CBO
Cost Estimate
H.R. 7868, FEHB Protection Act
August 16, 2024
As ordered reported by the House Committee on Oversight and Accountability on April 10, 2024
Cost Estimate
H.R. 7979, End China’s De Minimis Abuse Act
August 16, 2024
As ordered reported by the House Committee on Ways and Means on April 17, 2024
Cost Estimate
H.R. 7981, Stop China’s Exploitation of Congolese Children and Adult Forced Labor Through Cobalt Mining Act
August 16, 2024
As ordered reported by the House Committee on Ways and Means on April 17, 2024
Cost Estimate
S. 4199, JUDGES Act of 2024
August 16, 2024
As passed by the Senate on August 1, 2024
Cost Estimate
H.R. 7480, Disabled Veterans Housing Support Act
August 15, 2024
As ordered reported by the House Committee on Financial Services on May 16, 2024
Cost Estimate
H.R. 8437, Maintaining Our Ironclad Commitment to Israel’s Security Act
August 15, 2024
As ordered reported by the House Committee on Foreign Affairs on May 22, 2024
Cost Estimate
S. 4672, Border Weather Resiliency Act of 2024
August 15, 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 31, 2024
Report
Sequestration Update Report: August 2024
August 15, 2024
As required by law, 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 2024.
Cost Estimate
H.R. 8334, Grant Integrity and Border Security Act of 2024
August 14, 2024
As ordered reported by the House Committee on Oversight and Accountability on May 15, 2024
Cost Estimate
H.R. 7227, Truth and Healing Commission on Indian Boarding School Policies Act of 2024
August 14, 2024
As ordered reported by the House Committee on Education and the Workforce on June 13, 2024
Cost Estimate
H.R. 8345, No Official Palestine Entry Act of 2024
August 14, 2024
As ordered reported by the House Committee on Foreign Affairs on July 11, 2024
Cost Estimate
S. 2770, Protect Elections from Deceptive AI Act
August 14, 2024
As reported by the Senate Committee on Rules and Administration on May 15, 2024
Cost Estimate
S. 3875, AI Transparency in Elections Act of 2024
August 14, 2024
As reported by the Senate Committee on Rules and Administration on May 15, 2024
Cost Estimate
S. 3897, Preparing Election Administrators for AI Act
August 14, 2024
As reported by the Senate Committee on Rules and Administration on May 15, 2024
Cost Estimate
H.R. 1398, Protect America’s Innovation and Economic Security from CCP Act of 2024
August 13, 2024
As ordered reported by the House Committee on the Judiciary on May 22, 2024
Cost Estimate
H.R. 1425, No WHO Pandemic Preparedness Treaty Without Senate Approval Act
August 13, 2024
As ordered reported by the House Committee on Foreign Affairs on July 11, 2024
Cost Estimate
H.R. 2574, EMS Counts Act
August 13, 2024
As ordered reported by the House Committee on Education and the Workforce on July 10, 2024
Cost Estimate
H.R. 4467, DHS Border Services Contracts Review Act
August 13, 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 31, 2024
Cost Estimate
H.R. 6174, DHS Biodetection Improvement Act
August 13, 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 31, 2024
Cost Estimate
H.R. 7685, IMPACT Act
August 13, 2024
As reported by the House Committee on Science, Space, and Technology on May 23, 2024
Cost Estimate
H.R. 7914, Accountability for Terrorist Perpetrators of October 7th Act
August 13, 2024
As ordered reported by the House Committee on Foreign Affairs on July 11, 2024
Cost Estimate
H.R. 8934, Sanction Sea Pirates Act of 2024
August 13, 2024
As ordered reported by the House Committee on Foreign Affairs on July 11, 2024
Cost Estimate
S. 930, Honoring Our Fallen Heroes Act of 2024
August 13, 2024
As reported by the Senate Committee on the Judiciary on June 5, 2024
Cost Estimate
H.R. 7423, an act to designate the facility of the United States Postal Service located at 103 Benedette Street in Rayville, Louisiana, as the “Luke Letlow Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 1060, an act to designate the facility of the United States Postal Service located at 1663 East Date Place in San Bernardino, California, as the “Dr. Margaret B. Hill Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 1098, an act to designate the facility of the United States Postal Service located at 50 East Derry Road in East Derry, New Hampshire, as the “Chief Edward B. Garone Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 1555, an act to designate the facility of the United States Postal Service located at 2300 Sylvan Avenue in Modesto, California, as the “Corporal Michael D. Anderson Jr. Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 3608, an act to designate the facility of the United States Postal Service located at 28081 Marguerite Parkway in Mission Viejo, California, as the “Major Megan McClung Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 3728, an act to designate the facility of the United States Postal Service located at 25 Dorchester Avenue, Room 1, in Boston, Massachusetts, as the “Caroline Chang Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 5476, an act to designate the facility of the United States Postal Service located at 1077 River Road, Suite 1, in Washington Crossing, Pennsylvania, as the “Susan C. Barnhart Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 5640, an act to designate the facility of the United States Postal Service located at 12804 Chillicothe Road in Chesterland, Ohio, as the “Sgt. Wolfgang Kyle Weninger Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 5712, an act to designate the facility of the United States Postal Service located at 220 Fremont Street in Kiel, Wisconsin, as the “Trooper Trevor J. Casper Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 5985, an act to designate the facility of the United States Postal Service located at 517 Seagaze Drive in Oceanside, California, as the “Charlesetta Reece Allen Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 599, an act to designate the facility of the United States Postal Service located at 3500 West 6th Street, Suite 103 in Los Angeles, California, as the “Dosan Ahn Chang Ho Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 6073, an act to designate the facility of the United States Postal Service located at 9925 Bustleton Avenue in Philadelphia, Pennsylvania, as the “Sergeant Christopher David Fitzgerald Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 6651, an act to designate the facility of the United States Postal Service located at 603 West 3rd Street in Necedah, Wisconsin, as the “Sergeant Kenneth E. Murphy Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 7192, an act to designate the facility of the United States Postal Service located at 333 West Broadway in Anaheim, California, as the “Dr. William I. ‘Bill’ Kott Post Office Building”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 7199, an act to designate the facility of the United States Postal Service located at S74w16860 Janesville Road, in Muskego, Wisconsin, as the “Colonel Hans Christian Heg Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
H.R. 7906, Strengthening State and Tribal Child Support Enforcement Act
August 12, 2024
As ordered reported by the House Committee on Ways and Means on July 24, 2024
Cost Estimate
H.R. 8446, Critical Mineral Consistency Act of 2024
August 12, 2024
As ordered reported by the House Committee on Natural Resources on June 12, 2024
Cost Estimate
S. 2546, a bill to designate the facility of the United States Postal Service located at 100 North Taylor Lane in Patagonia, Arizona, as the “Jim Kolbe Memorial Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
S. 3946, a bill to designate the facility of the United States Postal Service located at 1106 Main Street in Bastrop, Texas, as the “Sergeant Major Billy D. Waugh Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
S. 4077, a bill to designate the facility of the United States Postal Service located at 180 Steuart Street in San Francisco, California, as the “Dianne Feinstein Post Office”
August 12, 2024
As reported by the Senate Committee on Homeland Security and Governmental Affairs on August 1, 2024
Cost Estimate
S. 4698, DHS Joint Task Forces Reauthorization Act of 2024
August 12, 2024
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 31, 2024
FASB
Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting
August 16, 2024
GAO
Priority Open Recommendations:
Office of Management and Budget
GAO-24-107364
Published: Aug 9, 2024 . Publicly Released: Aug 19, 2024 .
Each year, we make more than 1,000 recommendations to help the federal government save money, address issues on our High Risk List, and significantly improve government operations. This letter to the Office of Management and Budget outlines 35 open recommendations that it should prioritize. For example, we recommended that OMB take a more strategic approach to buying products and services to better leverage federal buying...
Medical Devices:
FDA Has Begun Building an Active Postmarket Surveillance System
GAO-24-106699
Published: Jul 24, 2024 . Publicly Released: Aug 15, 2024 .
More than 1.7 million injuries and 83,000 deaths over a recent 10-year period in the U.S. have been potentially linked to faulty medical devices. These medical products range from surgical masks to implantable pacemakers. FDA has begun building a surveillance system to look for potential safety issues in such devices. It plans to start with a few devices and expand over time. However, it has...
Homelessness:
Supportive Services Provided by Federal Programs
GAO-24-106688
Published: Aug 15, 2024 . Publicly Released: Aug 15, 2024 .
Over 650,000 people experienced homelessness on a single night in January 2023, according to the Department of Housing and Urban Development—the highest number since reporting began in 2007. Ending homelessness requires both housing and supportive services. HUD's Continuum of Care program funds supportive services—such as case management or transportation—to help people experiencing or at risk of homelessness. This report describes the program's services and challenges...
VA Volunteer Transportation Network:
Rides, Donations, and Program Administration
GAO-24-106983
Published: Aug 15, 2024 . Publicly Released: Aug 15, 2024 .
Travel to medical appointments has been a major barrier to health care for veterans. To help, VA administers the Volunteer Transportation Network, which offers rides to veterans. From 2018-2023: The annual number of rides provided dropped by more than half The number of volunteers dropped by nearly half VA facilities we surveyed attributed the decreases, in part, to COVID-19 disruptions. They also said recruiting and...
Federal Student Loans:
Preliminary Observations on Borrower Repayment Practices after the Payment Pause
GAO-24-107150
Published: Jul 29, 2024 . Publicly Released: Aug 14, 2024 .
Federal student loan payments resumed in October 2023 after more than 3 years of pause due to COVID-19. As of January 2024, the Education Department held $1.5 trillion in federal loans for nearly 43 million borrowers. Of the borrowers whose loans had entered repayment and weren't in default: About half—accounting for about $706 billion in loans—were current on their payments Nearly 30%—accounting for about $290...
Coast Guard:
Complete Performance and Operational Data Would Better Clarify Arctic Resource Needs
GAO-24-106491
Published: Aug 13, 2024 . Publicly Released: Aug 13, 2024 .
The United States, by virtue of Alaska, is an Arctic nation. The Coast Guard has assessed evolving risks in the region—including geopolitical tensions and climate change—and has taken steps to manage them. For example, it deployed ships to the area and participates in training exercises. But it hasn't always spent as much time as it planned for these activities. The Coast Guard hasn't fully tracked...
Discretionary Transportation Grants:
DOT Should Fully Document Key Selection Decisions for Its Rural Program
GAO-24-106882
Published: Aug 12, 2024 . Publicly Released: Aug 12, 2024 .
State and local governments are struggling to maintain rural roads. Underinvestment, the U.S. Department of Transportation says, has resulted in their slow and steady decline. Funding the surface transportation system has been on our High Risk List since 2007. We reviewed DOT's selection process for awarding $300 million slated for rural road projects. In year 1 of the program, DOT awarded $274 million to 12...
IASB
August 2024 Due Process Oversight Committee agenda and meeting paper now available
Meeting
19 Aug 2024
IASB proposes IFRS Accounting Taxonomy update for Contracts for Renewable Electricity
Consultation
15 Aug 2024
IFRS Foundation Trustees reappoint IASB members to serve a second term
Appointment
13 Aug 2024
IRS
IRS, states, tax industry announce new joint effort to combat growing scams and schemes; ongoing coordination to follow in footsteps of Security Summit’s identity theft efforts to help taxpayers and protect revenue
IR-2024-215, Aug. 16, 2024 — A coalition representing the Internal Revenue Service, state tax agencies and the spectrum of the nation’s tax industry today announced a new joint effort to combat the growth of scams and schemes threatening taxpayers and tax systems.
IRS reminds truckers of upcoming tax deadline
IR-2024-214, Aug. 15, 2024 — The Internal Revenue Service reminds those who operate large trucks and buses that the deadline for filing Form 2290, Heavy Highway Vehicle Use Tax Return, is Tuesday, Sept. 3, 2024, for vehicles used in July 2024. The usual Aug. 31 deadline is delayed until the next business day because it falls on a Saturday this year.
IRS provides details of second Employee Retention Credit Voluntary Disclosure Program; program for improper claims open through Nov. 22
IR-2024-213, Aug. 15, 2024 — The Internal Revenue Service urged businesses that have received Employee Retention Credit payments to recheck eligibility requirements and consider the second Employee Retention Credit (ERC) Voluntary Disclosure Program (VDP) to resolve incorrect claims without penalties or interest.
IRS reopens Voluntary Disclosure Program to help businesses with problematic Employee Retention Credit claims; sending up to 30,000 letters to address more than $1 billion in errant claims
IR-2024-212, Aug. 15, 2024 —The Internal Revenue Service announced today a limited time reopening of the Voluntary Disclosure Program to help businesses fix incorrect Employee Retention Credit claims as the agency continues compliance work.
IRS accepting applicants for 2025 Compliance Assurance Process with expanded eligibility criteria
IR-2024-211, Aug. 15, 2024 — The Internal Revenue Service today announced the opening of the application period for the 2025 Compliance Assurance Process (CAP) program, which will run from Sept. 4 to Oct. 31, 2024.
IRS encourages organizations planning to claim elective pay to complete pre-filing registration now for 2023 tax year
IR-2024-210, Aug. 14, 2024 — The Internal Revenue Service strongly urges qualifying businesses, tax-exempt organizations, and state, local and Indian tribal governments to complete the pre-filing registration process now for projects placed in service in 2023 if they plan to claim elective pay.
NYS
Governor Hochul Announces Emergency Assistance To Support Homeowners Impacted By The Remnants Of Hurricane Debby
August 12, 2024
PCAOB
PCAOB Posts 2023 Annual Inspection Reports Alongside Staff Observations and New Charts To Boost Transparency
Aug. 15, 2024
SEC
SEC Charges Carl Icahn and Icahn Enterprises L.P. for Failing to Disclose Pledges of Company’s Securities as Collateral for Billions in Personal Loans
2024-99
Washington D.C., Aug. 19, 2024 —The Securities and Exchange Commission today announced charges against Carl C. Icahn and his publicly traded company, Icahn Enterprises L.P. (IEP), for failing to disclose information relating to Icahn’s pledges of IEP securities as collateral to secure personal margin loans worth billions of dollars under agreements with various lenders. IEP and Icahn agreed to pay $1.5 million and $500,000 in civil penalties, respectively, to settle the SEC’s charges.
Twenty-Six Firms to Pay More Than $390 Million Combined to Settle SEC’s Charges for Widespread Recordkeeping Failures
2024-98
Washington D.C., Aug. 14, 2024 — The Securities and Exchange Commission today announced charges against 26 broker-dealers, investment advisers, and dually-registered broker-dealers and investment advisers for widespread and longstanding failures by the firms and their personnel to maintain and preserve electronic communications.
SEC Charges Russell Todd Burkhalter and His Atlanta-Based Firm With $300 Million Ponzi Scheme and Obtains Emergency Relief
2024-97
Washington D.C., Aug. 14, 2024 — The Securities and Exchange Commission today announced that it obtained a preliminary injunction, asset freeze, and other emergency relief against Atlanta-based Drive Planning LLC and its founder and CEO, Russell Todd Burkhalter, to halt a $300 million real estate Ponzi scheme impacting more than 2,000 investors. Additionally, a receiver was appointed over Drive Planning. The SEC alleges the defendants misappropriated millions of dollars of investor funds to fund Burkhalter’s lavish lifestyle and to make Ponzi-like payments.
SEC Charges OTC Link LLC with Failing to File Suspicious Activity Reports
2024-96
Washington D.C., Aug. 12, 2024 — The Securities and Exchange Commission today announced charges against OTC Link LLC, a New York-based broker-dealer, for failing to file numerous reports of suspicious financial transactions, known as Suspicious Activity Reports (SARs), for a period of more than three years. OTC Link agreed to pay $1.19 million to settle the charges.
SEC Charges NovaTech and its Principals and Promoters with $650 Million Crypto Fraud
2024-95
Washington D.C., Aug. 12, 2024 — The Securities and Exchange Commission today announced charges against Cynthia and Eddy Petion, along with their company, NovaTech Ltd., for operating a fraudulent scheme that raised more than $650 million in crypto assets from more than 200,000 investors worldwide, including many in the Haitian-American community. The SEC also charged Martin Zizi, Dapilinu Dunbar, James Corbett, Corrie Sampson, John Garofano, and Marsha Hadley for their roles in promoting NovaTech to investors.
TIGTA
Access to and Safeguarding Federal Tax Information, Investigating Unauthorized Access, and Ongoing Audits on the Security of Taxpayer Data
August 14, 2024