CBO

Cost Estimate
H.R. 4864, Global Child Thrive Act of 2020
January 17, 2020
As ordered reported by the House Committee on Foreign Affairs on December 18, 2019

Cost Estimate
S. 2393, Clean Energy Jobs Act of 2019
January 17, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 18, 2019

Cost Estimate
S. 2964, War Risk Insurance Extension Act of 2019
January 17, 2020
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on December 11, 2019

Working Paper
A Simplified Model of How Macroeconomic Changes Affect the Federal Budget: Working Paper: 2020-01
January 16, 2020
CBO uses the budgetary feedback model (BFM) to estimate how changes in the macroeconomy might affect the federal budget. This paper describes how the BFM is constructed, how it is used in CBO's dynamic analyses, and the model's limitations.

Report
CBO's Work in Progress as of January 8, 2020
January 16, 2020
Each quarter, CBO provides information about its work in progress. As of January 8, the agency was working on 184 cost estimates for bills in addition to 33 analytic reports and working papers.

Cost Estimate
S. 3051, America’s Conservation Enhancement Act
January 16, 2020
As reported by the Senate Committee on Environment and Public Works on December 17, 2019

Blog Post
CBO to Release Budget and Economic Outlook on January 28
January 15, 2020
CBO will release its annual Budget and Economic Outlook at 2:00 p.m. ET on Tuesday, January 28. The report will include updated economic and budget projections spanning the period from 2020 to 2030.

Cost Estimate
H.R. 3830, Taxpayers Right-To-Know Act
January 15, 2020
As ordered reported by the House Committee on Oversight and Government Reform on December 19, 2019

Cost Estimate
H.R. 4739, Synthetic Opioid Exposure Prevention and Training Act
January 15, 2020
As passed by the House of Representatives on December 9, 2019

Cost Estimate
H.R. 4753, Drone Origin Security Enhancement Act
January 15, 2020
As reported by the House Committee on Homeland Security on November 19, 2019

Cost Estimate
H.R. 4761, DHS Opioid Detection Resilience Act of 2019
January 15, 2020
As passed by the House of Representatives on December 9, 2019

Cost Estimate
H.R. 5315, Expanding Opportunities for MDIs Act
January 15, 2020
As ordered reported by the House Committee on Financial Services on December 11, 2019

Cost Estimate
S. 2368, Nuclear Energy Renewal Act of 2019
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on January 9, 2020

Cost Estimate
S. 258, Ruby Mountains Protection Act
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 17, 2019

Cost Estimate
S. 2660, Wind Energy Research and Development Act of 2019
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 18, 2019

Cost Estimate
S. 389, FIRST Act
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 17, 2019

Cost Estimate
S. 434, a bill to require the collection of certain data relating to Bureau of Land Management land acquisitions, and for other purposes
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 17, 2019

Cost Estimate
S. 490, B–47 Ridge Designation Act
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 17, 2019

Cost Estimate
S. 641, Yucca House National Monument Boundary Revision Act
January 15, 2020
As reported by the Senate Committee on Energy and Natural Resources on December 18, 2019

Report
The Cost of Replacing the Department of Defense’s Current Aviation Fleet
January 15, 2020
Summarizing three reports about the aviation fleets of the U.S. Air Force, Army, and the Department of the Navy, CBO projects the number and costs of aircraft the Department of Defense would need to procure to maintain the fleets’ current size through 2050.

Presentation
A Presentation About Approaches to Changing Military Compensation
January 14, 2020
Presentation by Carla Tighe Murray, a consultant to CBO and former senior analyst for CBO’s National Security Division, to the Military Manpower Roundtable.

Report
Approaches to Changing Military Compensation
January 14, 2020
This report examines military compensation and its effects on recruitment, retention, and motivation. CBO also provides a comparison with civilian compensation packages and examines five possible approaches for altering the way that DoD compensates military personnel.

Presentation
Federal Highway Spending and Revenues
January 14, 2020
Presentation by Sheila Campbell, an analyst in CBO’s Microeconomic Studies Division, at the Transportation Research Board’s 99th Annual Meeting.

Cost Estimate
H.R. 3373, Office of International Disability Rights Act
January 14, 2020
As ordered reported by the House Committee on Foreign Affairs on December 18, 2019

Cost Estimate
H.R. 4841, Prudential Regulator Oversight Act
January 14, 2020
As ordered reported by the House Committee on Financial Services on October 31, 2019

Cost Estimate
S. 225, Preserving America’s Battlefields Act
January 14, 2020
As ordered reported by the Senate Committee on Energy and Natural Resources on December 12, 2019

Cost Estimate
S. 2334, 21st Century Energy Workforce Act of 2019
January 14, 2020
As reported by the Senate Committee on Energy and Natural Resources on October 24, 2019

Cost Estimate
S. 2688, Technology Transitions Act of 2019
January 14, 2020
As ordered reported by the Senate Committee on Energy and Natural Resources on November 19, 2019

Report
Final Sequestration Report for Fiscal Year 2020
January 13, 2020
As required, CBO reports on whether appropriations enacted for the current fiscal year have exceeded the statutory caps on discretionary funding. In CBO’s estimation, they have not, and a sequestration will not be required for 2020.

Cost Estimate
H.R. 2343, Peace and Tolerance in Palestinian Education Act
January 13, 2020
As ordered reported by the House Committee on Foreign Affairs on December 18, 2019

Cost Estimate
H.R. 4458, Cybersecurity and Financial System Resilience Act of 2019
January 13, 2020
As ordered reported by the House Committee on Financial Services on October 31, 2019

Cost Estimate
S. 10, South Florida Clean Coastal Waters Act of 2019
January 13, 2020
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on November 13, 2019

Cost Estimate
S. 1189, Stopping Malign Activities from Russian Terrorism Act
January 13, 2020
As reported by the Senate Committee on Foreign Relations on December 17, 2019

Cost Estimate
S. 1830, Energy Security Cooperation with Allied Partners in Europe Act of 2019
January 13, 2020
As reported by the Senate Committee on Foreign Relations on December 17, 2019

Cost Estimate
S. 2977, Venezuela Defense of Human Rights and Civil Society Extension Act of 2019
January 13, 2020
As reported by the Senate Committee on Foreign Relations on December 17, 2019

FASB

FASB Clarifies the Interaction between the Accounting for Equity Securities, Equity Method Investments, and Certain Derivative Instruments

GAO
​
GSA Leasing:
Improving Stakeholder Outreach and Lease Model Evaluation Could Enhance Competition
GAO-20-181: Published: Dec. 18, 2019 Publicly Released: Jan. 17, 2020

U.S. Postal Service:
Additional Guidance Needed to Assess Effect of Changes to Employee Compensation
GAO-20-140: Published: Jan. 17, 2020 Publicly Released: Jan. 17, 2020

National Nuclear Security Administration:
Additional Verification Checks Could Improve the Accuracy and Consistency of Reported Financial Data
GAO-20-180: Published: Jan. 16, 2020 Publicly Released: Jan. 16, 2020

Counternarcotics:
Treasury Reports Some Results from Designating Drug Kingpins, but Should Improve Information on Agencies' Expenditures
GAO-20-112: Published: Dec. 16, 2019 Publicly Released: Jan. 15, 2020

Defense Health Care:
DOD Should Collect and Use Key Information to Make Decisions about Incentives for Physicians and Dentists
GAO-20-165: Published: Jan. 15, 2020 Publicly Released: Jan. 15, 2020

National Maritime Strategy:
DOT Is Taking Steps to Obtain Interagency Input and Finalize Strategy
GAO-20-178: Published: Jan. 15, 2020 Publicly Released: Jan. 15, 2020

2019 Presentación De Impuestos:
El IRS Implementó con Éxito los Cambios en la Ley Tributaria pero Necesita Mejorar los Servicios para Contribuyentes con Dominio Limitado del Inglés
GAO-20-313: Published: Jan. 15, 2020 Publicly Released: Jan. 15, 2020

2019 Tax Filing:
IRS Successfully Implemented Tax Law Changes but Needs to Improve Service for Taxpayers with Limited-English Proficiency
GAO-20-55: Published: Jan. 15, 2020 Publicly Released: Jan. 15, 2020

VA Disability Compensation:
Actions Needed to Enhance Information about Veterans' Health Outcomes
GAO-20-26: Published: Dec. 16, 2019 Publicly Released: Jan. 15, 2020

Defense Acquisitions:
Senior Leaders Should Emphasize Key Practices to Improve Weapon System Reliability
GAO-20-151: Published: Jan. 14, 2020 Publicly Released: Jan. 14, 2020

Employee Morale Survey Scores Highlight Progress and Continued Challenges IASB IRS

IRS willing to consider requests for relief from double taxation related to repatriation

IRS Free File can save families money; find tax benefits all for free
IR-2020-15, January 17, 2020 — IRS Free File can save families, especially those with children, some money in 2020 plus find tax benefits such as the Earned Income Tax Credit. Free File is now available at IRS.gov/freefile.

Get up-to-date information this tax filing season with redesigned IRS e-News Subscriptions
IR-2020-14, January 16, 2020 — As the 2020 tax season approaches, the Internal Revenue Service today encouraged taxpayers, businesses, tax professionals and others to take advantage of a variety of improved e-mail subscription services.

IRS: Most taxpayers eligible for free federal and free state tax return preparation
IR-2020-13, January 16, 2020– Most taxpayers can do both their federal and state tax returns for free online through Free File offered either by the IRS or by states that have a similar public-private partnership.

IRS to restore sequestered funds (AMT only) this fiscal year to businesses affected by OMB determination IRS and Treasury issue guidance for students with discharged student loans and their creditors Revenue Procedure 2020-11 (PDF)

Improved Tax Withholding Estimator helps workers target the refund they want; shows how to fill out new 2020 W-4
IR-2020-09, January 14, 2020 — The Internal Revenue Service has launched a new and improved Tax Withholding Estimator, designed to help workers target the refund they want by having the right amount of federal income tax taken out of their pay.

IRS Free File: Ideal for young and first-time filers
IR-2020-08, January 14, 2020 — Filing taxes for the first time or working part-time? IRS Free File may be the perfect match for people looking to save money on federal tax preparation.

​IRS Free File offers free tax prep options for military personnel
IR-2020-07, January 13, 2020– The Internal Revenue Service today reminded active duty military personnel that IRS Free File offers them multiple options for free federal tax preparation.

NYSDTF

Employers Must File Soon to Prevent Delays in Employees’ Tax Refunds Employers’ Quarterly Combined Withholding, Wage Reporting, and Unemployment Insurance Return is due January 31
Thursday, January 16, 2020

SEC

SEC to Report on State of Small Business Capital Formation in the U.S.:
Will host first ever “Capital Call” on January 23
2020-13., Jan. 17, 2020 —The U.S. Securities and Exchange Commission's Office of the Advocate for Small Business Capital Formation will report on its findings regarding the state of capital formation for small businesses and its latest recommendations to the Commission during a virtual conference call event on Jan. 23, 2020, at 1 p.m. ET.

SEC Charges Convicted Criminal Who Conducted Fraudulent ICO Using a Fake Identity
2020-12, Jan. 17, 2020 —The Securities and Exchange Commission today charged convicted criminal Boaz Manor, his business associate, and two businesses, CG Blockchain Inc. and BCT Inc. SEZC, with raising over $30 million from hundreds of investors in a fraudulent initial coin offering (ICO).

Austin Gerig Named as SEC’s Chief Data Officer
2020-11, Jan. 16, 2020 —The Securities and Exchange Commission today announced that it has named Austin Gerig as its Chief Data Officer. Dr. Gerig, currently Assistant Director of the Office of Data Science in the Division of Economic and Risk Analysis (DERA), will assume his new position on Feb. 3.

SEC Obtains Emergency Asset Freeze, Charges Businessman With Operating a Ponzi-Like Scheme
2020-10., Jan. 14, 2020 —The Securities and Exchange Commission today announced that it filed an emergency enforcement action and obtained a temporary restraining order and asset freeze against Illinois resident Kenneth D. Courtright, III and his company, Todays Growth Consultant Inc., in connection with an alleged Ponzi-like scheme that raised at least $75 million from more than 500 investors throughout the United States and abroad.

SEC Names Allen Blume as Deputy Chief Financial Officer
2020-9., Jan. 10, 2020 —The Securities and Exchange Commission today announced that Allen Blume has been named Deputy Chief Financial Officer in the agency’s Office of Financial Management (OFM). Mr. Blume’s responsibilities include directing and coordinating the SEC’s financial planning, budgeting, accounting, financial reporting, and financial systems. OFM formulates budget and authorization requests; monitors the utilization of agency resources; and develops, oversees, and maintains SEC financial processes and systems.

SEC Names Mark D. Reinhold as Deputy Chief Human Capital Officer in the Office of Human Resources
2020-8., Jan. 10, 2020 —The Securities and Exchange Commission today announced that Mark D. Reinhold has been named Deputy Director of the agency’s Office of Human Resources (OHR). Mr. Reinhold will help to manage programs and policies in areas such as leadership and employee development, recruitment and retention, performance management, compensation and benefits, and labor relations. Mr. Reinhold began his new position at the SEC on Jan. 6, 2020.