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The Recovery Act and TARP: GAO's Oversight Role

GAO-09-846CG Published: Jun 17, 2009. Publicly Released: Jun 17, 2009.
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Highlights

This is an Acting Comptroller General Presentation delivered to NSACT'S NSAA Annual Conference in Savannah, Georgia on June 17, 2009. Major topics include: the purpose of the American Recovery and Reinvestment Act (Recovery Act), composition of state and local Recovery Act funding, challenges for federal, state, and local officials, and financial institutions and markets.

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AccountabilityConsumer protectionCost analysisCritical infrastructureFederal legislationFinancial analysisFinancial institutionsFinancial managementFinancial regulationFiscal policiesFunds managementInternal controlsLocal governmentsLossesMonitoringPublic debtRecessionRisk assessmentRisk managementState budgetsState governmentsTechnology