S. 1115, GONE Act
July 31, 2015
July 31, 2015
WASHINGTON, July 31 -- The Congressional Budget Office issued the following document:
S. 1115 would direct federal agencies to prepare reports on their efforts to close out financial accounts for expired federal grants. Information on the USASpending website maintained by the Treasury Department indicates that the government has awarded almost $600 billion annually in grants over the past five years. In 2012, the Government Accountability Office reported that about 80 percent of a . . .
S. 1115 would direct federal agencies to prepare reports on their efforts to close out financial accounts for expired federal grants. Information on the USASpending website maintained by the Treasury Department indicates that the government has awarded almost $600 billion annually in grants over the past five years. In 2012, the Government Accountability Office reported that about 80 percent of a . . .