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ANALYSIS of IMPROPER PAYMENT Form

ANALYSIS of IMPROPER PAYMENT Form

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hello and welcome to the genuine learning blog my name is Melissa gasso and today we're going to talk about a not so fun topic um but it is a new report that's just come out of GAO on improper payments for fiscal year 2023 so since 2003 20 years um the cumulative improper payment estimate um from the executive branch agencies estimated about 2.7 trillion with the te dollars and and obviously the goal of the federal government is to reduce improper payments because that's obviously your tax dollars not being used for what we want them to right and so they have been reporting on improper payments the GAO um as part of their oversight of the federal government and most of these represent either material weaknesses or other significant deficiencies in internal controls where payments are being made um but the review and approval process clearly is not working and so obviously uh the estimate is not a complete estimate we'll talk a little bit about why that i

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