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GAO: Duplication, Waste Cost Taxpayers

A new GAO report finds billions in bloat in the federal government. Can we get the cutting right?

Rep. Elijah Cummings, Rep. Darrell Issa, Sen. Daniel Akaka, Sen. Joseph Lieberman, Sen. Susan Collins, Sen. Ron Johnson, and Comptroller General Eugene Dodaro discuss the Government Accountability Office's (GAO) "High Risk Series" report. (AP)

Rep. Elijah Cummings, Rep. Darrell Issa, Sen. Daniel Akaka, Sen. Joseph Lieberman, Sen. Susan Collins, Sen. Ron Johnson, and Comptroller General Eugene Dodaro discuss the Government Accountability Office's (GAO) "High Risk Series" report. (AP)

Budget fever all over now.  It’s a real issue, around deficits and public spending.  And it’s a hot political billy club that can be swung pretty wild.

Today in Washington, is another chapter.  The non-partisan General Accounting Office, the GAO, was ordered to go out looking for duplication and overlap in federal government.  They went out, and they found it.  Fifteen agencies overseeing food safety and fifty-six programs to help people understand finances.  Redundancy on redundancy at the Pentagon.  Now what?

This hour On Point: Tightening up, and targeting austerity.

 

              – Tom Ashbrook

Guests:

Damian Paletta, reporter, Wall Street Journal

Maya MacGuineas, president of the Committee for a Responsible Federal Budget and Director of the Fiscal Policy Program at the New America Foundation. The Wall Street Journal called her “an anti-deficit warrior.”

Linda Bilmes is professor at Harvard Kennedy School. She was Chief Financial Officer and Assistant Secretary for Management and Budget at the U.S. Department of Commerce, from 1999-2001.

You can read the full GAO report here.

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ONPOINT
TODAY
Oct 23, 2014
Specialist Ronnie Howard, center, calls out prices as he works at his post on the floor of the New York Stock Exchange Thursday, Oct. 16, 2014. Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear. (AP)

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