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Government Accountability Office Government Accountability Office (Source: Shutterstock)

The Trump Administration has placed on the back burner a Government Accountability Office recommendation that a study be conducted on the cost and usefulness of tax expenditures, which presumably would include the credit union tax exemption.

In a letter to the Office of Management and Budget earlier this month, Comptroller General Gene Dorado outlined a series of recommendations the GAO made to OMB that have not been implemented. GAO has sent a series of similar letters to federal agencies during the past few months.

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David Baumann


Credit Union Times

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