Today's GAO Reports - February 15, 2007

The Government Accountability Office (GAO) today released the following reports, correspondence and testimonies:

Reports

1. Risk-Based Capital: Bank Regulators Need to Improve Transparency and Overcome Impediments to Finalizing the Proposed Basel II Framework. GAO-07-253, February 15.  Highlights

2. Federal Deposit Insurance Corporation: Human Capital and Risk Assessment Programs Appear Sound, but Evaluations of Their Effectiveness Should Be Improved. GAO-07-255, February 15.  Highlights

3. Deposit Insurance: Assessment of Regulators' Use of Prompt Corrective Action Provisions and FDIC's New Deposit Insurance System. GAO-07-242, February 15.  Highlights

4. Defense Logistics: Improved Oversight and Increased Coordination Needed to Ensure Viability of the Army's Prepositioning Strategy. GAO-07-144, February 15.  Highlights

5. Secure Border Initiative: SBInet Expenditure Plan Needs to Better Support Oversight and Accountability. GAO-07-309, February 15.  Highlights

6. Business Systems Modernization: Internal Revenue Service's Fiscal Year 2007 Expenditure Plan. GAO-07-247, February 15.  Highlights

Correspondence

1. Update on the United Nations' Capital Master Plan. GAO-07-414R, February 15.

Testimonies

1. Rebuilding Iraq: Reconstruction Progress Hindered by Contracting, Security, and Capacity Challenges, by David M. Walker, comptroller general of the United States, before the House Committee on Oversight and Government Reform. GAO-07-426T, February 15.  Highlights

2. Coast Guard: Preliminary Observations on Deepwater Program Assets and Management Challenges, by John P. Hutton, acting director, acquisition and sourcing management, before the Subcommittee on Homeland Security, House Committee on Appropriations. GAO-07-446T, February 15.  Highlights

3. Coast Guard: Coast Guard Efforts to Improve Management and Address Operational Challenges in the Deepwater Program, by Stephen L. Caldwell, acting director, homeland security and justice issues, before the Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard, Senate Committee on Commerce, Science, and Transportation. GAO-07-460T, February 14.  Highlights

4. Freedom of Information Act: Processing Trends Show Importance of Improvement Plans, by Linda D. Koontz, director, information technology, before the Subcommittee on Information Policy, Census, and National Archives, House Committee on Oversight and Government Reform. GAO-07-491T, February 14.  Highlights

5. Health Care Spending: Public Payers Face Burden of Entitlement Program Growth, While All Payers Face Rising Prices and Increasing Use of Services, by A. Bruce Steinwald, director, health care, before the Subcommittee on Military Construction, Veterans Affairs, and Related Agencies, House Committee on Appropriations. GAO-07-497T, February 15.

6. Children's Health Insurance: States' SCHIP Enrollment and Spending Experiences and Considerations for Reauthorization, by Kathryn G. Allen, director, health care, before the Subcommittee on Health, House Committee on Energy and Commerce. GAO-07-501T, February 15.  Highlights

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