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Federal Budget: Opportunities for Oversight and Improved Use of Taxpayer Funds

Description: Testimony issued by the General Accounting Office with an abstract that begins "No government should waste its taxpayers' money, whether we are operating during a period of budget surpluses or deficits. Further, it is important for everyone to recognize that waste, fraud, abuse, and mismanagement are not victimless activities. Resources are not unlimited, and when they are diverted for inappropriate, illegal, inefficient, or ineffective purposes, both taxpayers and legitimate program beneficiar… more
Date: June 18, 2003
Creator: United States. General Accounting Office.
Partner: UNT Libraries Government Documents Department
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Charitable Contributions: The Itemized Deduction Cap and Other FY2011 Budget Options

Description: The Administration's 2010 and 2011 budget outlines contain a proposal to cap the value of itemized deductions at 28%, for high-income taxpayers. In the 2010 proposal, the expected revenue was dedicated to addressing health care issues; as other sources are expected to finance health care, the proposal is now part of the increased taxes on upper-income taxpayers. This report contains information on the comparisons to past tax changes, estimated effects on aggregate charitable giving, effects by … more
Date: March 18, 2010
Creator: Gravelle, Jane G. & Marples, Donald J.
Partner: UNT Libraries Government Documents Department
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