CBO 

Cost Estimate 
H.R. 1916, Ensuring Lasting Smiles Act 
March 25, 2022
As introduced in the House of Representatives on March 16, 2021

Cost Estimate 
Legislation considered under suspension of the Rules of the House of Representatives during the week of March 28, 2022 
March 25, 2022
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.

Presentation 
A Presentation on the Budgetary Implications of Economic Scenarios With Higher or Lower Interest Rates 
March 24, 2022
Presentation by Phillip Swagel, CBO’s Director, at the Spring 2022 Brookings Papers on Economic Activity Conference.

Working Paper 
Budgetary Implications of Economic Scenarios With Higher and Lower Interest Rates: Working Paper 2022-04 
March 24, 2022
This paper reports CBO’s projections of economic and budgetary outcomes under two scenarios with divergent paths for interest rates.

Cost Estimate 
S. 1589, Oregon Recreation Enhancement Act 
March 24, 2022
As reported by the Senate Committee on Energy and Natural Resources on March 2, 2022

Cost Estimate 
S. 3099, Federal Secure Cloud Improvement and Jobs Act of 2021 
March 24, 2022
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on December 15, 2021

Presentation 
The Federal Budget Process and the Role of the Congressional Budget Office 
March 24, 2022
Presentation by Chapin White, CBO's Deputy Director of Health Analysis, to the Leadership Fellowship Program at the National Hispanic Medical Association.

Cost Estimate 
H.R. 1540, REPORT Act 
March 23, 2022 As ordered reported by the House Committee on Homeland Security on March 2, 2022

Cost Estimate 
H.R. 6826, CTPAT Pilot Program Act of 2022 
March 23, 2022
As ordered reported by the House Committee on Homeland Security on March 2, 2022

Report 
Federal Financial Support for Public Transportation 
March 22, 2022
In this report, CBO describes public transportation in the United States and explains how the federal government supports mass transit. The report also explains how financing subsidies provide additional federal support.

Cost Estimate 
S. 2172, Building Solutions for Veterans Experiencing Homelessness Act of 2021 
March 22, 2022
As ordered reported by the Senate Committee on Veteran’s Affairs on July 28, 2021

Cost Estimate 
S. 3541, Health Care for Burn Pit Veterans Act 
March 22, 2022
As passed by the Senate on February 16, 2021

Cost Estimate 
H.R. 6837, No TikTok on Department of Homeland Security Devices Act 
March 21, 2022
As ordered reported by the House Committee on Homeland Security on March 2, 2022

FASB 

SEC Accepts 2022 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy
March 22, 2022

GAO 

Older Workers 
Opioid Misuse and Employment Outcomes 
GAO-22-104491 
Published: Feb 23, 2022. Released: March 25, 2022. 
Publicly Released: Published: Feb 23, 2022.. 
We analyzed employment experiences of older adults (50 and up) who reported misusing opioids. Our analysis of 2015-2019 data found that higher percentages of those who misused opioids were male, unmarried, and did not have a college degree, compared with other older adults. 

Food Program 
DOD Should Formalize Its Process for Revising Food Ingredients and Better Track Dining Facility Use and Costs 
GAO-22-103949 
Published: Mar 24, 2022. 
Publicly Released: Mar 24, 2022. 
Looking at the Department of Defense's food program—which aims to provide nutritious and cost-effective food service for its servicemembers—we found: DOD developed a way to coordinate with other federal agencies and the food industry on changes to food ingredients, but hasn't formalized... 

K-12 Education 
An Estimated 1.1 Million Teachers Nationwide Had At Least One Student Who Never Showed Up for Class in the 2020-21 School Year 
GAO-22-104581 
Published: Mar 23, 2022. 
Publicly Released: Mar 23, 2022. 
The COVID-19 pandemic has fundamentally changed students' school experience, and some continue to face obstacles to attending. 

Blockchain 
Emerging Technology Offers Benefits for Some Applications but Faces Challenges 
GAO-22-104625 
Published: Mar 23, 2022. 
Publicly Released: Mar 23, 2022. 
Blockchain combines several technologies to provide a tamper-resistant record of transactions between parties without a central authority, such as a bank. Although cryptocurrency is the best known use, blockchain has potential non-financial uses. 

IASB 

March 2022 IASB Update available and work plan updated 
Update
28 Mar 2022 

Join the Staff—IASB Technical Staff (digital financial reporting/digital taxonomy/data modelling) 
Careers
25 Mar 2022 

IFRS Foundation publishes IFRS Accounting Taxonomy 2022 
IFRS Taxonomy Update
24 Mar 2022 

IRS 

IRS reminder to many retirees: April 1 is last day to start taking money out of IRAs and 401(k)s 
IR-2022-69, March 25, 2022 — The IRS today reminded retirees who turned 72 during the last half of 2021 that, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans. 

IRS finalizes frequently asked questions for payment by Indian tribal governments and Alaska native corporations to individuals 
IR-2022-68, March 25, 2022 — The Internal Revenue Service today issued final frequently asked questions (FAQs) for Payments by Indian Tribal Governments and Alaska Native Corporations to Individuals under COVID-Relief Legislation (FS-2022-23). 

IRS provides revised frequently asked questions on Third-round Economic Impact Payment 
IR-2022-67, March 25, 2022 — The Internal Revenue Service today updated its frequently asked questions (FAQs) on the third-round Economic Impact Payment (FS-2022-22). 

IRS has $1.5 billion in refunds for people who have not filed a 2018 federal income tax return; April deadline approaches 
IR-2022-66, March 25, 2022 — Unclaimed income tax refunds totaling almost $1.5 billion may be waiting for an estimated 1.5 million taxpayers who did not file a 2018 Form 1040 federal income tax return, but people must act before the April tax deadline, according to the Internal Revenue Service. 

Reasons why some tax refunds filed electronically take longer than 21 days 
IR-2022-65, March 23, 2022 — Even though the Internal Revenue Service issues most refunds in less than 21 days for taxpayers who filed electronically and chose direct deposit, some refunds may take longer. 

IRS revises frequently asked questions on 2020 unemployment compensation exclusion 
IR-2022-64, March 23, 2022 — The Internal Revenue Service today revised its frequently asked questions (FAQs) on 2020 unemployment compensation exclusion. 

Tax Time Guide: Electronic tax payment and agreement options available to taxpayers who owe 
IR-2022-63, March 22, 2022 ― The IRS today reminded taxpayers who have a tax bill that there are several ways to make payments, and there are options for many people who can't pay their tax bill in full by April tax deadline. 

Easy steps to avoid tax return errors that can delay processing or adjust refunds 
IR-2022-62, March 22, 2022 — The Internal Revenue Service today reminded taxpayers how to avoid common errors on their tax returns. This filing season, the IRS is seeing signs of a number of common errors, including some taxpayers claiming incorrect amounts of the Recovery Rebate Credit and Child Tax Credit.

NYS 

Governor Hochul Warns Consumers About Scams and Cybersecurity Threats amid Russian Invasion of Ukraine 
March 22, 2022

PCAOB 

At March 29 Open Meeting, PCAOB to Consider Adoption of Charters for New Advisory Groups 
Mar. 23, 2022

SEC 

SEC Proposes Rules to Include Certain Significant Market Participants as “Dealers” or “Government Securities Dealers” 
2022-54., March 28, 2022 — The Securities and Exchange Commission today proposed two rules that would require market participants, such as proprietary (or principal) trading firms, who assume certain dealer functions, in particular those who as act as liquidity providers in the markets, to register with the SEC, become members of a self-regulatory organization (SRO), and comply with federal securities laws and regulatory obligations. 

SEC to Host Free Virtual Outreach Event to Help Older Adults and Their Caregivers Avoid Financial Fraud 
2022-53. March 28, 2022 —  The U.S. Securities and Exchange Commission is hosting a free virtual outreach event entitled, Safeguarding the Golden Years: Avoiding Financial Fraud, on Thursday, March 31, 2022 to help educate older adults and their caregivers on the unique challenges of investing in an increasingly complicated market. 

SEC Awards $1.25 Million to Whistleblower   
 2022-52, March 25, 2022 — The Securities and Exchange Commission today announced an award of $1.25 million to a whistleblower who provided specific and credible information that prompted SEC staff to open an investigation that resulted in a successful SEC covered action.  

San Francisco Regional Director Erin E. Schneider to Leave Agency 
2022-51, March 25, 2022 — The Securities and Exchange Commission today announced that Erin E. Schneider, the Director of the San Francisco Regional Office since 2019, is leaving the agency after more than 17 years of service. Monique C. Winkler will become the office’s Acting Regional Director when Ms. Schneider departs at the end of this month. 

Women’s History Month Event: SEC to Host Free Virtual Financial Fraud Webinar          2022-50, March 24, 2022 — 
On March 29, 2022 at 7 p.m. ET the Securities and Exchange Commission’s New York Regional Office, in coordination with Alpha Kappa Alpha Sorority Inc., Tau Omega Chapter, will celebrate women’s history month with a free investor education panel discussion about staying safe from financial fraud. 

SEC Announces New Leadership in Examinations Division and New York Regional Office 
2022-49, March 24, 2022 — The Securities and Exchange Commission today announced that Daniel S. Kahl, Acting Director of the SEC’s Division of Examinations, will depart the agency after more than 21 years of service. Richard R. Best, Director of the SEC’s New York Regional Office, will serve as Acting Director of the Division of Examinations upon Mr. Kahl's departure. Lara Shalov Mehraban will serve as Acting Director of the New York Regional Office. 

Martha Legg Miller, Director of Small Business Advocate Office, to Leave SEC    
2022-48, March 24, 2022 — The Securities and Exchange Commission today announced that Martha Legg Miller, Director of the Office of the Advocate for Small Business Capital Formation (OASB), is leaving the agency at the end of April. Sebastian Gomez Abero will serve as Acting Director. 

SEC Proposes Amendments to Remove References to Credit Ratings from Regulation M 
2022-47, March 23, 2022 — The Securities and Exchange Commission today voted to propose changes that would remove the references to credit rating agencies from existing exceptions provided in Rule 101 and Rule 102 of Regulation M, a set of rules designed to preserve market integrity by prohibiting activities that could artificially influence the market for an offered security. 

TIGTA 

American Rescue Plan Act: Implementation of Advance Recovery Rebate Credit Payments 
March 21, 2022

The IRS Private Debt Collection Program Has Not Effectively Reported All Program Costs or Included Adequate Disclosures 
March 18, 2022

Program and Organizational Changes Are Needed to Address the Continued Inadequate Tax Account Assistance Provided to Taxpayers 
March 18, 2022

Centralized Partnership Audit Regime Rules Have Been Implemented; However, Initial No-Change Rates Are High and Measurable Goals Have Not Been Established 
March 17, 2022