GAO Says National Export Initiative Poorly Managed

Law360, New York (August 14, 2013, 3:38 PM ET) -- Congress's watchdog office on Wednesday criticized the Obama administration's management of its initiative to double U.S. exports by 2015, saying the interagency body overseeing the process lacks transparency on how it allocates export promotion resources.

The report from the Government Accountability Office criticizes the function and organization of the Trade Promotion Coordinating Committee, which is led by the U.S. Department of Commerce. Among the GAO's chief criticisms was that the TPCC has not issued a full budget description since 2008, two years before the administration even...
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