Hearing
Solutions Needed: Improper Payments Total $115 Billion in Federal Misspending
Chairman Platts Hearing Opening Statement
This hearing will address improper payments made by the federal government, and will continue this Subcommittee's examination of federal financial management issues. In FY 2011, the federal government reported $115 billion in improper payments. This is only an estimate; the total amount of improper payments is unknown.
Improper payments occur for a variety of reasons, but they are all the result of poor financial ...