US Political News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Government Report Identifies Tens Of Billions Of Dollars In Savings

2/28/2012 3:05 PM ET

A report released by Government Accountability Office on Tuesday identified a number of federal programs, agencies, offices, and initiatives that have duplicative goals or activities, potentially wasting billions of taxpayer dollars.

The GAO said it has identified 51 areas where programs may be able to achieve greater efficiencies or become more effective in providing government services.

"We have found that agencies can often realize a range of benefits, such as improved customer service, decreased administrative burdens, and cost savings from addressing the issues we raise in this report," the GAO said.

The agency said that the report also summarizes 19 additional opportunities for agencies or Congress to consider taking action that could either reduce the cost of government operations or enhance revenue collections.

The GAO said, "Collectively, this report shows that, if actions are taken to address the issues raised herein, as well as those from our 2011 report, the government could potentially save tens of billions of dollars annually, depending on the extent of actions taken."

A similar report released in March of 2011 identified 81 opportunities to reduce potential duplication, save tax dollars, and enhance revenue.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Political News

comments powered by Disqus