Trustees Report & Trust Funds: “The Medicare Program is the second-largest social insurance program in the U.S., with 44.1 million beneficiaries and total expenditures of $432 billion in 2007. The Boards of Trustees for Medicare (also Boards) report annually to the Congress on the financial operations and actuarial status of the program. Beginning in 2002,… Continue Reading
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Monthly Archives: March 2008
The Financial Action Task Force Issues Terrorist Financing Report
“The Financial Action Task Force (FATF) is an inter-governmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing.” FATF Terrorist Financing Report, March 14, 2008 (37 pages, PDF): “This study examines the means used by terrorists to raise funds and the wide variety of… Continue Reading
DOJ OIG Audits: U.S. Marshals Service, Offices, Boards and Divisions, Assets Forfeiture Fund
United States Marshals Service Annual Financial Statement, Fiscal Year 2007, Audit Report 08-15, March 2008 (Commentary and Summary Only) Offices, Boards and Divisions Annual Financial Statement, Fiscal Year 2007, Audit Report 08-17, March 2008 (Commentary and Summary Only) Assets Forfeiture Fund and Seized Asset Deposit Fund Annual Financial Statement, Fiscal Year 2007, Audit Report 08-14,… Continue Reading
Social Security's Financial Outlook: The 2008 Update in Perspective
Related to this posting today, Social Security Trustees Release 2008 Annual Report, a new report, Social Security’s Financial Outlook: The 2008 Update in Perspective, by Alicia H. Munnell, Center for Retirement Research at Boston College. “The Trustees of the Social Security system have just issued the 2008 projections for the system over the next 75… Continue Reading
Social Security Trustees Release 2008 Annual Report
News release: “The Social Security Board of Trustees today released its annual report on the financial health of the Social Security Trust Funds. While the key dates for program costs exceeding tax revenues and Trust Fund exhaustion remain unchanged, the 2008 Trustees Report shows improvement in the projected long-term financial status of the Social Security… Continue Reading
New GAO Reports: No Child Left Behind Act, Native Hawaiian Education Act, Federal User Fees
No Child Left Behind Act: Education Actions Could Improve the Targeting of School Improvement Funds to Schools Most in Need of Assistance, GAO-08-380, February 29, 2008 Native Hawaiian Education Act: Greater Oversight Would Increase Accountability and Enable Targeting of Funds to Areas with Greatest Need, GAO-08-422, March 25, 2008 Federal User Fees: Substantive Reviews Needed… Continue Reading
Federal Home Loan Bank Board, Home Owners' Loan Corporation, and Federal Savings and Loan Corporation Annual Reports
“The annual reports and other documents relating to the Federal Home Loan Bank between 1933 and 1952 have been posted. These documents include reports on its related subsidiaries throughout that period – the Federal Home Loan Bank System and Administration, the Home Owners’ Loan Corporation, the Federal Savings and Loan Association, the Federal Savings and… Continue Reading
Jane's Information Services Ranks 50 Most Stable and Properous Countries in the World
UK Times Online: “A one-year investigation and analysis of 235 countries by Jane’s Information Services has put the UK joint seventh in the premier league of nations with the US at 22nd and Switzerland, normally associated with wealth and untouchable stability, is rated 17th. Here is the full list…” Continue Reading
DOT OIG: Assessment of FAA's Cost Accounting System and Practices
Assessment of FAA’s Cost Accounting System and Practices, Report Number: FI-2008-045. On March 21, 2008, we issued our final report on the Assessment of FAA’s Cost Accounting System and Practices. During FY 2006, FAA completed the implementation of the cost accounting system and, in FY 2007, finalized implementation of a labor distribution system. Overall, we… Continue Reading
DOJ Closes Investigation of XM and Sirius Satellite Radio Merger
News release and analysis: “The Department of Justice’s Antitrust Division issued the following statement today after announcing the closing of its investigation into the proposed merger of XM Satellite Radio Holdings Inc. with Sirius Satellite Radio Inc. – After a careful and thorough review of the proposed transaction, the Division concluded that the evidence does… Continue Reading
CEQ Fact Sheet: Conserving Our Oceans
Fact Sheet Prepared by the White House Council on Environmental Quality – Conserving Our Oceans, March 24, 2008. Continue Reading
NOAA Releases Report on Deep Sea Coral Program
“NOAA released the first report to Congress on the Implementation of the Deep Sea Coral Research and Technology Program, called for in the Magnuson-Stevens Fishery Conservation and Management Reauthorization Act of 2006 (MSRA). Prepared under the auspices of NOAA’s Coral Reef Conservation Program and in consultation with the Nation’s eight Regional Fishery Management Councils, the… Continue Reading
