136 
•HCON 125 RH 
(d) POLICY ON WORKFORCE DEVELOPMENT.—It is 
the policy of this concurrent resolution to build on the suc-
cess of the Workforce Innovation and Opportunity Act 
by— 
(1) further streamlining and consolidating Fed-
eral job training programs; and 
(2) empowering States with the flexibility to 
tailor funding and programs to the specific needs of 
their workforce. 
SEC. 615. POLICY STATEMENT ON THE DEPARTMENT OF 
VETERANS AFFAIRS. 
(a) FINDINGS.—The House finds the following: 
(1) For years, there has been serious concern 
regarding the Department of Veterans Affairs (VA) 
bureaucratic mismanagement and continuous failure 
to provide veterans timely access to health care. 
(2) In 2015, for the first time, VA health care 
was added to Government Accountability Office’s 
(GAO) ‘‘high-risk’’ list, due to mismanagement and 
oversight failures, which have resulted in untimely 
and inefficient health care. According to GAO, ‘‘the 
absence of care and delays in providing care have 
harmed veterans.’’. 
(3) The VA’s failure to provide timely and ac-
cessible health care to our veterans is unacceptable. 
VerDate Sep 11 2014 
23:35 Mar 23, 2016
Jkt 059200
PO 00000
Frm 00136
Fmt 6652
Sfmt 6201
E:\BILLS\HC125.RH
HC125
smartinez on DSK4TPTVN1PROD with BILLS
137 
•HCON 125 RH 
While Congress has done its part for more than a 
decade by providing sufficient funding for the VA, 
the administration has mismanaged these resources, 
resulting in proven adverse effects on veterans and 
their families. 
(b) POLICY ON THE DEPARTMENT OF VETERANS AF-
FAIRS.—It is the policy of this concurrent resolution 
that— 
(1) the House Committee on Veterans’ Affairs 
continue its oversight efforts to ensure the VA reas-
sesses its core mission, including— 
(A) reducing the number of bureaucratic 
layers; 
(B) reducing the number of senior and 
middle managers; 
(C) streamlining the disciplinary process; 
(D) 
improving 
performance 
measure 
metrics; 
(E) strengthening the administration and 
oversight of contractors; and 
(F) supporting opportunities for veterans 
to pursue other viable options for their health 
care needs; and 
(2) the House Committee on Veterans’ Affairs 
and the Committee on the Budget should continue 
VerDate Sep 11 2014 
23:35 Mar 23, 2016
Jkt 059200
PO 00000
Frm 00137
Fmt 6652
Sfmt 6201
E:\BILLS\HC125.RH
HC125
smartinez on DSK4TPTVN1PROD with BILLS
138 
•HCON 125 RH 
to closely monitor the VA’s progress to ensure VA 
resources are sufficient and efficiently provided to 
veterans. 
SEC. 616. POLICY STATEMENT ON FEDERAL ACCOUNTING. 
(a) FINDINGS.—The House finds the following: 
(1) Current accounting methods fail to capture 
and present in a compelling manner the full scope 
of the Government and its fiscal situation. 
(2) Most fiscal analyses produced by the Con-
gressional Budget Office (CBO) are conducted over 
a 10-year time horizon. The use of generational ac-
counting or a longer time horizon would provide a 
more complete picture of the Government’s fiscal sit-
uation. 
(3) The Federal budget currently accounts for 
most programs on a cash accounting basis, which 
records revenue and expenses when cash is actually 
paid or received. However, it accounts for loan and 
loan guarantee programs on an accrual basis, which 
records revenue when earned and expenses when in-
curred. 
(4) The Government Accountability Office has 
advised that accrual accounting may provide a more 
accurate estimate of the Government’s liabilities 
VerDate Sep 11 2014 
23:35 Mar 23, 2016
Jkt 059200
PO 00000
Frm 00138
Fmt 6652
Sfmt 6201
E:\BILLS\HC125.RH
HC125
smartinez on DSK4TPTVN1PROD with BILLS
139 
•HCON 125 RH 
than cash accounting for some programs, specifically 
insurance programs. 
(5) Accrual accounting under the Federal Cred-
it Reform Act of 1990 (FCRA) understates the risk 
and thus the true cost of some Federal programs, 
including loans and loan guarantees. 
(6) Fair value accounting better reflects the 
risk associated with Federal loan and loan guarantee 
programs by using a market based discount rate. 
CBO, for example, uses fair value accounting to 
measure the cost of Fannie Mae and Freddie Mac. 
(7) In comparing fair value accounting to 
FCRA, CBO has concluded that ‘‘adopting a fair- 
value approach would provide a more comprehensive 
way to measure the costs of Federal credit programs 
and would permit more level comparisons between 
those costs and the costs of other forms of Federal 
assistance’’. 
(8) The Treasury Department, when reporting 
the principal financial statements of the United 
States entitled Balance Sheet and Statement of Oper-
ations and Changes in Net Position, may omit some 
of the largest projected Government expenses, in-
cluding social insurance programs. The projected ex-
penses of these programs are reported by the Treas-
VerDate Sep 11 2014 
23:35 Mar 23, 2016
Jkt 059200
PO 00000
Frm 00139
Fmt 6652
Sfmt 6201
E:\BILLS\HC125.RH
HC125
smartinez on DSK4TPTVN1PROD with BILLS
140 
•HCON 125 RH 
ury Department in a statement of Social Insurance 
and Statement of Changes in Social Insurance 
Amounts. 
(9) This concurrent resolution directs CBO to 
estimate the costs of credit programs on a fair value 
basis to fully capture the risk associated with Fed-
eral credit programs. 
(b) POLICY ON FEDERAL ACCOUNTING METHODOLO-
GIES.—It is the policy of this concurrent resolution that 
the House should, in consultation with CBO and other ap-
propriate stakeholders, reform government-wide budget 
and accounting practices so Members and the public can 
better understand the fiscal situation of the United States 
and the options best suited to improving it. Such reforms 
may include the following: 
(1) Providing additional metrics to enhance our 
current analysis by considering the Nation’s fiscal 
situation comprehensively, over an extended time ho-
rizon, and how it affects Americans of various age 
cohorts. 
(2) Expanding the use of accrual accounting 
where appropriate. 
(3) Accounting for certain Federal credit pro-
grams using fair value accounting to better capture 
market risk. 
VerDate Sep 11 2014 
23:35 Mar 23, 2016
Jkt 059200
PO 00000
Frm 00140
Fmt 6652
Sfmt 6201
E:\BILLS\HC125.RH
HC125
smartinez on DSK4TPTVN1PROD with BILLS