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Report: GAO Helped Federal Agencies Generate $77.6B in FY 2020 Savings

1 min read
Federal Financial
Federal Financial Management

The Government Accountability Office (GAO) has issued a report saying it helped the federal government saved $77.6 billion in spending in fiscal year 2020. The figure represents a return of $114 for every dollar Congress invested in GAO. , the agency said in the FY 2020 Performance and Accountability Report published on Monday. 

GAO said it has helped agencies make 1,132 improvements in government operations. Some of those improvements are the Federal Aviation Administration’s (FAA) efforts to improve communications with law enforcement authorities over drone safety and the Veterans Health Administration’s implementation of a tool to facilitate reporting of safety and quality concerns related to medical providers. 

When it comes to its support to the legislative branch, GAO released 586 reports, made 1,459 new recommendations, accepted 550 requests for work from 90 percent of standing committees in Congress and issued 59 testimonies before lawmakers on various topics, including the COVID-19 pandemic, 2020 Census, the country’s fiscal health and disaster preparedness.

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