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The nation faces serious economic, security, and social challenges that require difficult policy choices in the near term in setting national priorities and charting a path forward for economic growth. This will influence the level of federal spending and how the government obtains needed resources.
What GAO Found Agency-reported improper payment estimates for fiscal year 2019 totaled about $175 billion, based on improper payment estimates reported by federal programs, an increase from the fiscal year 2018 total of $151 billion.
The Congress and administration face serious economic, security, and social challenges that will require difficult policy choices in the near term about the level of federal spending and investments as well as ways to obtain needed resources.
What GAO Found In fiscal year 2016, the Department of Health and Human Services' (HHS) Centers for Medicare & Medicaid Services (CMS) assessed its advance premium tax credit (PTC) program as susceptible to significant improper payments.
What GAO Found Government-wide, improper payment estimates totaled $124.7 billion in fiscal year 2014, a significant increase of approximately $19 billion from the prior year's estimate of $105.8 billion.
What Participants SaidParticipants highlighted the following themes during the forum: Focus on key populations. Participants discussed a number of areas that should be the most sustained focus of the nations financial literacy efforts in the coming years.