Prior to the Chief Financial Officers Act of 1990, government reports found that agencies lost billions of dollars through fraud, waste, abuse, and mismanagement. This painted a picture of a government unable to properly manage programs or effectively provide services.
The Comptroller General testified before Congress about the government’s unsustainable fiscal outlook, the need for a long-term plan to address growing debt, and other aspects of the nation's fiscal health.
The Department of Veterans Affairs is in need of transformation and should address longstanding management challenges that we currently highlight on our High Risk List.
Every year, we identify and report on federal agencies, programs, and initiatives with fragmented, overlapping, or duplicative goals or activities; and ways to reduce costs or enhance revenue.
When the Department of Homeland Security began operations in 2003, its leadership faced the daunting task of transforming 22 agencies into one department. Although DHS has been on our High Risk List since then, the department has made considerable progress.
In fiscal year 2018, our work yielded a record $75.1 billion in financial benefits, a return of about $124 for every dollar invested in us. We also identified 1,294 other benefits that led to better services for the American people and other improvements across government.
U.S.
Every 2 years, we report on federal programs/operations that are vulnerable to waste, fraud, abuse, and mismanagement, or that need broad reform—our High Risk List. Our 2019 report reviews the status of areas on the list and outlines steps to lasting solutions.
Every 2 years, we report on federal programs/operations that are vulnerable to waste, fraud, abuse, and mismanagement, or that need broad reform—our High Risk List. Our 2019 report reviews the status of areas on the list and outlines steps to lasting solutions.
In fiscal year 2018, our work yielded a record $75.1 billion in financial benefits, a return of about $124 for every dollar invested in us. We also identified 1,294 other benefits that led to better services for the American people and other improvements across government.
U.S.