Search
 
News

Trump Administration Rejects Recommendation to Study Tax Expenditures

The GAO continues to push the OMB to work with agencies to determine which tax expenditures contribute to an agency’s goals.

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.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

David Baumann

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.