Federal Insurance and Other Activities That Transfer Risk or Losses to the Government

Federal Insurance and Other Activities That Transfer Risk or Losses to the Government

The United States Government Accountability Office recently published a report exposing fiscal shortcomings of Congress’ budgetary planning. There are 148 programs that require long-term financial commitments from the federal government. The GOA states Congress should “consider improving recognition of these fiscal [commitments] in budget documents.” Read the full report here.

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