What GAO FoundThree long-standing major impediments prevented GAO from expressing an opinion on the U.S. government's 2012 accrual-based consolidated financial statements: (1) serious financial management problems at the Department of Defense (DOD), (2) the federal government's inability to adequately...
What GAO FoundGAO's 2013 annual report identifies 31 new areas where agencies may be able to achieve greater efficiency or effectiveness. Seventeen areas involve fragmentation, overlap, or duplication. For example, GAO reported that the Department of Defense could realize up to $82 million in cost savings...
Fiscal Year 2014 Budget RequestIn February, GAO submitted its fiscal year (FY) 2014 budget request for a modest increase of 1.9 percent to bolster its staff capacity and retain its highly skilled workforce. Consistent with guidance from the appropriations committees and OMB, the FY 2014 request was based...
What GAO FoundGAO's 2013 annual report identifies 31 new areas where agencies may be able to achieve greater efficiency or effectiveness. Seventeen areas involve fragmentation, overlap, or duplication. For example, GAO reported that the Department of Defense could realize up to $82 million in cost savings...
What GAO FoundThe U.S. Postal Service (USPS) continues to incur unsustainable operating deficits, has not made required payments of $11.1 billion to prefund retiree health benefits, and has reached its $15 billion borrowing limit. Thus far, USPS has been able to operate within these constraints, but...
What GAO FoundIn summary, GAO's 2013 annual report identifies 31 new areas where agencies may be able to achieve greater efficiency or effectiveness. Within these 31 areas, GAO identifies 81 actions that the executive branch or Congress could take to address the issues GAO identified. Although it may...
What GAO FoundIn the past 2 years, notable progress has been made in the vast majority of areas that were on GAO's 2011 High Risk List. Congress passed several laws and took oversight actions to help address high-risk areas. Top administration officials at the Office of Management and Budget and the...
Operations and Potential Impact of SequestrationIn just this past fiscal year alone, GAO's work yielded significant results across the government, including $55.8 billion in financial benefits--a return of $105 for every dollar invested in GAO and 1,440 other benefits--that is, recommendations that helped...
What GAO FoundIn February 2011, GAO detailed 30 high-risk areas. Sufficient progress has been made to remove the high-risk designation from two areas.Management of Interagency Contracting. Improvements include (1) continued progress made by agencies in addressing identified deficiencies, (2) establishment...
What GAO FoundThe U.S. Postal Service (USPS) continues to incur unsustainable operating deficits, has not made required payments of $11.1 billion to prefund retiree health benefits, and has reached its $15 billion borrowing limit. Thus far, USPS has been able to operate within these constraints, but...