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<classification authority="sudocs">GA 1.13:T-AIMD-00-96</classification>
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 <subject>Financial management</subject>
 <subject>Balanced budgets</subject>
 <subject>Congressional oversight</subject>
 <subject>Cost control</subject>
 <subject>Productivity in government</subject>
 <subject>Performance measures</subject>
 <subject>Accountability</subject>
 <subject>Internal controls</subject>
 <subject>Federal aid programs</subject>
 <subject>Eligibility criteria</subject>
 <identifier>Medicare Program</identifier>
 <identifier>Social Security Program</identifier>
 <identifier>Earned Income Tax Credit</identifier>
 <identifier>Community Development Block Grant</identifier>
 <identifier>FEMA Public Assistance Program</identifier>
 <identifier>FEMA National Flood Insurance Program</identifier>
 <identifier>Medicare Fee-for-Service Program</identifier>
 <identifier>Medicare Choice Program</identifier>
 <identifier>HHS Operation Restore Trust</identifier>
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 <title>Congressional Oversight: Opportunities to Address Risks,</title>
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<abstract>Pursuant to a congressional request, GAO discussed the budget and
oversight challenges facing the federal government, focusing on ways to:
(1) address activities at risk of fraud, waste, abuse, and
mismanagement; (2) improve the economy and efficiency of federal
operations; (3) reassess what the federal government does; and (4)
redefine the beneficiaries of federal government programs.&lt;p/&gt;GAO noted that: (1) in selecting priorities for oversight, major
attention should be given to addressing the vulnerability of many
critical federal programs and operations to the risk of fraud, waste,
abuse, and mismanagement; (2) over the years, GAO&apos;s work has shown that
central functions and programs critical to personal and national
security, ranging from Medicare to weapons acquisitions, have been
hampered by daunting financial and program management problems; (3)
these problems result in persistent exposure of these activities to
waste and abuse; (4) these weaknesses have real consequences with large
stakes that are important and visible to many Americans; (5) some of the
problems involve the waste or improper use of scarce federal resources;
(6) federal funds are diverted from their intended uses or
beneficiaries, revenues owed are not effectively identified or
collected, or excessive inventories and procurement costs drive federal
costs higher than they need to be for some areas; (7) high-risk areas
and improper payment problems reflect deeply rooted weaknesses in
federal financial and program management, as well as more fundamental
tensions associated with conflicting statutory goals and complex program
delivery systems and mechanisms; (8) the government&apos;s financial systems
are all too often unable to perform the most rudimentary bookkeeping for
federal entities, many of which are engaged in financial transactions
whose magnitude, complexity, and risk exceeds those of large private
companies; (9) weaknesses in underlying financial systems make agencies
vulnerable by undermining their ability to safeguard assets, account for
appropriated resources, or measure the costs of their activities; (10)
effective congressional oversight can improve performance accountability
and financial integrity of existing programs by addressing the delivery
strategies and structures used to implement federal programs; (11)
addressing high-risk activities and pursuing opportunities to improve
economy and efficiencies in government operations can yield significant
improvements and cost savings and, hence, should be important targets
for congressional oversight; (12) Congress originally defines the
intended audience for any program or service based on a certain
perception of eligibility and need; and (13) to better reflect changing
conditions and target limited resources, these definitions should be
periodically reviewed and revised.</abstract>
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<identifier type="preferred citation">GAO/T-AIMD-00-96</identifier>
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<note>Testimony</note>
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<subject>
 <topic>Financial management</topic>
 <topic>Balanced budgets</topic>
 <topic>Congressional oversight</topic>
 <topic>Cost control</topic>
 <topic>Productivity in government</topic>
 <topic>Performance measures</topic>
 <topic>Accountability</topic>
 <topic>Internal controls</topic>
 <topic>Federal aid programs</topic>
 <topic>Eligibility criteria</topic>
 <topic>Medicare Program</topic>
 <topic>Social Security Program</topic>
 <topic>Earned Income Tax Credit</topic>
 <topic>Community Development Block Grant</topic>
 <topic>FEMA Public Assistance Program</topic>
 <topic>FEMA National Flood Insurance Program</topic>
 <topic>Medicare Fee-for-Service Program</topic>
 <topic>Medicare Choice Program</topic>
 <topic>HHS Operation Restore Trust</topic>
</subject>
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