BusinessPostCorner.com
No Result
View All Result
Thursday, July 16, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

IIA protests GAO budget cuts

August 25, 2025
in Accounting
Reading Time: 3 mins read
A A
0
IIA protests GAO budget cuts
ShareShareShareShareShare

The Institute of Internal Auditors expressed its opposition to efforts to slash the funding of the Government Accountability Office nearly in half.

Republicans on the House Appropriations Committee have proposed steep budget cuts for the GAO, reducing its budget from about $812 million for fiscal year 2025 to $415 million in fiscal year 2026. The proposed cuts would severely affect the GAO’s ability to uncover financial waste and fraud, and a number of organizations have written to congressional leaders to protest the proposed budget cuts, including the IIA. The Senate Appropriations Committee has since rejected the proposal to halve the GAO’s budget, but the GAO has nevertheless faced pressure to curtail some of its watchdog activity.

“For more than a century, GAO has served as a pillar of good governance responsible for providing Congress with ‘timely information that is objective, fact-based, nonpartisan, nonideological, and balanced,'” said a letter from IIA  president and CEO Anthony Pugliese earlier this month. “Through comprehensive audits and evaluations, the dedicated professionals at GAO promote a more efficient federal government by identifying waste, enhancing performance, and safeguarding taxpayer dollars.” 

“Given GAO’s essential role in equipping Congress with objective analysis to ensure government accountability, The IIA is increasingly concerned by recent attempts to politicize the agency through unfounded accusations,” he continued. “While it is certainly appropriate for public officials to question or disagree with GAO, such comments misleadingly suggest that the agency has abdicated its core mission to pursue a political agenda. Unfortunately, specious allegations against public sector auditors are proliferating across North America. Officials frequently dismiss audit findings as ‘political’ rather than engage constructively or implement difficult recommendations. 

“This changing environment risks undermining the ability of public sector auditors, such as GAO, to safeguard public resources,” he added. “For example, on June 26, 2025, the U.S. House Committee on Appropriations approved its version of the FY26 Legislative Branch Appropriations Act that, if enacted, would cut GAO’s budget by approximately 50%. Such a substantial reduction in appropriations will prevent Congress from obtaining objective and timely information regarding pertinent government programs. Moreover, it will place taxpayer resources at risk of waste, fraud, and abuse.” 

“As leaders of the U.S. House subcommittee with legislative jurisdiction over GAO, The IIA urges you to reject political expediency and stand in strong support of GAO,” said the letter. “Specifically, we encourage you to utilize your committee leadership positions to oppose efforts to drastically cut funding for GAO in FY 2026.”

Other groups have also written to congressional leaders to express their opposition to the GAO funding cuts.

The GAO has come under pressure from the Trump administration after opening a series of investigations into whether the administration illegally withheld billions of dollars in congressionally approved funds, according to the New York Times.

“We issued a letter under my name to Congress criticizing the decision to defund the GAO,” Pugliese told Accounting Today in an interview last week. “Not many people took a stand on it. I’m not thinking we’re going to have the weight of the U.S. government come down on us because I have a slight disagreement with a 50% reduction in GAO’s funding. But we’ve gone the opposite way of DOGE, I guess. Don’t cut, at least don’t touch the watchdogs.”

“The administration says they’re not efficient and they’re not effective and there’s zero evidence as to either,” Pugliese added.

The head of the GAO, comptroller general Gene Dodaro wrote his own letter objecting to the budget cuts.

“Our work is congressionally-driven and reflects congressional committees’ highest priorities. Specifically, about 95 percent of our audit work is mandated or requested by Congress,” Dodaro wrote in June. “This occurs by Congress including provisions in statute or conference and committee reports requiring GAO reviews or by committee leadership requesting GAO conduct a review. The remaining five percent of our work is conducted under the Comptroller General’s authority and largely focuses on work supporting our high-risk list (a long standing, bipartisan body of work), budget justification reviews for the Appropriations Committees, and technology assessments—all areas of significant interest to Congress. All our legal decisions flow from our statutory responsibilities or are requested by Members of Congress.” 

Pugliese noted that he regularly meets with Dodaro on many things, the current head of it. “I’m not out there auditing what he does per se, but I think what they do is rather focused and efficient, to be quite frank. They find a lot. They’re nonpartisan. The fact that maybe his affiliation is with one party or the other shouldn’t translate into his job, and it doesn’t from what I can tell.”

Credit: Source link

ShareTweetSendPinShare
Previous Post

The emperor strikes back—but Trump’s revenge and deflection aren’t public protection

Next Post

Epstein’s estate subpoenaed by House Oversight Committee

Next Post
Epstein’s estate subpoenaed by House Oversight Committee

Epstein's estate subpoenaed by House Oversight Committee

Tax-exempt central organizations get new IRS form

Tax-exempt central organizations get new IRS form

July 14, 2026
Claude AI Most Powerful Model Predicts Explosive Solana Rally

Claude AI Most Powerful Model Predicts Explosive Solana Rally

July 15, 2026
EasyJet agrees in principle to rival £5.7bn takeover bid from US company

EasyJet agrees in principle to rival £5.7bn takeover bid from US company

July 10, 2026
Dimon pressed over whether he lobbied UK government on Epstein’s advice

Dimon pressed over whether he lobbied UK government on Epstein’s advice

July 13, 2026
ACA Marketplace insurers propose 14% premium hike for 2027

ACA Marketplace insurers propose 14% premium hike for 2027

July 14, 2026
Tech News: Puzzle announces AI Suite for month-end close

Tech News: Puzzle announces AI Suite for month-end close

July 10, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

TSMC pledges another 0bn to expand US production in Arizona

TSMC pledges another $100bn to expand US production in Arizona

July 16, 2026
Current price of oil as of July 16, 2026

Current price of oil as of July 16, 2026

July 16, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!