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Budget and Spending (111 - 120 of 4,944 items)
Strategic Sourcing: Leading Commercial Practices Can Help Federal Agencies Increase Savings When Acquiring Services
GAO-13-417: Published: Apr 15, 2013. Publicly Released: May 15, 2013.
Officials from leading companies GAO spoke with reported saving 4-15 percent over prior year spending through strategically sourcing the full range of services they buy--a process that moves away from numerous individual purchases to an aggregate approach. The federal government and leading companies buy many of the same services, such as facilities management, engineering, and information technol...
Bureau of the Public Debt: Areas for Improvement in Information Systems Controls
GAO-13-416R: Published: May 9, 2013. Publicly Released: May 9, 2013.
During GAO's fiscal year 2012 audit of the Schedules of Federal Debt managed by the Department of the Treasury's (Treasury) Bureau of the Public Debt (BPD), GAO identified four new general information systems control deficiencies related to access controls and configuration management. In a separately issued Limited Official Use Only report, GAO communicated to the Commissioner of the Bureau of th...
Internal Revenue Service: Preliminary Observations on the Fiscal Year 2014 Budget Request
GAO-13-599R: Published: May 3, 2013. Publicly Released: May 8, 2013.
In summary,The fiscal year 2013 annualized continuing resolution rate shown in the fiscal year 2014 budget ($11.9 billion) is not the enacted funding level, and the actual amount is $689 million lower.For fiscal year 2014, the President's Budget requests an increase for the Internal Revenue Service (IRS) of 9 percent ($1,044 million) in discretionary funding over the fiscal year 2012 appropriation...
State and Local Governments' Fiscal Outlook: April 2013 Update
GAO-13-546SP: Published: Apr 29, 2013. Publicly Released: Apr 29, 2013.
GAOs State and Local Fiscal SimulationsFiscal sustainability presents a national challenge shared by all levels of government. Since 2007, GAO has published long-term fiscal simulations for the state and local government sector. These simulations have consistently shown that, like the federal government, the state and local sector faces persistent and long-term fiscal pressures and, absent a...
Internal Revenue Service: 2013 Tax Filing Season Performance to Date and Budget Data
GAO-13-541R: Published: Apr 15, 2013. Publicly Released: Apr 25, 2013.
In summary, so far in the 2013 filing season, GAO found the following:Despite a late start due to tax law changes, IRS and stakeholders reported relatively smooth operations. Although the number of tax returns received and refunds issued was lower in the beginning of the filing season than last year, by the end of March these gaps had closed considerably.Overall, the percentage of callers who soug...
Corporate Tax Expenditures: Information on Estimated Revenue Losses and Related Federal Spending Programs
GAO-13-339: Published: Mar 18, 2013. Publicly Released: Apr 15, 2013.
Estimated tax revenue that the federal government forgoes resulting from corporate tax expenditures increased over the past few decades as did the total number of corporate tax expenditures. In 2011, the Department of the Treasury estimated 80 tax expenditures resulted in the government forgoing corporate tax revenue totaling more than $181 billion. Many of these tax expenditures are broadly avail...
The Federal Government's Long-Term Fiscal Outlook: Spring 2013 Update
GAO-13-481SP: Published: Apr 11, 2013. Publicly Released: Apr 11, 2013.
Since 1992, GAO has published long-term fiscal simulations showing federal deficits and debt under different sets of policy assumptions.GAO developed its long-term model in response to a bipartisan request from members of Congress concerned about the long-term effects of fiscal policy. GAO's simulations provide context for consideration of policy options. They are not intended to suggest particula...
Presidential Helicopter Acquisition: Program Makes Progress in Balancing Requirements, Costs, and Schedule
GAO-13-257: Published: Apr 9, 2013. Publicly Released: Apr 9, 2013.
The Navy made progress in the past year in establishing a sound VXX business case that reflects a rational balance between requirements, costs and schedule. In 2012, the Navy completed an updated Analysis of Alternatives (AOA) based on refined requirements and an acquisition approach that would leverage mature technologies from outside the program onto an in-production commercial or military airfr...
Budget Issues: Effects of Budget Uncertainty from Continuing Resolutions on Agency Operations
GAO-13-464T: Published: Mar 13, 2013. Publicly Released: Mar 13, 2013.
Because CRs only provide funding until agreement is reached on final appropriations, they create uncertainty for agencies about both when they will receive their final appropriation and what level of funding ultimately will be available. Effects of CRs on federal agencies differ based in part on the duration and number of CRs and may vary by agency and program. CRs include provisions that prohibit...
Strategic Sourcing: Improved and Expanded Use Could Provide Procurement Savings for Federal Information Technology
GAO-13-408T: Published: Feb 27, 2013. Publicly Released: Feb 27, 2013.
In September 2012, GAO reported that many large procurement agencies were in the early stages of implementing strategic sourcing and had achieved limited results. For example, in fiscal year 2011, the Departments of Defense, Homeland Security, Energy, and Veterans Affairs accounted for 80 percent of the $537 billion in federal procurement spending, but reported managing about 5 percent of that spe...