As reported by the House Committee on Oversight and Government Reform on June 4, 2025
CBO estimates that debt-service costs under H.R. 1, the One Big Beautiful Bill Act, would total $551 billion over the 2025–2034 period—increasing the bill's cumulative effect on the deficit to $3.0 trillion.
CBO estimates how the surge in immigration that began in 2021 affected state and local budgets in 2023. State and local tax revenues grew, but the costs of providing services grew more.
As reported by the House Committee on Oversight and Government Reform on June 4, 2025
CBO estimates the budgetary and economic effects of increases in tariffs that were implemented through executive action between January 6 and May 13, 2025.
As ordered reported by the House Committee on Transportation and Infrastructure on April 2, 2025
As ordered reported by the House Committee on Veterans’ Affairs on May 6, 2025
Cost Estimate
June 4, 2025
GAO
GAO-25-108211
Published: May 29, 2025 . Publicly Released: Jun 5, 2025 .
GAO-25-108404
Published: May 29, 2025 . Publicly Released: Jun 5, 2025 .
GAO-25-107975
Published: Jun 5, 2025 . Publicly Released: Jun 5, 2025 .
The U.S. Center for SafeSport is responsible for protecting amateur athletes from emotional, physical, and sexual misconduct and abuse in the U.S. Olympic and Paralympic communities. Congress requires that the Center be independent from the U.S. Olympic Committee in several ways. For example, former employees of the U.S. Olympic Committee must observe a 2-year "cooling-off period" before working or volunteering at the Center. The Olympic...
GAO-25-107205
Published: Jun 5, 2025 . Publicly Released: Jun 5, 2025 .
Separation from the military is a particularly vulnerable time for service members. Veterans Affairs and the Department of Defense jointly developed a separation health assessment that screens for certain mental health conditions. VA began administering the assessment in 2023. But the screening questions for some of the mental health conditions on the assessment weren't fully validated—meaning that they hadn't been tested or determined to be...
GAO-25-107263
Published: Jun 5, 2025 . Publicly Released: Jun 5, 2025 .
The Army is shifting focus from fighting insurgencies in the Middle East to preparing for potential large-scale combat operations. This shift means different priorities for its weapon systems—including long-range artillery and missiles. The Army's success in developing such systems rapidly has been mixed. One of four planned systems was canceled because of testing failures due to technology that wasn't yet ready. Our leading practices for...
DOD Fraud Risk Management:
DOD Should Expeditiously and Effectively Implement Fraud Risk Management Leading PracticesGAO-25-108500Published: Jun 4, 2025 . Publicly Released: Jun 4, 2025 .We testified about the Department of Defense's efforts to reduce the risk of fraud. The scale and scope of its spending—including about $445 billion pledged in FY 2024 to contracts for new weapons, support services, and more—make it susceptible. However, DOD lacks a robust fraud risk management program, and its leadership hasn't shown a strong commitment to this issue. As a result, we recently expanded...
GAO-25-107369
Published: Jun 4, 2025 . Publicly Released: Jun 4, 2025 .
Advanced manufacturing quickly turns new materials and methods into products, like airplane parts 3D-printed on demand. The Manufacturing USA Program connects businesses, academic institutions, and others through 17 institutes that do research and development and train workers. The Departments of Commerce, Defense, and Energy sponsor the institutes—whose work can lead to new technologies. We found agencies could improve how they work with the institutes. Specifically...
GAO-25-106980
Published: Jun 4, 2025 . Publicly Released: Jun 4, 2025 .
During the COVID-19 pandemic, the Department of Health and Human Services struggled to lead the nation's testing efforts, which required close coordination with public and private stakeholders. This was one reason we added HHS's leadership of public health emergencies to our High Risk List. We convened a roundtable of 19 experts to discuss ways HHS could improve testing. This report outlines their nearly 100 suggestions...
GAO-25-107000
Published: Jun 3, 2025 . Publicly Released: Jun 3, 2025 .
Data breaches at federal agencies could compromise millions of Americans' sensitive information. To reduce the threat of identity fraud, the General Services Administration launched Login.gov—an online tool that many federal agencies use to verify the identities of their website users. Login.gov largely implemented federally-recommended data protection practices. However, it didn't fully implement procedures to test the integrity of its backup data. Such testing can help...
GASB
IR-2025-64, June 5, 2025 — The Internal Revenue Service today reminded tax pros the early bird registration rate for the 2025 IRS Nationwide Tax Forum expires on Tuesday, June 10.
PCAOB
PCAOB Posts 18 New Inspection Reports and Two Expanded ReportsJ
Jun. 4, 2025
SEC
2025-82
Washington D.C., June 4, 2025 — The Securities and Exchange Commission today published a concept release soliciting public comment on the definition of foreign private issuer.
2025-81
Washington D.C., June 2, 2025 — The Securities and Exchange Commission today announced that Natalia Díez Riggin has been named Senior Advisor and Director of the agency’s Office of Legislative and Intergovernmental Affairs. Ms. Riggin has been serving as Acting Director since joining the SEC in January.
2025-80
Washington D.C., May 29, 2025 — The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting at the SEC Headquarters in Washington D.C. on June 5, 2025, at 10 a.m. ET. The meeting will also be webcast on the SEC website.