GAO’s reports and testimonies give Congress, federal agencies, and the public timely, fact-based, non-partisan information that can improve government operations and save taxpayers billions of dollars.
Some criminal groups use a process called trade-based money laundering to hide their illicit funds. These schemes can include things like falsely describing goods and services in trade transactions.
Schemes can involve many types of illicit activity that cut across multiple federal agencies' roles.
Many federal agencies like the National Park Service and Federal Aviation Administration rely, in part, on user fees. In FY 2019, federal agencies collected over $100 billion in fees dedicated to specific purposes like park maintenance and airport improvements.
In enforcing regulations, federal agencies use fines to punish willful violators and to deter future violations. However, if these fines aren't regularly adjusted for inflation, they may become less effective as a deterrent.
Each year GAO reports on federal programs with fragmented, overlapping, or duplicative goals or actions and ways to reduce costs or boost revenue. We identified 112 new actions that Congress and agencies could take to address these findings—e.g.