Acting on the Annual Duplication Report Act of 2021
This act aims to address Government Accountability Office recommendations to eliminate duplicate government programs to increase efficiency and savings. It introduces changes across the Departments of Defense, Education, Energy, Housing, and Treasury. This includes reviewing military surcharges, closing student loan repayment loopholes, and establishing new security requirements for tax data.
Key points
Military changes: review of administrative surcharges in the foreign military sales program and modification of the pay calculation for military housing contractors.
Education changes: closing the forbearance loophole regarding cohort default rates to maximize effective use and recoupment of federal loans.
Financial changes: authorization to change coin composition to reduce costs, requirement for scannable codes on paper tax returns, and new security standards.
Housing changes: studies on Ginnie Mae guaranty fees, workforce structure, and compensation to optimize revenue and oversight.
Energy changes: review of options for the optimal size and configuration of the Strategic Petroleum Reserve.
Status:
Expired
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