“The government could save tens of billions of dollars by addressing 467 issues, the Government Accountability Office (GAO) said in its annual report released Tuesday…”
“The report said the Defense Department could save hundreds of millions that go toward unfinished work at military depots, the Centers for Medicare & Medicaid Services could save tens of millions by pushing states to implement screening and enrollment requirements for providers, and that the Government National Mortgage Association could save tens of millions of dollars through making its operations more efficient.”
“It also pointed to outstanding issues, such unfulfilled recommendations on low-activity waste that could save the Department of Energy tens of billions of dollars, as well as IRS efforts to combat identity theft refund fraud that could save billions.”
“The report comes as the nation faces steep economic challenges. The federal deficit is on track to hit a record of $3.7 trillion this year, 2.5 times larger than the highest on record, as the government moves to keep the economy afloat during the COVID-19 pandemic…” Read the full article here.
Source: GAO identifies ‘tens of billions’ in potential government savings – By Niv Elis, May 20, 2020. The Hill.