GAO Report Identifies Billions Lost to Government Inefficiencies
Annual review highlights 112 measures to reduce overlap, duplication, and fragmentation in federal programs.
- GAO report finds billions lost annually to government overlap and duplication.
- 112 recommended actions could save money and improve efficiency.
- Defense agency could save hundreds of millions by managing cash balance effectively.
- Improving sole proprietor tax compliance could boost revenue significantly.
- Fraud losses estimated between $233 billion and $521 billion annually.