Update
Recovery Audits Yield $47 Billion in Returned Grant Funds, $70 billion in Contract Funds
December 4, 2013 at 09:09:00 ET
Recent and proposed legislation continues to target improper payments with the expressed intent of the federal government to recover funds that have been deemed as improperly paid. Those efforts extend beyond the federal campaign to reduce fraud, waste and abuse. The Office of Management and Budget last year recovered $47 billion from recipients after audits of grant programs revea...
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