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[10] On January 16, 2020, the Government Accountability Office (GAO) issued a decision on the "Matter of: Office of Management and Budget—Withholding of Ukraine Security Assistance." The GAO report found: "In the summer of 2019, OMB withheld from obligation approximately $214 million appropriated to DOD for security assistance to Ukraine.
Under U.S. tax rules, the de minimis rule governs the treatment of small amounts of market discount. Under the rule, if a bond is purchased with a small amount of market discount (an amount less than 0.25% of the face value of a bond times the number of complete years between the bond's acquisition date and its maturity date) the market discount is considered to be zero and the discount on the ...
The 128-month (10.7-year) economic expansion that began in June 2009 abruptly ended at a peak in February 2020, with the U.S. entering a recession due to the COVID-19 pandemic. [12] The U.S. unemployment rate, which had hit a 50-year low (3.5%) in February 2020, hit a 90-year high (14.7%) just two months later, matching Great Depression levels.
The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise, [6] is a spending request by President Barack Obama to fund government operations for October 2009–September 2010.
Decreased tax revenue and high spending resulted in an unusually large budget deficit of about $1.4 trillion, well above the $407 billion projected in the FY 2009 budget. [10] A 2009 CBO report indicated that $245 billion, about half of the excess spending, was a result of the 2008 TARP bailouts .
The US government uses a variety of discount rates but something around 7% is what the US Office of Management and Budget (OMB) recommends for a pretax rate of return on private investments. [2] In the United Kingdom, HM Treasury fixes the social discount rate for the public sector at 3.5%. [3]
The poverty rate declined from 15.1% in 1993 to 11.3% in 2000, the largest six-year drop in poverty in nearly 30 years. The number in poverty fell from 39.2 million in 1993 to 31.58 million in 2000, a decline of 7.6 million. [52] The homeownership rate reached 67.7% near the end of the Clinton administration, the highest rate on record.
In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. [1]