$236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report

The US government is botching hundreds of billions of dollars of payments per year, according to a new report. The Government Accountability Office (GAO) says federal agencies made $236 billion in “improper payments” last year – a number that includes overpayments, inaccurate recordkeeping and fraud. The agency says the wasteful and erroneous spending is a...