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The 2010 Financial Report of the United States Government was released on December 21, 2010. [21] The accompanying press release states that the GAO 'cannot render an opinion on the 2010 consolidated financial statements of the federal government , because of widespread material internal control weaknesses, significant uncertainties, and other ...
Despite the GAO report, the ATF claimed in October 2010 only about 20 people have been trained to use eTrace in Mexico. [19] This discrepancy has not been explained. With the assistance of the ATF's Mexico City office and the Narcotics Affairs Section of the U.S. Department of State, the ATF anticipated conducting numerous additional courses in ...
Agencies must prepare annual performance reports that review the agency's success or failure in meeting its targeted performance goals. The performance goals must cover each program activity made in the agency budget. [1] The Office of Management and Budget (OMB) is tasked pursuant to the GPRA with producing an annual report on agency ...
In December 2010 the Government Accountability Office (GAO) noted that the cost of conducting the census has approximately doubled each decade since 1970. [17] In a detailed 2004 report to Congress, the GAO called on the Census Bureau to address cost and design issues, and at that time, had estimated the 2010 census cost to be $11 billion. [19]
Critics of SPOT have argued that it results in racial profiling of airport passengers, and that it has produced few results. [1] [4] In 2010, the Government Accountability Office (GAO) released a report criticizing the TSA for deploying the program at airports throughout the country without providing scientific validation of how it could be effective.
The GAO's Fiscal Year 2016 annual budget was $555 million, with "Measurable financial benefits from GAO work: $63.4 billion--a return of about $112 on every dollar invested in GAO." [12] In contrast, GAO reports show that the Defense Department's 2,200 overlapping financial systems cost $18 billion a year to operate. [5]
The GAO financial statements present data on an accrual basis, meaning as expenses are incurred rather than actual cash payments. [47] President Obama's 2010 budget proposal includes a total of $663.8 billion, including $533.8 billion for the DOD and $130 billion for overseas contingencies, primarily the wars in Iraq and Afghanistan.
The Emergency Economic Stabilization Act created the Troubled Asset Relief Program to administer up to $700 billion. Several oversight mechanisms are established by the bill, including the Congressional Oversight Panel, the Special Inspector General for TARP (SIGTARP), the Financial Stability Oversight Board, and additional requirements for the Government Accountability Office (GAO) and the ...