Summary

Orders an independent review by the Government Accountability Office (GAO) into why parts of the Department of Veterans Affairs experienced funding shortfalls. The first review must begin within 30 days of enactment, include required elements, and result in a written report to the VA Secretary. GAO must repeat similar reviews annually for five additional years. Within 30 days of receiving each report, the VA Secretary must forward it to four congressional committees. The goal is to improve transparency, budgeting, and financial management at the VA. No new spending or tax changes are created by this measure.

Key Points

• Instructs GAO to examine why VA components had funding shortfalls
• First review must start within 30 days of enactment
• GAO must include specified elements in each review and issue a written report
• VA Secretary must receive the report and forward it to four congressional committees within 30 days
• Reviews recur annually for five additional years
• Aims to improve financial oversight and planning at the VA
• No new spending, taxes, or programs are created
• Focuses on accountability and timely reporting to Congress

Categories & Tags