Temperatures From Climate Change on the Medicare Population: Preliminary Results
Presentation by Jared Jageler, David Adler, Noelia Duchovny, and Evan Herrnstadt, analysts in CBO’s Microeconomic Studies and Health Analysis Divisions, at the Association of Environmental and Resource Economists Summer Conference.
Cost Estimate
H.R. 7980, End Chinese Dominance of Electric Vehicles in America Act of 2024
As ordered reported by the House Committee on Ways and Means on April 17, 2024
Cost Estimate
H.R. 8290, Foreign Grant Reporting Act
As ordered reported by the House Committee on Ways and Means on May 15, 2024
Cost Estimate
H.R. 8292, Taxpayer Data Protection Act
As ordered reported by the House Committee on Ways and Means on May 15, 2024
Cost Estimate
H.R. 8293, American Donor Privacy and Foreign Funding Transparency Act
As ordered reported by the House Committee on Ways and Means on May 15, 2024
Cost Estimate
H.R. 8310, Bipartisan Building Relationships and Increasing Democratic Governance through Engagement to DRC Act of 2024
As ordered reported by the House Committee on Foreign Affairs on May 16, 2024
Cost Estimate
H.R. 8314, No Foreign Election Interference Act
As ordered reported by the House Committee on Ways and Means on May 15, 2024
Cost Estimate
H.R. 7321, Electronic Filing of Electioneering Communication Reports Act
As ordered reported by the House Committee on House Administration on February 14, 2024
Report
Answer to a Question for the Record Following a Hearing on CBO’s Request for Appropriations for Fiscal Year 2025
The Subcommittee on the Legislative Branch of the Senate Committee on Appropriations convened a hearing at which Phillip L. Swagel, CBO's Director, testified. This document provides CBO’s answer to a question submitted for the record.
Cost Estimate
H.R. 1240, Winnebago Land Transfer Act of 2023
As ordered reported by the Senate Committee on Indian Affairs on May 1, 2024
Cost Estimate
H.R. 2499, VA Supply Chain Management Systems Authorization Act
As ordered reported by the House Committee on Veterans’ Affairs on May 1, 2024
Cost Estimate
H.R. 2950, Coastal Habitat Conservation Act of 2023
As ordered reported by the House Committee on Natural Resources on January 17, 2024
Cost Estimate
H.R. 7326, a bill to amend chapters 4, 10, and 131 of title 5, United States Code, as necessary to keep those chapters current and to correct related technical errors
As ordered reported by the House Committee on the Judiciary on February 15, 2024
Cost Estimate
H.R. 7433, Law Enforcement Support and Transnational Repression Act
As ordered reported by the House Committee on Homeland Security on April 10, 2024
Cost Estimate
S. 1524, Expanding Whistleblower Protections for Contractors Act of 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on March 6, 2024
Cost Estimate
S. 2190, RECOUP Act of 2023
As reported by the Senate Committee on Banking, Housing, and Urban Affairs on June 22, 2023
Cost Estimate
S. 3071, Disaster Management Costs Modernization Act
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on October 25, 2023
Blog Post
CBO Presents Initial Estimates of Taxpayers by Race and Ethnicity
CBO published initial results of the distribution of income by race and ethnicity in "AEA Papers and Proceedings."
Cost Estimate
Direct Spending and Revenue Effects of H.R. 8070, the Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025
Letter to the Honorable Mike Rogers
Cost Estimate
H.R. 3400, Small Businesses before Bureaucrats Act
As reported by the House Committee on Education and the Workforce on January 11, 2024
Cost Estimate
H.R. 6864, HUD Accountability Act of 2024
As ordered reported by the House Committee on Financial Services on February 29, 2024
Cost Estimate
H.R. 7218, BOLD Infrastructure for Alzheimer’s Reauthorization Act of 2024
As reported by the House Committee on Energy and Commerce on May 21, 2024
Cost Estimate
Legislation considered under suspension of the Rules of the House of Representatives during the week of June 3, 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. 4024, BEST Technology for the Homeland Act
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on April 10, 2024
Cost Estimate
S. 4036, Government Spending Oversight Act of 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on April 10, 2024
Cost Estimate
H.J. Res. 116, a joint resolution providing for Congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to “Employee or Independent Contractor Classification Under the Fair Labor Standards Act”
May 28, 2024
As reported by the House Committee on Education and the Workforce on April 5, 2024
H.R. 7988 SPUR Act
May 28, 2024
As ordered reported by the House Committee on Small Business on April 17, 2024
GAO
Priority Open Recommendations:
Securities and Exchange Commission
GAO-24-107293
Published:
Publicly Released:
Each year, we make more than 1,000 recommendations to help the federal government save money, address issues on our High Risk List, and significantly improve government operations. This letter to the Securities and Exchange Commission outlines 1 open recommendation that it should prioritize. Bankruptcies and fraud involving blockchain-related products and services—e.g., cryptocurrencies—have raised concerns about consumer risk. SEC and the other financial regulators should coordinate...
Priority Open Recommendations:
Board of Governors of the Federal Reserve System
GAO-24-107295
Published:
Publicly Released:
Each year, we make more than 1,000 recommendations to help the federal government save money, address issues on our High Risk List, and significantly improve government operations. This letter to the Federal Reserve outlines 2 open recommendations that it should prioritize. For example, the Federal Reserve should work with other federal banking regulators to communicate appropriate uses of alternative data sources—such as rent or utility...
People with Disabilities:
Information on the Health Care Workforce and Provider Training
GAO-24-106789
Published:
Publicly Released:
In 2021, about 13% of people in the U.S. reported having a disability, including trouble walking, cognitive or hearing impairments, and difficulty living independently. People with disabilities also experience challenges accessing health care and may not always receive appropriate care. Our Q&A report shows that most health care providers would benefit from more training on meeting the needs of people with disabilities—even though such training...
Ukraine:
Status and Use of Supplemental U.S. Funding, as of First Quarter, Fiscal Year 2024
GAO-24-107232
Published:
Publicly Released:
Congress responded to Russia's invasion of Ukraine with funding of about $176 billion for U.S. agencies to provide arms to Ukraine, aid civilians, impose sanctions, and more. Most of these funds were for the U.S. response to the Ukraine crisis; some were specified for other purposes. For example, the State Department also responded to other humanitarian crises. This Q&A report examines the status of the...
Drug Control:
DEA Should Improve Its Religious Exemptions Petition Process for Psilocybin (Mushrooms) and Other Controlled Substances
GAO-24-106630
Published:
Publicly Released:
Psilocybin is a hallucinogenic controlled substance found in some mushrooms. Generally, it's a federal crime to possess, manufacture, or distribute it. But researchers are studying it for therapeutic use. Also, people may petition the Drug Enforcement Administration for exemptions to the Controlled Substances Act to use it—or other controlled substances—for religious purposes. DEA has established a process for these petitions, but its guidance doesn't set...
Science & Tech Spotlight:
Hydrogen Uses
GAO-24-107489
Published:
Publicly Released:
Depending on how it is produced, hydrogen could play a significant role in reducing greenhouse gases and pollution. This Spotlight examines some potential benefits and challenges to expanding its use. For example, hydrogen-powered cars are being built, but there aren't many places to refuel, and it can be expensive. Hydrogen can be mixed with natural gas to generate electricity, but it burns hot and may...
National Nuclear Security Administration:
Improvements Needed for Overseeing Contractor Workforce Recruitment and Retention Efforts
GAO-24-106861
Published:
Publicly Released:
The National Nuclear Security Administration relies on management and operating contractors to help carry out the agency's mission, especially as its research, production, and modernization efforts increase. NNSA's contractors have generally recruited and retained enough employees to meet staffing goals, but face challenges doing so. For example, NNSA has to approve contractors' requests to add some benefits—such as paid paternity leave—to their compensation packages. Contractors...
National Nuclear Security Administration:
Actions to Recruit and Retain Federal Staff Could Be Improved
GAO-24-106167
Published:
Publicly Released:
The National Nuclear Security Administration is responsible for the nation's nuclear weapons stockpile and nonproliferation efforts. Its federal workforce of about 1,800 staff oversees over 55,000 contractors. NNSA faces challenges recruiting and retaining federal staff, partly because of intense competition with other agencies and the private sector for skills that are in high demand. The agency has increased outreach and offered incentive payments to help...
U.S. Postal Service:
Inspection Service Should Document Its Law Enforcement Workforce Decision-Making Processes
GAO-24-106497
Published:
Publicly Released:
Serious crime cases against postal workers and property doubled over 2019-2023, from about 600 to nearly 1,200 cases. Robbery of postal workers, including letter carriers, grew nearly sevenfold in this time. The U.S. Postal Inspection Service's law enforcement employees respond to and try to prevent these crimes, often with the help of local police. For example, the Inspection Service may launch special operations in areas...
Navy Frigate:
Unstable Design Has Stalled Construction and Compromised Delivery Schedules
GAO-24-106546
Published:
Publicly Released:
When the Navy planned to acquire guided missile frigates—a class of small warship—it took steps aimed at delivering these ships faster. For example, to reduce the risk of design and technology problems, it chose to use many technologies that had already been proven on other ships. However, the Navy undercut this approach by starting construction on the first frigate before finishing its design, among other...
Medicaid:
Managed Care Plans’ Prior Authorization Decisions for Children Need Additional Oversight
GAO-24-106532
Published:
Publicly Released:
States contract with managed care plans to pay for Medicaid services. Plans can generally keep Medicaid funds that aren't spent on services, which may create incentives for plans to deny services. Managed care plans require providers to get prior authorization for some services to ensure they're needed. Children covered by Medicaid are entitled to a comprehensive set of diagnostic and treatment services—but sometimes, they are...
Higher Education:
Education Could Improve Information on Accommodations for Students with Disabilities
GAO-24-105614
Published:
Publicly Released:
The percentage of college students with disabilities has grown since 2004—largely due to more students reporting mental health conditions. Some students with disabilities face challenges in college because they don't know they should request and self-advocate for reasonable accommodations. The Department of Education has issued tips for students on this topic that may not reach them. And college staff said Education doesn't notify people when...
IASB
June 2024 joint Capital Markets Advisory Committee and Global Preparers Forum agenda and meeting papers now available
Meeting
3 June 2024
Watch video overview about request for fieldwork participants to IFRS Accounting Taxonomy 2024—Proposed Update 1 IFRS 18
Consultation
3 June 2024
June 2024 IFRS Interpretations Committee agenda and meeting papers now available
Meeting
31 May 2024
June 2024 Transition Implementation Group on IFRS S1 and IFRS S2 agenda and meeting papers now available
Meeting
31 May 2024
Join the staff—Operations Partner
Careers
31 May 2024
Join the staff—ISSB Technical Staff
Careers
30 May 2024
IASB issues narrow-scope amendments to classification and measurement requirements for financial instruments
Amendment
30 May 2024
May 2024 IASB podcast now available
Podcast
29 May 2024
IFRS Foundation and African Development Bank to join forces to promote sustainability-related financial disclosures
Announcement
28 May 2024
May 2024 IASB Update now available
Update
28 May 2024
IRS
IRS announces tax relief for taxpayers impacted by severe storms and flooding in Massachusetts; various deadlines postponed to July 31
IR-2024-154, May 31, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in parts of Massachusetts affected by severe storms and flooding that began on Sept. 11, 2023.
Treasury, IRS issue guidance on Clean Fuel Production Credit
IR-2024-153, May 31, 2024 — The Treasury Department and Internal Revenue Service today issued Notice 2024-49 for the Clean Fuel Production Credit.
Fumi Tamaki selected as new IRS Chief Taxpayer Experience Officer
IR-2024-152, May 30, 2024 — The Internal Revenue Service announced today the selection of Fumino (Fumi) Tamaki as the agency’s new Chief Taxpayer Experience Officer.
IRS makes Direct File a permanent option to file federal tax returns; expanded access for more taxpayers planned for the 2025 filing season
IR-2024-151, May 30, 2024 — Following a successful filing season pilot and feedback from a variety of partners, the Internal Revenue Service announced today that it will make Direct File a permanent option for filing federal tax returns starting in the 2025 tax season.
Treasury, IRS issue proposed regulations for owners of qualified clean electricity facilities and energy storage technologies
IR-2024-150, May 29, 2024 — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations under the Inflation Reduction Act for owners of qualified clean electricity facilities and energy storage technology that may want to claim relevant tax credits.
NYS
Received a Bill from the NYS Tax Department? Take Advantage of Convenient Payment Options
May 30, 2024
SEC
SEC Charges Robert Scott Murray and Trillium Capital with Fraudulent Scheme to Manipulate Getty Images Stock
2024-66
Washington D.C., May 31, 2024 — The Securities and Exchange Commission today charged Robert Scott Murray and Trillium Capital LLC, a private company controlled by Murray, with a fraudulent scheme to manipulate the stock price of Getty Images Holdings Inc. by announcing a phony offer by Trillium to purchase Getty Images. Murray, of Mashpee, Mass., is a former CEO and CFO of several publicly traded companies.
SEC Investor Advisory Committee to Examine the New Frontier for Investment Advice and Discuss AI Regulation at June 6 Meeting
2024-65
Washington D.C., May 31, 2024 — The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on June 6, 2024, at 10 a.m. ET. The meeting will be webcast on the SEC website.
SEC Charges Advisory Firm Mass Ave Global and Co-Founder and CEO Winston Feng with False Statements and Undisclosed Conflicts
2024-64
Washington D.C., May 29, 2024 — The Securities and Exchange Commission today instituted settled proceedings against formerly registered investment adviser Mass Ave Global Inc. (MassAve) and its co-founder and CEO Winston M. Feng for making false and misleading statements to investors in MassAve’s flagship opportunity fund. To settle the SEC’s charges, MassAve agreed to pay a civil penalty of $350,000, and Feng agreed to pay a civil penalty of $250,000. In addition, Feng, who is also the chief investment officer and portfolio manager at MassAve, is suspended for 12 months from industry-related work.