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US Government Sends $162,000,000,000 in Erroneous Payments in Just One Year: Report

US Government Sends 2,000,000,000 in Erroneous Payments in Just One Year: Report

The U.S. Government Accountability Office (GAO) says the federal government made massive payment errors during the 2024 fiscal year. In a new report, the congressional watchdog says the total dollar value of the government’s “improper payments” hit $162 billion. According to the GAO, payment errors can be anything between unintentional administrative errors and fraud. They […]

The post US Government Sends $162,000,000,000 in Erroneous Payments in Just One Year: Report appeared first on The Daily Hodl.

Saylor Projects Bitcoin’s Market Cap Will Hit $500 Trillion, Demonetizing Gold and Real Estate 

$236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report

6,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report

The US government is botching hundreds of billions of dollars of payments per year, according to a new report. The Government Accountability Office (GAO) says federal agencies made $236 billion in “improper payments” last year – a number that includes overpayments, inaccurate recordkeeping and fraud. The agency says the wasteful and erroneous spending is a […]

The post $236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report appeared first on The Daily Hodl.

Saylor Projects Bitcoin’s Market Cap Will Hit $500 Trillion, Demonetizing Gold and Real Estate