Read the post Federal Debt Has Reached its Ceiling. What Does That Mean? September 08, 2021 In the Bipartisan Budget Act of 2019, Congress suspended the federal debt ceiling through July 31...
Read the post The U.S. General Fund – “America’s Checkbook” July 26, 2021 When you make a deposit to or withdraw cash from an ATM, your bank adjusts your account accordingly...
Read the post Swift, Sustained Action Needed to Improve Federal Response to COVID-19 March 31, 2021 The nation is now in its second year of the coronavirus pandemic and still faces a number of...
Read the post U.S. Government’s 2020 Financial Statements Reveal Serious Management Weaknesses and Ongoing Efforts to Correct Those Weaknesses March 29, 2021 The federal government has recently issued its 2020 financial statements. These statements provide a...
Read the post How Can the Federal Government Strengthen Its Response to COVID-19? September 21, 2020 Today’s WatchBlog looks at our third report on the implementation of the CARES Act and other...
Read the post Continued Surge in COVID Cases Highlights Need for Urgent Federal Action November 30, 2020 COVID-19 cases have been increasing since mid-September, further highlighting the importance of...
Read the post Fighting Money Laundering with the Bank Secrecy Act October 06, 2020 Money launderers beware: The Financial Crimes Enforcement Network (FinCEN)—an agency within the...
Read the post The Wave of Concerns Facing the National Flood Insurance Program October 14, 2020 Congress created the National Flood Insurance Program in 1968 to protect homeowners and alleviate...
Read the post The growing use of economic sanctions June 18, 2020 The U.S. government has increasingly used economic sanctions as a tool to combat threats to U.S...
Read the post GAO’s review of the federal response to COVID-19 June 25, 2020 Facing unprecedented national public health and economic crises caused by the COVID-19 pandemic...
Read the post The Federal Government Is on an Unsustainable Fiscal Path March 12, 2020 Growing debt is not just a number—it represents a threat to our economy and our ability to meet...
Read the post The Coronavirus Response: Lessons Learned from The Past March 24, 2020 The novel coronavirus, COVID-19, is quickly challenging Americans to rethink every aspect of our...
