GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
In response to unfair trade practices, the U.S. imposed tariffs of up to 25% on imports from China. From July 2018-Dec. 2020 these imports amounted to $460 billion. U.S. firms affected by the tariffs could ask to be excluded from them. The Office of the U.S.
Research suggests that in countries where women participate in the labor force, economies enjoy greater growth than in similar countries where participation is restricted. U.S. trade preference programs aim to foster growth in about 130 developing countries.
The Lake Ontario-St. Lawrence River waterway supports multiple users in the U.S. and Canada that live, visit, or conduct business in the region. Representatives of both countries serve on a commission that implements Plan 2014, which governs water releases from the lake into the river.
During 2018, we made a combined 51 recommendations to the Department of State and the U.S. Agency for International Development.
Of the 36 recommendations made to State, 11 had not been followed as of April 2020.
Each year, we make more than 1,000 recommendations to help improve the federal government. We alert department heads to the recommendations where they can save the most money, address issues on our High Risk List, or significantly improve government operations.
In response to an Executive Order, the State Department launched an initiative to streamline its programs and processes in 2017 and reported specific reform projects to Congress in 2018.
We found that State is implementing most of these projects.
The Export-Import Bank helps finance U.S. companies' exports when private lenders are unable or unwilling to do so. The Bank is backed by the U.S. government—so taxpayers could be responsible for financial losses.