Skip to main content

Lapse in Appropriations

Please note that a lapse in appropriations has caused GAO to shut down its operations. Therefore, GAO will not be able to publish reports or otherwise update this website until GAO resumes operations. In addition, the vast majority of GAO personnel are not permitted to work. Consequently, calls or emails to agency personnel may not be returned until GAO resumes operations. For details on how the bid protest process will be handled during the shutdown, please see the legal decisions page. For information related to the GAO Personnel Appeals Board (PAB), please see the PAB webpage.

Testimony: Federal Payment Processes and Systems Related to the U.S. General Fund

GAO Managing Director Kristen Kociolek testified about federal payment processes and systems related to the General Fund, and our knowledge of audit activities over these systems. This testimony is based on our recurring audits of the General Fund.

Treasury's Fiscal Service manages the General Fund systems that are critical to the government's financial infrastructure. For example, these systems disburse payments to American people and businesses; collect taxes and other revenue; and borrow the funds necessary to run the federal government.

In FY 2022, $23.2 trillion flowed into the General Fund and $22.8 trillion flowed out.
Date: Mar 11, 2025
Runtime: 00:05:14
Learn more
Financial Management: Overview of Federal Payment Process
Privacy Statement

This player is provided by Google/YouTube, which may set a persistent cookie on your computer or device upon its use. Consult YouTube's privacy policies for further information. Please see GAO's Privacy, Legal and Other Site Policies for information about GAO's privacy policy.