Articles Posted in Regulatory Information

The House Subcommittee on Government Operations has now concluded its March 17, 2026 hearing on “Oversight of the United States Postal Service: The Financial Future Under Postmaster General David Steiner,” and the message emerging from Capitol Hill is unmistakable: the United States Postal Service (USPS) faces mounting financial pressure, and time to act may be running short. According to the Subcommittee’s official wrap-up, the Postal Service’s “already-troubled financial situation is getting worse,” prompting renewed concern over whether the agency can remain viable without significant structural change.

A System Under Strain

Testimony before the Subcommittee underscored the scale of the challenge. Postmaster General David Steiner pointed to a dramatic collapse in traditional mail volume, from 213 billion pieces annually at its peak to approximately 109 billion today, representing a loss of over 100 billion pieces of mail and tens of billions in lost revenue. At the same time, while USPS has taken steps to increase revenue and reduce costs, those efforts have not kept pace with rising expenses. As the Government Accountability Office (GAO) emphasized, the current trajectory “is not sustainable,” with service performance declining even as costs continue to grow.

September 11-18, 2025

Over the past week, Philip Swagel  participated in several events where he highlighted Congressional Budget Office’s* role, discussed recent analyses, and engaged with audiences on topics ranging from tax policy to long-term fiscal challenges.

On September 11, he joined a breakfast discussion on tax policy hosted by a group of private-sector professionals, known as the “Behind the Tree” tax group.

The Social Security Administration (SSA) and legal scholars have offered sharply differing perspectives on the recently enacted One Big Beautiful Bill. In an official communication, the SSA hails the legislation as a historic victory for seniors, emphasizing tax relief for nearly 90% of Social Security recipients. By contrast, in a commentary published by VERDICT: Legal Analysis and Commentary from Justia, Amherst professor Austin Sarat criticizes the SSA’s messaging as a politicized distortion, arguing that it prioritizes presidential branding over transparency and fails to address the deeper structural challenges facing Social Security. These conflicting narratives raise important questions about policy substance, public trust, and the politicization of federal agencies.

VIEW ONE:

From the Social Security Administration:

The Federal Trade Commission announced today, January 25, that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative AI companies and major cloud service providers.

The agency’s 6(b) inquiry will scrutinize corporate partnerships and investments with AI providers to build a better internal understanding of these relationships and their impact on the competitive landscape.  The compulsory orders were sent to Alphabet, Inc., Amazon.com, Inc., Anthropic PBC, Microsoft Corp., and OpenAI, Inc.

According to Sage Lazzaro writing in Eye on AI, “The agency is investigating three multi-billion dollar deals that have shaped the AI landscape as we know it: Microsoft and OpenAI, Google and Anthropic, and Amazon and Anthropic. The FTC issued orders to all of the involved companies, seeking specifics about their agreements, the practical implications of these partnerships, analysis of the transactions’ competitive impact, competition for AI inputs and resources, and more information. This investigation could have major ramifications for these companies and the AI and technology landscape.”

In an earlier posting, CBO Projections: The 2023 Budget, we provided Congressional Budget Office (CBO) documents which discuss, from a budgetary perspective, their analysis and projections of what the federal budget and economy would look like over the next 20 years, if current laws generally remain unchanged. In this posting we focus primarily on material provided by the U.S. Government Accountability Office (GAO) to provide more general dimension to this discussion. The Budget and Accounting Act of 1921 formed the then named General Accounting Office to investigate all matters related to the  use of public funds. The Act also required GAO to report its findings to Congress and recommend ways to increase economy and efficiency in government spending. It is an independent, non-partisan agency that works for Congress.

Both the GAO and the CBO are partners in supporting Congress in its effort to ensure accountability to the American people.  While both can be involved in the development and analysis of federal and defense budgets, sometimes collaborating in these initiatives, the GAO is also responsible for monitoring expenditures, including excessive spending, and issuing legal decisions on matters such as those related to disputes involving the awarding of government contracts, and has the power to investigate activities of the executive branch, although its enforcement powers are considered negligible.

Regarding The State of the Economy of the United States: As Viewed by GAO and CBO, there are indications from the various federal agencies reporting on these matters that  over the long term the nation’s fiscal health may be in peril if current fiscal policies remain unchanged..

In the October 15, 2010 Wall Street Journal, Dionne Searcey reports that “after numerous record-shattering fines and executive prosecutions in recent years, the government’s crackdown on violations of the Foreign Corrupt Practices Act shows no signs of slowing.

So far this year, the U.S. Justice Department has carried out a dozen prosecutions, after 19 prosecutions in 2009. That doesn’t include civil cases brought under the law by the Securities and Exchange Commission.” To see Ms. Searcey’s complete article, go to:

http://online.wsj.com/article/SB10001424052748704634104575552583836621938.html?mod=dist_smartb

The New York State Office of the State Comptroller has issued it’s first Citizen-Centric Report for the fiscal year ended March 31, 2009. The format for the Citizen-Centric Report was developed by the Association of Government Accountants (AGA) and is intended to foster innovative means of communication between governments and their citizenry. The AGA believes that government financial information should be provided to citizens in a visually appealing, clear and understandable four-page document.

To view the Citizen-Centric Report for the fiscal year ended March 31,

2009, please click on the link below:

In response to criticism it received for submitting and all-male list with only one black of seven candidates to New York Governor David A. Paterson last December to fill a New York Court of Appeals opening created by the retirement of then Chief Judge Judith S. Kaye, the New York Commission on Judicial Nominations has released for public comment a number of proposed rule changes, Proposed Revisions to the Rules of the Commission on Judicial Nominations: Title 22 N.Y.C.R.R. Section 7100. The proposed revisions announced in a Press Release by the Commission on July 20; a 45 day comment period on the rules is expected to begin next week.:

Press Release Announce Proposed Rule Revisions

Download fileles of the New York Commission on Judical Nominations

The Unclassified Report of the President’s Surveillance Program released on July 10, 2009 is a review of the National Security Agency Warrantless Search Program, created during the presidency of George W. Bush some time after September 11, 2001. The unclassified report was prepared by the inspectors general of five government bodies involved in the original program. Among its many observations it raises questions about both whether the extensive secrecy of the original warrantless surveillance program limited its effectiveness and the legal basis of the original program..

The following is an excerpt from the Introduction to the Unclassified Report followed by a link to the entire Report:

From the Introduction:

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