As much as 7% of federal spending could be fraud, according to a new report The US government could be losing between $233 billion and $521 billion to fraud each year, according to a report on a recent five-year period by the nonpartisan Government Accountability Office (GAO). Issued this week, the study – the first of its kind – looked into the federal budget between fiscal years 2018 and 2022, spanning parts of the Trump and Biden administrations, and the beginning of the Covid-19 pandemic, which saw scammers target historic aid handouts. The GAO estimated that fraud may have reached as high as 7% of federal spe
Hence then, the article about us government finances unsustainable auditors was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( US government finances ‘unsustainable’ – auditors )