AICPA
May 5, 2025
Apr 28, 2025
CBO
Blog Post
May 2, 2025
CBO is looking for new research on how nutritional standards in SNAP would affect recipients’ food choices, health outcomes, and health care spending.
Cost Estimate
April 30, 2025
As ordered reported by the House Committee on Foreign Affairs on April 9, 2025
Cost Estimate
April 30, 2025
As ordered reported by the House Committee on Homeland Security on April 9, 2025
Cost Estimate
April 30, 2025
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.
Report
April 29, 2025
CBO and staff of the Joint Committee on Taxation respond to questions about how they develop estimates of the budgetary and economic effects of legislation.
Report
April 29, 2025
CBO’s Director, Phillip Swagel, testifies before the Senate Appropriations Committee’s Subcommittee on the Legislative Branch.
Presentation
April 29, 2025
Presentation by Justin Humphrey, CBO's Finance, Housing, and Education Cost Estimates Unit Chief, at the American Association of State Colleges and Universities.
Presentation
Presentation by F. M. Woodward, an analyst in CBO's National Security Division, at the Defense Manpower Roundtable.
Cost Estimate
April 28, 2025
As posted on the website of the House Committee on the Judiciary on April 28, 2025
Cost Estimate
April 28, 2025
As ordered reported by the House Committee on Foreign Affairs on April 9, 2025
Blog Post
April 28, 2025
Throughout the reconciliation process, CBO, in collaboration with the staff of the Joint Committee on Taxation, assists the Congress by providing nonpartisan analysis and cost estimates for legislative proposals.
FASB
April 30, 2025
GAO
GAO-25-106910
Published: May 5, 2025 . Publicly Released: May 5, 2025 .
Medical providers at the VA can refer veterans to behavioral health providers outside VA for treatment of conditions like depression. These providers should send medical records back to VA after caring for a veteran. Such exchanges help ensure that a veteran receives coordinated care. We found that VA doesn't monitor whether these records are sent back, and a significant portion of the medical records were...
Nonprofit Drug Companies:
Information on Funding, Drug Types, Challenges, and Reported Effect
GAO-25-107153
Published: May 1, 2025 . Publicly Released: May 1, 2025 .
Nonprofit drug companies in the U.S. aim to lower drug prices or ease shortages. They are supported by donations and revenue from sales and set their prices at a level to cover their expenses. Three of the 7 companies we reviewed currently have products on the market, including surgical injections and a nasal spray to reverse drug overdoses. One uses long-term purchasing contracts with hospitals...
GAO-25-108161
Published: May 1, 2025 . Publicly Released: May 1, 2025 .
Federal Civilian Firefighters:
DOD Should Take Action to Address Long-Standing Staffing Gaps
GAO-25-107288Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .
Department of Defense civilian firefighters are a first line of defense when catastrophes threaten DOD installations. But DOD has experienced long-standing staffing issues within this workforce. From FY 2019-2023, DOD employed fewer civilian firefighters than authorized—i.e., below the minimum staffing level required for safe operations. DOD identified causes of its staffing gaps, such as competition from local fire departments that may offer better pay and...
GAO-25-107966
Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .
When enforcing regulations, federal agencies use fines to hold violators accountable and to deter future violations. But if agencies don't regularly adjust these fines for inflation, they may become less effective. Congress enacted the Federal Civil Penalties Inflation Adjustment Act of 1990 partly to address this issue. In 2015, Congress amended the act to require GAO to annually review agencies' compliance with certain provisions. We...
GAO-25-107981
Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .
Each year, we audit the Federal Housing Finance Agency's financial statements. During our 2024 audit, we found that FHFA doesn't have sufficient guidance to determine and review its accounts payable accruals—expenses incurred but not yet paid. Also, FHFA lacks guidance for communicating between its accounting office and business units. This guidance is necessary to ensure that the accounting office has the information it needs to...
Smart Cities:
Technologies and Policy Options to Enhance Services and Transparency
GAO-25-107019Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .Cities across the nation are using "smart city" technologies like traffic cameras and gunshot detectors to improve public services. In this technology assessment, we looked at their use in transportation and law enforcement. Experts and city officials reported multiple benefits. For example, Houston uses cameras and Bluetooth sensors to measure traffic flow and adjust signal timing. Other cities use license plate readers to find stolen...
GAO-25-107076
Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .
Disasters like hurricanes and oil spills can affect fisheries and communities and may result in lost revenue or jobs. When a fishery disaster occurs, eligible entities such as states or Tribes may request assistance from the National Marine Fisheries Service. We found the agency generally took 3 years to disburse funds for some of the 111 requests it received since 2014. The agency is altering...
GAO-25-107377
Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .
Research on the human genome—the complete set of a person's DNA—has led to better health care and has many potential benefits. The Department of Health and Human Services has led key research, including a project to create a repository of the genomes of 1 million Americans. Its policy is to responsibly share such data with researchers. But intelligence agencies warn that misuse of U.S. genomic...
GAO-25-107788
Published: Apr 30, 2025 . Publicly Released: Apr 30, 2025 .
Federal employees work across the country—and may make different salaries than their local nonfederal counterparts. To help align federal workers' salaries with their local areas, Congress authorized an annual "locality pay adjustment" starting in 1994. In 2023, 60% of federal employees received a locality pay increase. Even with adjustments over the years, a pay gap persists. Changing how the gap is calculated could make it...
Infrastructure Grants:
Status of Funding to Tribes, States, Localities, and Territories as of December 31, 2024
GAO-25-107243
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .The Infrastructure Investment and Jobs Act made $711.8 billion available for grants to Tribes, states, localities, and territories. The grants are intended to support transportation, clean energy and power, broadband, and other infrastructure projects. Fifteen federal agencies reported they got funds to award to Tribes, states, localities, and territories. The Department of Transportation got 74% of these funds. Agencies can't use some of the grant...
GAO-25-107313
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
Cyberattacks on state and local IT systems—like school computing networks and locally owned utilities—are on the rise. A grant program from the Department of Homeland Security provides funding to state, local, tribal, and territorial governments to address cybersecurity risks. We looked at how these governments plan to use their portions of the $172 million in grant money. Their projects include upgrading computer equipment, engaging cybersecurity...
Published: Apr 28, 2025 . Publicly Released: Apr 29, 2025 .
Inflation Reduction Act:
Opportunities Exist to Help Ensure GSA Programs Achieve Intended Results
GAO-25-107349Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .The General Services Administration owns more than 1,500 buildings that have been identified as a major source of the federal government's greenhouse gas emissions and energy and water use. GSA developed criteria to select projects that would use federal funds received in 2022 to reduce the environmental impacts of those buildings. But it didn't develop a framework for spending some of that $3.4 billion in...
GAO-25-108440
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
In fiscal year 2024, GAO's work yielded $67.5 billion in financial benefits, a return of about $76 for every dollar invested in GAO. Our average return on investment for the past 6 years is $123 to $1. In this testimony before the Senate Subcommittee on Legislative Branch Appropriations, U.S. Comptroller General Gene L. Dodaro discusses GAO's FY 2026 budget request. Our budget request will enable...
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
As trade, communication, and infrastructure grow more dependent on cyberspace and digital technology, the nation has new opportunities but also faces more foreign cyber threats. The Department of State created the Bureau of Cybersecurity and Digital Policy to advance U.S. interests in cyberspace. We testified before the House Foreign Affairs Subcommittee on Europe about the evolution of State's cyber efforts and our prior work on...
GAO-25-107998
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
Federal law lets some employers pay people with disabilities less than minimum wage. Some states stopped allowing this. We looked at 2 states to find out what happened next. The states could track what happened to about 1,000 people. Almost half got new jobs. This is an "Easy Read" version of our report. Easy Read is a way some groups make their written information easier...
GAO-25-106471
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
We also published an " Easy Read" version of this report. Easy Read is a way of making written information easier to understand. We published the Easy Read version to make our report more accessible to certain people with autism and other intellectual and developmental disabilities. Employers that hold a certificate from the Department of Labor can pay people with disabilities less than the federal...
GAO-25-108191
Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
DOD's financial management and business systems modernization has been on our High Risk List since 1995. We testified that, while DOD has taken steps to address this issue, it needs to do more in areas like action plans and demonstrating results. Additionally, the full extent of fraud affecting DOD is unknown, so we've expanded this High Risk area to include fraud risk management. Finally, DOD...
VA Nursing Home Care:
Opportunities Remain to Enhance Oversight of State Veterans Homes
GAO-25-108441Published: Apr 29, 2025 . Publicly Released: Apr 29, 2025 .
Many veterans rely on nursing home care to help meet their health needs. In FY 2023, the Department of Veterans Affairs paid about $1.5 billion for veteran nursing home care provided in state veterans homes. VA provides funding and inspects these homes to ensure compliance with VA quality standards. We made 4 recommendations in our November 2022 report to help VA oversee these homes. We...
Army Corps of Engineers:
Commercial Fishing Data Could Help Inform Budget ProcessGAO-25-107447Published: Apr 28, 2025 . Publicly Released: Apr 28, 2025 .The Army Corps of Engineers maintains harbors and channels that people use to transport commercial goods and fish caught offshore. The Corps collects data about the tons of goods and the pounds of fish traveling through these ports. It prioritizes funding for maintenance and construction projects based on the tons of goods that pass through. However, the Corps does not include the commercial fishing data...
GAO-25-107143
Published: Apr 8, 2025 . Publicly Released: Apr 28, 2025 .
When it's unclear who controls a company that's participating in federal programs, there's greater risk of fraud. For example, we reported on a scheme where a company owner obscured his identity to claim a contract set aside for disabled veterans. Other cases include hidden foreign ties. A 2024 law directed some companies to report "beneficial ownership" information to the Treasury Department. Law enforcement and inspectors...
Veterans Benefits:
More Thorough Planning Needed to Help Better Protect Veterans Assisted by Representatives
GAO-25-107211
Published: Mar 28, 2025 . Publicly Released: Apr 28, 2025 .
Applying for VA benefits can be a complex and lengthy process for veterans. To help veterans with this process, they can appoint a representative, such as an attorney or advocate. VA has a program to accredit representatives to ensure they are knowledgeable and reputable. The program also reviews complaints about representatives and educates veterans about scams. VA is working to improve the program by increasing...
GAO-25-106996
Published: Apr 28, 2025 . Publicly Released: Apr 28, 2025 .
The Inflation Reduction Act of 2022 requires Medicare to negotiate prices for certain high-cost drugs. It also requires manufacturers to pay Medicare a rebate if their prices for certain drugs rise faster than inflation. As of December 2024, Medicare has focused on hiring staff, issuing guidance, and developing infrastructure to carry out these requirements. Medicare plans to use most of its nearly $3 billion in...
GAO-25-107447
Published: Apr 28, 2025 . Publicly Released: Apr 28, 2025 .
The Army Corps of Engineers maintains harbors and channels that people use to transport commercial goods and fish caught offshore. The Corps collects data about the tons of goods and the pounds of fish traveling through these ports. It prioritizes funding for maintenance and construction projects based on the tons of goods that pass through. However, the Corps does not include the commercial fishing data...
IASB
2 May 2025
29 Apr 2025
SME Implementation Group reappointments
29 Apr 2025
IRS
IR-2025-56, May 2, 2025 — The Internal Revenue Service celebrates National Small Business Week, May 4-10, with important tools and insights for entrepreneurs and small business owners to protect their businesses and successfully navigate tax filing requirements.
IRS reminder: Protect important records in case a natural disaster strikes
IR-2025-55, April 30, 2025 — The Internal Revenue Service reminds taxpayers that disaster preparation season kicks off soon with National Wildfire Awareness Month in May and National Hurricane Preparedness Week, May 4-10.
PCAOB
Apr. 28, 2025
SEC
2025-72
Washington D.C., May 5, 2025 — The Securities and Exchange Commission’s Crypto Task Force has announced the agenda and panelists for its May 12 roundtable, “Tokenization — Moving Assets Onchain: Where TradFi and DeFi Meet.”
2025-71
Washington D.C., April 29, 2025 — The Securities and Exchange Commission today announced charges against Dallas-Fort Worth residents Kenneth W. Alexander II, Robert D. Welsh, and Caedrynn E. Conner for operating a Ponzi scheme that raised at least $91 million from more than 200 investors.
2025-70
Washington D.C., April 28, 2025 — The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) has published new data and analysis on the key market areas of public issuers, exempt offerings, Commercial Mortgage-Backed Securities (CMBS), Asset-Backed Securities (ABS), money market funds, and security-based swap dealers (SBSD) in an effort to increase transparency and understanding of our capital markets amongst the public.
TIGTA