Future budget projections (1 - 10 of 89 items)
2020 Census: Census Bureau Needs to Improve Its Life-Cycle Cost Estimating Process
GAO-16-628: Published: Jun 30, 2016. Publicly Released: Jun 30, 2016.
Since 2012, the U.S. Census Bureau (Bureau) has taken significant steps to improve its capacity to carry out an effective cost estimate; however, its October 2015 cost estimate for the 2020 Census does not fully reflect characteristics of a high-quality estimate and cannot be considered reliable. To reflect these characteristics, an organization must meet or substantially meet four best practices...
State and Local Governments' Fiscal Outlook: 2014 Update
GAO-15-224SP: Published: Dec 17, 2014. Publicly Released: Dec 17, 2014.
GAO's State and Local Fiscal SimulationsFiscal sustainability presents a national challenge shared by all levels of government. Since 2007, GAO has published simulations of long-term fiscal trends in the state and local government sector. These simulations have consistently shown that state and local governments face long-term fiscal pressures. Absent any policy changes, the sector will face an in...
Department of Energy: Observations on DOE's Management Challenges and Steps Taken to Address Them
GAO-13-767T: Published: Jul 24, 2013. Publicly Released: Jul 24, 2013.
As GAO has reported over the last decade, the Department of Energys (DOE) management of major projects and programs, security and safety at DOE sites, and reliable enterprise-wide management information, including budget and cost data, are among the most persistent management challenges the department faces. Challenges managing major projects and programs. The Office of Environmental M...
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...
U.S. Postal Service: Status, Financial Outlook, and Alternative Approaches to Fund Retiree Health Benefits
GAO-13-112: Published: Dec 4, 2012. Publicly Released: Dec 27, 2012.
The Postal Service Retiree Health Benefits Fund (PSRHBF) covered about 49 percent of the U.S. Postal Service's (USPS) $94 billion retiree health benefit liability at fiscal year-end 2012. USPS's deteriorating financial outlook, however, will make it difficult to continue the current prefunding schedule in the short term, and possibly to fully fund the remaining $48 billion unfunded liability over...
Streamlining Government: Key Practices from Select Efficiency Initiatives Should Be Shared Governmentwide
GAO-11-908: Published: Sep 30, 2011. Publicly Released: Sep 30, 2011.
Given continuing budget pressures combined with the focus on performance envisioned in the GPRA Modernization Act of 2010, federal agencies need to identify ways to operate more efficiently. GAO was asked to (1) describe selected initiatives that federal departments are implementing to achieve efficiencies; and (2) identify key practices associated with implementing these initiatives, as well as s...
U.S. Postal Service: Actions Needed to Stave off Financial Insolvency
GAO-11-926T: Published: Sep 6, 2011. Publicly Released: Sep 6, 2011.
By the end of this fiscal year--in less than one month--the U.S. Postal Service (USPS) projects that it will incur a $9 billion loss; reach its $15 billion borrowing limit; not make its $5.5 billion retiree health benefits payment; and thus, become insolvent. USPS recently summarized this situation as the equivalent of facing Chapter 11 bankruptcy. In August 2011, USPS outlined new proposals to ad...
Department of Veterans Affairs: Issues Related to Real Property Realignment and Future Health Care Costs
GAO-11-877T: Published: Jul 27, 2011. Publicly Released: Jul 27, 2011.
This testimony discusses lifetime costs of supporting the newest generation of veterans. The Department of Veterans Affairs (VA) operates one of the largest health care delivery systems in the nation, providing care to a diverse population of veterans. VA operates about 150 hospitals, 130 nursing homes, and 820 outpatient clinics through 21 regional health care networks called Veterans Integrated...
Dodd-Frank Act: Eleven Agencies' Estimates of Resources for Implementing Regulatory Reform
GAO-11-808T: Published: Jul 14, 2011. Publicly Released: Jul 14, 2011.
This testimony provides information on selected federal agencies' reported funding and staff resources associated with implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) in 2010, 2011, and 2012. The recent financial crisis is considered to be the worst since the Great Depression, and data from the Board of Governors of the Federal Reserve System (Federal Re...
2010 Census: Preliminary Lessons Learned Highlight the Need for Fundamental Reforms
GAO-11-496T: Published: Apr 6, 2011. Publicly Released: Apr 6, 2011.
GAO added the 2010 Census to its list of high-risk programs in 2008 in part because of (1) long-standing weaknesses in the Census Bureau's (Bureau) information technology (IT) acquisition and contract management function, (2) difficulties in developing reliable life-cycle cost estimates, and (3) key operations that were not tested under operational conditions. These issues jeopardized the Bureau's...