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Civilian, FEATURED ARTICLES, Industry News, Media Outlet

Improper payments rose to $144B in 2016

For the fourth straight year, the federal government increased the amount of money described as improper payments. The Government Accountability Office is reporting that agencies exceeded $144 billion in improper payments in fiscal 2016, up from $137 billion in 2015.

This increase translates to a higher improper payment rate as well, up to 4.67 percent of all outlays from 4.39 percent last year. Despite the increase, the rate still is half a percent lower than when President Barack Obama took office in 2009, GAO said.

Source: Improper payments rose to $144B in 2016 – FederalNewsRadio.com

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