GAO Report: Billions of Taxpayer Dollars Lost to Government Overlap and Duplication

A new report from the U.S. Government Accountability Office (GAO) reveals that billions of dollars worth of taxpayer money has been lost due to cases of overlap, duplication, and fragmentation by the federal government.

As Just The News reports, the GAO report specifically lists 112 different solutions that the government could take in order to reduce these mistakes and save money.

One of the suggestions made by the report calls for the Defense Counterintelligence and Security Agency to make sure that its working capital fund cash balance remains within its operating range, in order to save hundreds of millions of dollars through reduced prices. The report also calls for improving sole proprietor tax compliance, so as to increase revenue every year to the tune of hundreds of millions of dollars.

The GAO released another report last month estimating that fraud losses cost taxpayers anywhere from $233 billion to $521 billion on an annual basis.

“This year’s report provides Congress and federal agencies with new opportunities to save federal dollars, increase revenue, and improve the efficiency and effectiveness of a wide range of federal programs,” said Gene Dodaro, comptroller general and head of the GAO.

“By addressing this year’s pointed list, as well as open recommendations to both agencies and Congress from GAO’s past work, the federal government could potentially save tens of billions of dollars,” Dodaro added.

Get the news corporate media won't tell you.

Get caught up on today's must read stores!

By submitting your information, you agree to receive exclusive AG+ content, including special promotions, and agree to our Privacy Policy and Terms. By providing your phone number and checking the box to opt in, you are consenting to receive recurring SMS/MMS messages, including automated texts, to that number from my short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

About Eric Lendrum

Eric Lendrum graduated from the University of California, Santa Barbara, where he was the Secretary of the College Republicans and the founding chairman of the school’s Young Americans for Freedom chapter. He has interned for Young America’s Foundation, the Heritage Foundation, and the White House, and has worked for numerous campaigns including the 2018 re-election of Congressman Devin Nunes (CA-22). He is currently a co-host of The Right Take podcast.

Start the discussion at community.amgreatness.com