About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

120891 1 (1983-03-23)

handle is hein.gao/gaobacszb0001 and id is 1 raw text is: SUMMARY OF GAO TESTIMONY ON 9.R. 597 BY DAVID E. BRYANT, JR. GROUP DIRECTOR (CLAIMS) ACCOUNTING AND FINANCIAL MANAGEMENT DIVISION GAO supports this Bill for two reasons. First, it will have the effect of shifting the fiscal accountability to agencies for allowable claims between $25,000 and $100,000 and an additional $75,000 of claims in excess of $100,000. The fiscal accounta- bility may be to the government's benefit in compromise settlement offers and in the management of government activities which give rise to claims of these type. Secondly, administrative paperwork will be reduced and allowable claims of under $100,000 and the first $100,000 of claims over $100,000 will be'paid 4-6 weeks faster than is now the case. GAO sees possibly reduced and at worst the same overall level of Treasury disbursement for claims affected by H.R. 597. GAO sees no loss of oversight capability should H.R. 597 be enacted. 120891

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most