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Federal Budget: Opportunities for Oversight and Improved Use of Taxpayer Funds

GAO-03-1030T Published: Jul 17, 2003. Publicly Released: Jul 17, 2003.
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Highlights

The hearing today deals with the important congressional obligation to exercise oversight over the use of taxpayer funds, recognizing that waste, fraud, abuse, and mismanagement are not victimless activities. When resources are diverted for inappropriate, illegal, inefficient, or ineffective purposes, both taxpayers and legitimate program beneficiaries are cheated. Beyond preventing obvious abuse, government also has an obligation to modernize its practices and processes and fundamentally reexamine and reprioritize its activities to meet the demands and needs of today's changing world.

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Congressional oversightCost effectiveness analysisFederal fundsFunds managementProgram managementTaxpayersSupplemental security incomeMedicareTaxesSSA ticket payments