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The Treasury Department's Troubled Asset Relief Program was a response to the 2007-2009 financial crisis. Treasury used TARP to distribute hundreds of billions of dollars in assistance to financial institutions and others.
TARP had 2 investment programs left as of Sept. 30, 2021.
Transit agencies and local governments have encouraged the development of mixed-use residential and commercial neighborhoods near bus or rail services to increase ridership and revenues. Local stakeholders and developers plan and build these "transit-oriented developments.
The federal Black Lung Disability Trust Fund pays benefits to coal miners in certain circumstances, such as when the liable mine operator doesn't pay. But the Trust consistently borrows from the Treasury's general fund to cover costs.
To see the version of this page in English, see GAO-21-297.
Agencias federales enfrentaron desafíos sin precedentes al responder al huracán Maria de 2017, cuyo causó daños extensivos en Puerto Rico y las Islas Vírgenes de EE.UU.
A recent National Academies report proposed new space telescopes for NASA, potentially adding to NASA's 3 current major space telescope projects. One current project (the James Webb Space Telescope) plans to launch in December after years of delays and cost increases.
The Department of Defense uses intellectual property (IP) to operate and maintain its weapons systems. IP includes computer software, technical data, user manuals, and more. Over the past 3 decades, we reported that insufficient IP can reduce mission readiness and lead to surging costs.
As of March 2020, nonfederal pay (e.g., for state and local government and private sector workers) was on average 23% higher than federal pay for similar jobs, despite pay equity efforts. One such effort was to increase federal pay in specific areas of the U.S.
The Department of Veterans Affairs operates one of the largest health care systems in the country. It owned 5,625 buildings and leased 1,690 more in FY 2020 to help provide this care. VA has a growing maintenance backlog and estimated that it needs $22.6 billion to correct facility deficiencies.
Each year, millions of K-12 students experience hostile behaviors like bullying, hate speech, hate crimes, or assault. In school year 2018-19, about 1.3 million students, ages 12 to 18, were bullied for their race, religion, national origin, disability, gender, or sexual orientation.