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While Still High, Federal Improper Payment Level Drops in FY 2023
Estimations for Numerous Programs Not Included
Jerry Ashworth
Single Audit Information Service Module
July 15, 2024 at 07:18:22 ET
Although the amount of federal agency reported improper payments for federal fiscal year (FY) 2023 has been estimated at $236 billion — a $12 billion decline from the FY 2022 estimation — the Government Accountability Office (GAO) recently reported that the actual amount could be even higher as it does not include certain risk-susceptible programs, such as the Department of Agricult... Read More
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