Taken together these reports point to a failure to comply with basic Constitutional and legislative requirements for spending and disclosure. We urge the House and Senate Budget Committee to initiate immediate investigations of unaccounted federal expenditures as well as the source of their payment.
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Within a several days, the links to other OIG documents we identified in our search were also disabled. The sequential non-random nature of this disabling process suggests a purposeful decision on the part of OIG to make key documents unavailable to the public via the website, as opposed to website reorganization, etc.
We also revisited the website intermittently to see whether the documents had been reposted under different URLs—until very recently they had not been reposted. For an auditor, journal vouchers are a red flag for transactions not being captured, reported, or summarized correctly.
Americas Trillion-Dollar Housing Mistake: The Failure of American Housing Policy
He has emailed, phoned, and used LinkedIn to ask Ms. The July report indicates that unsupported adjustments are the result of the Defense Department's "failure to correct system deficiencies.
No information is given about these transactions. Second, do these transfers represent a flow of funds to the Army beyond those authorized by Congress? The ongoing occurrence and gargantuan nature of unsupported, i.
Californians — resist the rent-control temptation - qejysybamyjo.cf
The effects are well-known and serious. And the ranks of Californians burdened by housing costs — an official census calculation, based on paying more than a third of household income in rent — reaches beyond those of low income well into the middle class. In the run-up to the Nov. Private owners should not be asked to provide what amounts to a subsidy.
What happens in New York leads to more general conclusions about the flaws of rent regulation, including:. There is no guarantee that those of low income will benefit.
These 3 Policy Failures Are Killing the American Dream
Higher-income households are more attractive than lower-income ones. Owners who can only charge a limited rent have a strong incentive to make sure that tenants pay what landlords are allowed to charge. Many of the lower-income households being served are elderly, not the young families with children or new tech workers moving from Buffalo whom initiative-backers have in mind. In New York again, according to NYU , just under a quarter of all rent-regulated tenants are retiree households whose income may be limited but whose assets are not necessarily low.
The elderly are not moving. The over-representation of the elderly leads to a broader and much more serious problem: exceptionally low turnover.
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New York, in fact, despite its historic reputation for welcoming the ambitious, has the lowest housing turnover rate of the top 10 U. That means newcomers must double or triple-up, as they face high rents on the non-regulated units that become available.