Tuesday - March 19, 2024





GAO Issues Report: Community Development Financial Institutions - Analysis of Annual and Emergency Assistance and Treasury Efforts to Address Program Risks


WASHINGTON, Jan. 21 -- The Government Accountability Office has issued a report (GAO-23-105952) entitled "Community Development Financial Institutions - Analysis of Annual and Emergency Assistance and Treasury Efforts to Address Program Risks."

Here are excerpts of summaries associated with the report.

What GAO Found: "Community development financial institutions (CDFI) and minority depository institutions (MDI) provide financial services to underserved communities. The Department of the Treasury assists eligible institutions through annual CDFI Program awards. Treasury received additional funds ... Show Full Article



GAO Issues Report: Veterans Benefits - VA Could Enhance Outreach for Its Solid Start Program by Increasing Collaboration With Veterans Organizations


WASHINGTON, Jan. 21 -- The Government Accountability Office has issued a report (GAO-23-105699) entitled "Veterans Benefits - VA Could Enhance Outreach for Its Solid Start Program by Increasing Collaboration with Veterans Organizations."

Here are excerpts of summaries associated with the report.

What GAO Found: "The Department of Veterans Affairs (VA) has implemented Solid Start--an outreach program to help support the well-being of new veterans--by proactively phoning all eligible veterans three times during their first year after separation. During phone calls, Solid Start representatives inform ... Show Full Article



GAO Issues Report: Abusive Tax Schemes - Additional Steps Could Further IRS Efforts to Detect and Deter Promoters


WASHINGTON, Jan. 19 -- The Government Accountability Office has issued a report (GAO-23-105843) entitled "Abusive Tax Schemes - Additional Steps Could Further IRS Efforts to Detect and Deter Promoters."

Here are excerpts of summaries associated with the report.

What GAO Found: "The Internal Revenue Service (IRS) has taken steps to identify and stop promoters who arrange and market abusive tax schemes. Such schemes involve various kinds of arrangements designed to circumvent tax laws or evade taxes. IRS's investigations into promoters vary in complexity and may span across different organizational ... Show Full Article



GAO Issues Report: Public Health Preparedness - HHS Could Improve Oversight of Research Involving Enhanced Potential Pandemic Pathogens


WASHINGTON, Jan. 19 -- The Government Accountability Office has issued a report (GAO-23-105455) entitled "Public Health Preparedness - HHS Could Improve Oversight of Research Involving Enhanced Potential Pandemic Pathogens."

Here are excerpts of summaries associated with the report.

What GAO Found: "The Department of Health and Human Services (HHS) oversees high-risk research involving potential pandemic pathogens, which are defined as likely highly transmissible and virulent, and capable of causing significant morbidity or mortality. SARS-CoV-2, which causes COVID-19 disease, is an example of ... Show Full Article



GAO Issues Report: DOD Financial Management - Greater Attention and Accountability Needed Over Government-Furnished Property


WASHINGTON, Jan. 19 -- The Government Accountability Office has issued a report (GAO-23-105198) entitled "DOD Financial Management - Greater Attention and Accountability Needed over Government-Furnished Property."

Here are excerpts of summaries associated with the report.

What GAO Found: "For years, the Department of Defense (DOD) has struggled to accurately account for government property in the possession of contractors, known as government-furnished property (GFP). DOD has repeatedly revised its planned dates to address a GFP-related material weakness since auditors first reported it in 2001.

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