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12:07 pm, November 22, 2014

Rainmakers and Money Savers

Federal News Radio's special report, Rainmakers and Money Savers, takes a look at the federal employees who play a critical role recouping money for the government. Investigators who help put away the Medicaid fraudster, sleuths who track the tax cheat and Robin Hood-like agents who redistribute the wealth from assets seized from criminals may come to mind pretty easily, but there are many others. And their return on the government's investment in them can be as much as 10 times what they're paid annually. Federal News Radio brings you four unique stories about the dedicated people that have spent their careers making rain and saving coin.

Part 1: Dirty money: How asset forfeiture is returning billions to the federal coffers

In 2013, the U.S. Marshals Service sold more than 22,000 seized assets for a total of $2 billion. In part one of our special report, Rainmakers and Money Savers, Federal News Radio goes behind the scenes of the Justice Department's asset forfeiture programs to examine the work federal employees are doing on a daily basis, resulting in billions of dollars going straight into the federal coffers.

Wednesday - 08/13/2014, 03:55am EDT
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Photos: The bells and whistles of profit seizure

Rainmakers and money savers in the federal government help to keep the Treasury coffers filled. The U.S. Marshals Service is responsible for taking care of assets and planning the best way to sell them.

Friday - 08/08/2014, 03:40pm EDT

Part 2: SSA OIG employees turn limited budget into 20-to-1 return on investment

The Social Security Administration Office of Inspector General almost tripled its goal to return $8 for every $1 spent on the agency. Between October 2013 and March 2014, the IG recovered millions in criminal convictions, audits and legal penalties, contributing to an overall 20-to-1 return on investment for American taxpayers. In part two of our special report, Rainmakers and Money Savers, Federal News Radio goes behind the scenes of the SSA OIG to examine the work federal employees are doing on a daily basis, resulting in billions of dollars going straight into the federal coffers.

Wednesday - 08/13/2014, 04:26am EDT
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Part 3: Saving money by making money: Engineer's quest saves millions at US Mint

A savings of $2 million per year is now being realized at the U.S. Mint after an innovative engineer stepped out of the box and asked a friend at another federal agency for help. In part three of our special report, Rainmakers and Money Savers, Federal News Radio takes you inside the lab where a group of engineers and nanotribologists combined their expertise to solve a coin-making problem and, in turn, saved a lot of cash.

Thursday - 08/14/2014, 04:24am EDT
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Part 4: SEC employees harness big data, cloud to open up savings

The Securities and Exchange Commission is responsible for billions of financial trade records a day, but it took the agency weeks and months and analyze them. The SEC quietly found a way to speed up that process — and save about $3 million at the same time. In part four of our special report, Rainmakers and Money Savers, Federal News Radio goes behind the scenes of the Securities and Exchange Commission to examine the work federal employees are doing on a daily basis, resulting in millions of dollars going straight into the federal coffers.

Thursday - 08/14/2014, 04:46am EDT
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