From Oversight to Overlooked: The Government’s Failure to Control Trillions in Misspent Funds

The Government Accountability Office (GAO), created more than a century ago to assist Congress in its constitutionally mandated oversight responsibilities, issued a report just last year which estimated that in a span of 20 years, including 2023, that the US Government made $2.7 TRILLION dollars in improper expenditures resulting from overpayments, inaccurate record keeping, and fraud. In fiscal year 2023 alone, GAO determined the federal government improperly dispensed $269 Billion.

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Published on February 12, 2025 21:01
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Llewellyn H. Rockwell Jr.'s Blog

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