May 19, 2025
CBO
Cost Estimate
May 22, 2025
As ordered reported by the House Committee on Foreign Affairs on April 9, 2025
Cost Estimate
May 22, 2025
As ordered reported by the House Committee on Foreign Affairs on April 9, 2025
Cost Estimate
May 22, 2025
As ordered reported by the House Committee on Foreign Affairs on April 9, 2025
Cost Estimate
May 22, 2025
A letter to the Honorable Amy Klobuchar and the Honorable Angie Craig concerning Potential Effects on the Supplemental Nutrition Assistance Program of Reconciliation Recommendations Pursuant to H. Con. Res. 14, as Ordered Reported by the House Committee on Agriculture on May 12, 2025
Cost Estimate
May 20, 2025
As ordered reported by the House Committee on the Budget on May 18, 2025
Cost Estimate
May 20, 2025
As reported by the House Committee on Financial Services on March 27, 2025
Report
May 20, 2025
CBO responds to questions concerning the sequestration (cancellation of budgetary resources) that would occur under the Statutory Pay-As-You-Go Act of 2010 if an enacted bill raised deficits by $2.3 trillion over 10 years.
Report
May 20, 2025
CBO provides a preliminary analysis of the distributional effects of the 2025 reconciliation bill.
Cost Estimate
May 19, 2025
As ordered reported on May 6, 2025
Cost Estimate
May 19, 2025
GAO-25-108049
Published: May 15, 2025 . Publicly Released: May 22, 2025 .
GAO-25-108046
Published: May 15, 2025 . Publicly Released: May 22, 2025 .
Disaster Loan Program:
Enhanced Procedures and Data Needed to Address Duplication of Benefits
GAO-25-107608Published: May 22, 2025 . Publicly Released: May 22, 2025 .Disaster loans from the Small Business Administration can help survivors rebuild and recover from property and home damages. However, survivors sometimes receive assistance from other sources that can exceed their eligible losses, resulting in a duplication of benefits. SBA is required to resolve cases of duplication when it's in the government's best interest to recoup excess funds. When they find duplicative benefits, SBA staff are...
GAO-25-108167
Published: May 22, 2025 . Publicly Released: May 22, 2025 .
In this Q&A, we report on our recommendations to Congress—our "matters for congressional consideration" to save money and improve federal programs. Since 2000, Congress has acted on 573 matters, making improvements in energy, health, and income security. As of March 2025, 272 matters remained open, but recently proposed legislation would partially or fully address about one-third of those. Thirty-one open matters have estimated financial benefits...
Spectrum IT Modernization:
NTIA Should Fully Incorporate Cybersecurity and Interoperability Practices
GAO-25-107509Published: May 22, 2025 . Publicly Released: May 22, 2025 .The National Telecommunications and Information Administration is responsible for managing federal use of the radio-frequency spectrum. The radio-frequency spectrum is a scarce resource used to support commercial and government activities such as wireless internet and air traffic control. NTIA is working to modernize its spectrum management IT systems but hasn't fully followed leading practices for doing so. For example, it hasn't completed an organization-wide risk...
Missile Defense:
DOD Faces Support Challenges for Defense of Guam
GAO-25-108187
Published: May 22, 2025 . Publicly Released: May 22, 2025 .Guam is home to more than 170,000 Americans and several military installations. Protecting this U.S. territory from missile attack is a Department of Defense priority. As of March 2025, the defense system in Guam included six missile launchers and one radar. DOD is planning to deploy additional systems. But it has yet to determine how many personnel are needed to operate the systems, when those...
GAO-25-107458
Published: May 22, 2025 . Publicly Released: May 22, 2025 .
Federal discretionary transportation grants help build our nation's infrastructure. The Department of Transportation combined some processes for 3 such grants into the Multimodal Project Discretionary Grant program. DOT announced $5.6 billion in grant awards for the FY 2023-2024 funding round. We found applicants generally liked the combined processes. But DOT didn't fully document its criteria or rationale for selecting certain projects. We have found this...
GAO-25-108286
Published: May 22, 2025 . Publicly Released: May 22, 2025 .
GAO-25-107580
Published: May 21, 2025 . Publicly Released: May 21, 2025 .
The Department of Homeland Security and U.S. Immigration and Customs Enforcement use various inspection programs to help ensure that detention facilities for noncitizens are safe, secure, and humane. We reviewed four of these programs and found issues in how they are evaluated. For example, clear performance goals and measures haven't been set. Without these, it's hard to assess how effective these inspection programs are at...
GAO-25-108010
Published: May 14, 2025 . Publicly Released: May 21, 2025 .
GAO-25-107335
Published: May 21, 2025 . Publicly Released: May 21, 2025 .
We examined "human organ-on-a-chip" technologies—laboratory tools that use human cells to mimic organs, model diseases, and more. This new technology can complement conventional lab methods, such as animal testing, which can be inefficient at predicting human responses to drugs and other therapies. While promising, this emerging technology faces challenges such as: Difficulty getting enough high-quality human cells Lack of benchmarks and validation studies Little data...
GAO-25-108406
Published: May 20, 2025 . Publicly Released: May 20, 2025 .
Congress approved $2.1 billion for the construction of 15 federal courthouse projects during FYs 2016-2024. Federal agencies and other stakeholders use the U.S. Courts' Design Guide to build these courthouses. In 2021, the U.S. Courts made changes to this guide, citing, among other things, the need to provide greater security for court personnel. We testified that these changes will significantly increase the size and cost...
GAO-25-107704
Published: May 19, 2025 . Publicly Released: May 19, 2025 .
The Inflation Reduction Act of 2022 included 21 energy tax expenditures that support reducing greenhouse gas emissions and other goals. The expenditures cover subjects like clean-energy vehicles and energy efficient buildings. According to estimates, they could result in at least $200 billion less in revenue collected. We have previously recommended better oversight of tax expenditures to make sure they are achieving their goals and to...
GAO-25-107197
Published: May 19, 2025 . Publicly Released: May 19, 2025 .
Businesses that provide financial services—such as banks and credit unions—are using AI for various purposes, including improving customer service. Financial regulators are increasingly using AI for tasks like identifying risks to financial institutions and detecting insider trading or other illegal activity. But AI technologies present both benefits and risks for businesses and consumers. For example, AI can improve customer service but could also lead to...
GAO-25-107558
Published: May 19, 2025 . Publicly Released: May 19, 2025 .
Before certain Department of Defense contracts can be closed, the Defense Contract Audit Agency must perform an audit to ensure all costs are allowed under federal regulations. We previously found that these audits were taking the agency a long time, causing a backlog. In 2018, the agency was directed to supplement its workforce with independent auditors to eliminate the backlog. We found that using the...
GAO-25-108475
Published: May 19, 2025 . Publicly Released: May 16, 2025 .
The Department of Veterans Affairs spends billions of dollars annually on IT products that help it provide benefits and care to veterans and their families. We testified about VA's software licensing practices. For its most widely-used software, VA didn't track the number of licenses in use to compare to the number purchased. As a result, VA could be buying too many or too few licenses...
GAO-25-108096
Published: May 9, 2025 . Publicly Released: May 16, 2025 .
Priority Open Recommendations:
Board of Governors of the Federal Reserve System
GAO-25-108047
Published: May 9, 2025 . Publicly Released: May 16, 2025 .
Standards for Internal Control in the Federal GovernmentGAO-25-107721Published: May 15, 2025 . Publicly Released: May 15, 2025 .Managers throughout the government use our Green Book — Standards for Internal Control in the Federal Government—to help them achieve their entity's mission. The Green Book provides the framework for establishing and maintaining an effective internal control system that safeguards public resources. We maintain the Green Book to keep it relevant with changing times. This update provides new requirements and resources to help management address...
GAO-25-107721
Published: May 15, 2025 . Publicly Released: May 15, 2025 .
Managers throughout the government use our Green Book — Standards for Internal Control in the Federal Government—to help them achieve their entity's mission. The Green Book provides the framework for establishing and maintaining an effective internal control system that safeguards public resources. We maintain the Green Book to keep it relevant with changing times. This update provides new requirements and resources to help management address...
GAO-25-107679
Published: May 15, 2025 . Publicly Released: May 15, 2025 .
The Senate must vote on whether to confirm nominations for generals and admirals. On two occasions since 2020, a Senator put a "hold" on the confirmation process. One hold in 2023 lasted 10 months, affecting 447 nominees. Department of Defense senior leaders said this hold weakened national security. In this Q&A, we found the hold didn't stop military units from completing missions. It did affect...
GAO-25-107475
Published: May 15, 2025 . Publicly Released: May 15, 2025 .
The President, Congress, and the Department of Defense have expanded the use of Presidential Drawdown Authority beyond the statutory $100 million annual ceiling to provide billions in ammunition, missiles, and other equipment to Ukraine. This Q&A report looks at DOD's implementation of this authority. DOD hasn't updated its guidance to reflect potential risks of sending more equipment from DOD's inventory to foreign partners. Specifically, some...
GAO-25-107642
Published: May 15, 2025 . Publicly Released: May 15, 2025 .
For 18 of the last 20 years, agencies have been required to analyze their regulations and propose ways to offset the costs of certain regulations. For example, a new regulation that led to an increase in specific spending would require the agency to propose a cut in spending elsewhere of a comparable amount. We looked at the 2-year period when this wasn't required (2021 to...
Published: May 15, 2025 . Publicly Released: May 15, 2025 .
Leading health organizations recommend women breastfeed for at least 12 months. Yet lactating flight attendants and pilots may not have enough time or private space to pump while on duty. Some airlines let crewmembers use wearable breast pumps while in flight. We looked at how the Federal Aviation Administration has advised airlines to assess potential safety risks of pumps. Other options may include using airport...
GAO-25-106768
Published: May 14, 2025 . Publicly Released: May 14, 2025 .
States have been increasingly requesting federal assistance through FEMA's Individual Assistance program. This program helps people meet their immediate needs after a disaster, such as shelter. When a state requests this program, FEMA evaluates the request against factors like state fiscal capacity and uninsured home losses and makes a recommendation to the President. The President then approves or denies the request. FEMA provides training and...
GAO-25-107869
Published: Apr 23, 2025 . Publicly Released: May 14, 2025 .
The Coast Guard's missions include ensuring maritime safety and security. It's hard to retain personnel because they face frequent relocations, their work environments are demanding, and pay and benefits may be better in the private sector. As a result, the Coast Guard has fewer personnel than it needs to meet its operational demands. The Coast Guard identified some retention issues through surveys. But it needs...
Published: May 14, 2025 . Publicly Released: May 14, 2025 .
Schools across the country are concerned about student mental health, especially since the pandemic. DOD schools employ school psychologists and counselors to help meet students' mental health needs. But these staff said they rarely had time to work with students to prevent crises due to competing responsibilities and other challenges. Several DOD programs embed additional mental health services in many DOD schools. But these programs...
GAO-25-108032
Published: May 7, 2025 . Publicly Released: May 14, 2025 .
GAO-25-108003
Published: May 7, 2025 . Publicly Released: May 14, 2025 .
GAO-25-107224
Published: May 14, 2025 . Publicly Released: May 14, 2025 .
The Coast Guard employs over 39,000 active-duty military service members. It must recruit to maintain the size of its workforce. The Coast Guard missed its recruiting targets from 2019-2023. In 2024, it beat its recruiting target after increasing recruiting offices, marketing, and other outreach efforts. The Coast Guard could do more to assess which of these efforts worked. Additional analyses, for example, could help determine...
GAO-25-106947
Published: May 14, 2025 . Publicly Released: May 14, 2025 .
Family caregivers provide informal—often unpaid—care to family members in their homes and communities. When these caregivers are children under age 18, it can be uniquely difficult to balance their own needs with caregiving tasks. Federal programs focus on supporting adult family caregivers. In some cases, states and service providers may extend support to younger caregivers. But states and service providers may not know about this...
GASB
May 19, 2025
IASB
May 2025 Integrated Reporting and Connectivity Council agenda and meeting paper now available
22 May 2025
IFRS Accounting Taxonomy 2024 now available in Korean and Spanish
21May 2025
Watch our IFRS 18 Accounting Taxonomy webcast series
20 May 2025
May 2025 ISSB Update and podcast now available
19 May 2025
IRS
IR-2025-61, May 22, 2025 — The Internal Revenue Service encourages taxpayers living and working abroad to file their 2024 federal income tax return and pay any tax due by Monday, June 16, 2025.
PCAOB
PCAOB Announces Agenda for May 22 Meeting of Its Standards and Emerging Issues Advisory Group
May 16, 2025
SEC
SEC Charges Former Real-Estate Investment CEO with Operating Multimillion Dollar Ponzi-Like Scheme
2025-76
Washington D.C., May 22, 2025 — The Securities and Exchange Commission today charged San Francisco Bay Area resident Kenneth Mattson, the former CEO of real estate investment business LeFever Mattson, with defrauding approximately 200 investors of at least $46 million by selling them fake interests in real estate investment limited partnerships. Many of these investors were retired senior citizens Mattson met through his church community.
2025-75
Washington D.C., May 20, 2025 — The Securities and Exchange Commission today charged New York City-based Unicoin, Inc. and three of its top executives—CEO and Board Chairman Alex Konanykhin; Silvina Moschini, former president, former board chairwoman, and current board member; and former Chief Investment Officer Alex Dominguez—for false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin tokens and an offering of Unicoin, Inc.’s common stock.
2025-74
Washington D.C., May 19, 2025 — The Securities and Exchange Commission today announced the appointment of Katherine Reilly as the agency’s Acting Inspector General. Ms. Reilly is currently serving as a Deputy Inspector General at the SEC. She replaces Deborah Jeffrey, who has served as the SEC’s Inspector General since 2023 and is retiring.
TIGTA
May 15, 2025
