Report
CBO’s Operations in the Event of a Shutdown
October 13, 2023
CBO responds to Senator Rand Paul’s request for information about CBO’s operations had there been a shutdown on October 1.

Cost Estimate
H.R. 3448, American Battlefield Protection Program Enhancement Act of 2023
October 13, 2023
As ordered reported by the House Committee on Natural Resources on September 20, 2023

Cost Estimate
S. 195, Keweenaw Bay Indian Community Land Claim Settlement Act of 2023
October 13, 2023
As ordered reported by the Senate Committee on Indian Affairs onJuly 19, 2023

Report
CBO’s Recent Publications and Work in Progress as of September 30, 2023
October 12, 2023
In this report, the latest in a quarterly series, CBO highlights its recent publications and summarizes its work in progress.

Blog Post
Presentation on the Fiscal Outlook
October 12, 2023
CBO’s Director Phillip Swagel discusses the presentation he gave Thursday on the fiscal outlook at a Federal Bar Association conference.

Cost Estimate
H.R. 1105, Debbie Smith Act of 2023
October 10, 2023
As ordered reported by the House Committee on the Judiciary on September 28, 2023

Cost Estimate
H.R. 2997, CONVEY Act
October 10, 2023
As ordered reported by the House Committee on Natural Resources on July 26, 2023

Cost Estimate
H.R. 3865, a bill to designate the facility of the United States Postal Service located at 101 South 8th Street in Lebanon, Pennsylvania, as the “Lieutenant William D. Lebo Post Office Building
October 10, 2023
As ordered reported by the House Committee on Oversight and Accountability on September 20, 2023

Cost Estimate
H.R. 3947, a bill to designate the facility of the United State Postal Service located at 859 North State Road 21 in Melrose, Florida, as the “Pamela Jane Rock Post Office Building
October 10, 2023
As ordered reported by the House Committee on Oversight and Accountability on September 20, 2023

Cost Estimate
H.R. 4841, Keep Your Coins Act of 2023
October 10, 2023
As ordered reported by the House Committee on Financial Services on July 27, 2023

Cost Estimate
H.R. 4984, D.C. Robert F. Kennedy Memorial Stadium Campus Revitalization Act
October 10, 2023
As ordered reported by the House Committee on Oversight and Accountability on September 20, 2023

Cost Estimate
H.R. 5034, a bill to designate the facility of the United States Postal Service located at 2119 Market Square in Christiansted, St. Croix, United States Virgin Islands, as the “Lieutenant General Samuel E. Ebbesen Post Office
October 10, 2023
As ordered reported by the House Committee on Oversight and Accountability on September 20, 2023

Cost Estimate
H.R. 599, a bill to designate the facility of the United States Postal Service located at 3500 West 6th Street, Suite 103 in Los Angeles, California, as the “Dosan Ahn Chang Ho Post Office
October 10, 2023
As ordered reported by the House Committee on Oversight and Accountability on September 20, 2023

Report
Monthly Budget Review: September 2023
October 10, 2023
The federal budget deficit was $1.7 trillion in fiscal year 2023, CBO estimates—$0.3 trillion more than the shortfall recorded during fiscal year 2022.

FASB

FASB Issues Disclosure Improvements in Response to the SEC’s Disclosure Update and Simplification Initiative
October 9, 2023

GAO

Navy Readiness:
Challenges to Addressing Sailor Fatigue in the Surface Fleet Continue
GAO-24-106819
Published: Oct 11, 2023 . Publicly Released: Oct 11, 2023.
Inadequate crew rest and fatigue is an ongoing problem for the Navy—one that's contributed to fatal ship collisions in the past. In 2021 we made 8 recommendations to help the Navy address fatigue. As of September 2023, the Navy has implemented 4 of them—such as requiring the timely collection of data on fatigue so that officers can make informed decisions. But the Navy still has...

COVID-19 Relief:
States' and Localities' Fiscal Recovery Funds Spending as of March 31, 2023
GAO-24-106753
Published: Oct 11, 2023 . Publicly Released: Oct 11, 2023.
This Q&A report reviews the billions of dollars the Department of the Treasury has awarded to state and local governments to help them cover COVID-19 recovery costs. As of March 31, 2023: States have reported spending $88.2 billion, or 45% of their awards. Localities have reported spending $47.9 billion, or 38% of their awards. The largest category of spending was for revenue lost due to...

Native American Priorities:
Protection and Repatriation of Human Remains and Other Cultural Items
GAO-24-106870
Published: Oct 10, 2023 . Publicly Released: Oct 10, 2023 .
The Native American Graves Protection and Repatriation Act requires federal agencies and specific museums to return certain Native American human remains and other cultural items. Agencies have made some progress since the 1990 act, but hundreds of thousands of human remains and other cultural items have yet to be repatriated. In this Snapshot report, we look at how our past work could help agencies implement...

IASB

Q3 2023 IFRS Interpretations Committee podcast now available
Podcast
16 Oct 2023

October 2023 International Accounting Standards Board agenda and meeting papers now available
Meeting
13 Oct 2023

October 2023 International Sustainability Standards Board agenda and meeting papers now available
Meeting
13 Oct 2023

September 2023 Due Process Oversight Committee meeting summary now available
Meeting
12 Oct 2023

October 2023 Due Process Oversight Committee agenda and meeting papers now available
Meeting
12 Oct 2023

Blackline documents detailing revisions to the SASB Standards published on SASB.org
Project update
11 Oct 2023

October 2023 Sustainability Consultative Committee agenda and meeting paper now available
Meeting
11 Oct 2023

Investor Perspectives: IASB Member Nick Anderson discusses cash flow economics
Feature
10 Oct 2023

IRS

IRS: Taxpayers impacted by the terrorist attacks in Israel qualify for tax relief; Oct. 16 filing deadline, other dates postponed to Oct. 7, 2024
IR-2023-188, Oct. 13, 2023 — The IRS today announced tax relief for individuals and businesses affected by the terrorist attacks in the State of Israel. These taxpayers now have until Oct. 7, 2024, to file various federal returns, make tax payments and perform other time-sensitive tax-related actions.

IRS updates tax gap projections for 2020, 2021; projected annual gap rises to $688 billion
IR-2023-187, Oct. 12, 2023 — The Internal Revenue Service today released new tax gap projections for tax years 2020 and 2021 showing the projected gross tax gap increased to $688 billion in tax year 2021, a significant jump from previous estimates.

NYC

Annual Report of New York City Parking Tickets and Camera Violations for Fiscal Year 2023 (Local Law 6).
October 3, 2023

NYS

During Cybersecurity Awareness Month, Governor Hochul Highlights Important Resources to Help Small Businesses and All New Yorkers Stay Safe
October 6, 2023

PCAOB

New PCAOB Staff Report Sheds Light on Rising Audit Deficiencies Related to Engagement Quality Reviews
Oct. 12, 2023

SEC

SEC Adopts Rule to Increase Transparency Into Short Selling and Amendment to CAT NMS Plan for Purposes of Short Sale Data Collection
2023-221, Oct. 13, 2023 —The Securities and Exchange Commission today adopted new Rule 13f-2 to provide greater transparency to investors and other market participants by increasing the public availability of short sale related data. Congress directed the SEC in Section 929X of the Dodd-Frank Act of 2010 to promulgate rules to make certain short sale data publicly available.

SEC Adopts Rule to Increase Transparency in the Securities Lending Market
2023-220, Oct. 13, 2023 — The Securities and Exchange Commission today adopted new Rule 10c-1a, which will require certain persons to report information about securities loans to a registered national securities association (RNSA) and require RNSAs to make publicly available certain information that they receive regarding those lending transactions. The rule is intended to increase the transparency and efficiency of the securities lending market.

SEC Adopts Amendments to Rules Governing Beneficial Ownership Reporting
2023-219, Oct. 10, 2023 —The Securities and Exchange Commission today adopted rule amendments governing beneficial ownership reporting under Sections 13(d) and 13(g) of the Securities Exchange Act of 1934. The amendments update Regulation 13D-G to require market participants to provide more timely information on their positions to meet the needs of investors in today’s financial markets.

TIGTA

Strategic Plan: Oversight of the IRS’s Transformation Efforts
October 12, 2023

Office of Inspections and Evaluations Fiscal Year 2024 Annual Program Plan
October 11, 2023

Fiscal Year 2024 Annual Audit Plan
October 11, 2023

Management and Performance Challenges Facing the IRS For FY 2024
October 11, 2023

Snapshot: The IRS’s Inflation Reduction Act Spending Through June 30, 2023
October 10, 2023