Tag Archives: economic recovery

How GAO’s Recommendations Can Help the New Congress and President

What are some of the most important changes the federal government should make? Today’s WatchBlog looks at GAO’s priority recommendations for agencies—actions that warrant attention, could save large amounts of money, help Congress make decisions on major issues, and substantially … Continue reading

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How GAO Can Help in a Congressional and Presidential Transition

The 117th Congress and the incoming Presidential administration will be taking office in a time that presents significant challenges to the government. These include the coronavirus pandemic and its far-reaching public health and economic effects; the evolving issues around race … Continue reading

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GAO’s review of the federal response to COVID-19

Facing unprecedented national public health and economic crises caused by the COVID-19 pandemic, federal agencies moved swiftly to distribute funds and implement programs to help people and businesses. But, as a tradeoff for that speedy response, agencies have made only … Continue reading

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The Legacy of the Recovery Act

Ten years ago this month, Congress responded to the most serious economic crisis since the Great Depression by passing the American Recovery and Reinvestment Act of 2009 (Recovery Act). This economic stimulus package, estimated to cost more than $800 billion, … Continue reading

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Ending “Too Big to Fail”

8 years ago this month, the Federal Reserve bailed out Bear Stearns, preventing it from collapsing. This triggered an unprecedented amount of federal assistance to help stabilize markets—more than $1 trillion in loans and hundreds of billions of dollars of … Continue reading

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