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Search Tags: improper payments
OMB said $687 million was recovered across all agencies this year in improper payments.
The Social Security Administration's process for citizens to file claims can create just as much wasteful spending as intentional fraud.
Your agency needs to know what programs are wasting money so it can fix them. Federal News Radio's Francis Rose spoke with former federal procurement policy chief Steve Kelman about his idea to let federal employees vote for programs to be eliminated.
Obama administration officials told Congress agencies are taking a more aggressive stance than ever in their efforts to cut improper payments. The White House has set a goal of reducing such payments by $50 billion by next fiscal year.
Thirteen lawmakers sent a letter to DoD urging greater efforts to eliminate improper payments.
The chairman of the subcommittee on federal financial management said legislation may be needed to ensure agency accounting procedures are focusing on stopping improper payments. He said progress across the government is good, but more tools are necessary. OMB is testing the Do Not Pay List and plans to launch the full portal in 2012.
The agency plans to follow the model credit card companies use to identify potential problems on the front end instead of trying to chase down the money after the fact. CMS accounts for about 46 percent of all improper payments across the government. Overall, OMB wants to reduce the governmentwide error rate to 4.18 percent by 2013.
Reducing improper payments is important to any agency or company. Dave Dantus and Russell Keziere from Pegasystems offer tips.
February 15, 2011
House oversight subcommittee will kick off the financial management agenda next week.
TSP Board's Tom Trabucco describes the news system aimed at preventing another improper payment that happened earlier in the month.