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Tag Archives: Treasury
Working toward Implementing the DATA Act
Federal agencies spend more than $3.7 trillion a year. But it’s not always easy to get reliable, useful, and consistent information about this spending—information that can help improve oversight, decision making, and transparency. So, Congress passed the Digital Accountability and … Continue reading
Using Money When You Can’t See It
How does someone who is visually impaired distinguish a $1 bill from a $5 or a $20? It’s nearly impossible—U.S. paper currency is all the same size, same general design, and has the same texture. But there’s also no simple … Continue reading
Will “Hamilton” Win Big? Its Namesake Already Inspired a Lot of GAO Work
Alexander Hamilton has quite the legacy: he was the first Secretary of the Treasury; he created a plan for managing the national debt; and he is now the inspiration behind the Tony Award-nominated musical, Hamilton. In anticipation of this Sunday’s … Continue reading
The DATA Act Turns 2
The Digital Accountability and Transparency Act of 2014, known as the DATA Act, is 2 years old today. This law is supposed to make it easier to get reliable, standardized information on federal spending. Today’s WatchBlog explores what we’ve found … Continue reading
Budget Day Is Around the Corner
The 2017 President’s Budget is scheduled to be released next week. The president’s proposal is the result of work that started last spring at the White House, the Office of Management and Budget, and executive branch agencies—from Agriculture to Veterans … Continue reading
Tracking Federal Spending with the DATA Act (infographic and podcast)
The federal government spends more than $3.5 trillion dollars a year. But how that money is spent is not always easy to track. Enter the Digital Accountability and Transparency Act of 2014. Known as the “DATA Act,” this law is … Continue reading
It Takes Money to Make Money (podcast)
The U.S. Mint made 13 billion coins in 2014—some of which cost more to make than they’re worth. How can the government save money making money? Listen to Lori Rectanus, a director in our Physical Infrastructure team, discuss her team’s … Continue reading
Debt Limit 101
Congress has voted to suspend the debt limit through March 15, 2017. But how could future lawmakers address this issue in order to save the federal government money and avoid future disruptions? Today’s WatchBlog examines the debt limit. What is … Continue reading
All About Agency Financial Statement Auditing
Every year, GAO audits selected agencies’ financial statements and the consolidated financial statements of the federal government. We’ve discussed the results of our federal government audit on the WatchBlog before, but we wanted to provide more context on the agency-level … Continue reading
