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November 20, 2009 In 2009, the federal government wasted $98 billion in improper payments; in 2008, improper payments were $72 billion. The increase was largely driven by improved detection of improper payments and the large amount of federal spending associated with the economic downturn. Improper payments include overpayments to individuals or firms and benefits provided to ineligible program participants. To combat improper payments, on November 20, 2009, President Obama signed Executive Order 13520 to boost transparency, hold agencies accountable, and create incentives for compliance. Download the Report . . .

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Market Intelligence Resource | November 20, 2009

Executive Order 13520: Reducing Improper Payments

November 20, 2009 In 2009, the federal government wasted $98 billion in improper payments; in 2008, improper payments were $72 billion. The increase was largely driven by improved detection of improper payments and the large amount of federal spending associated with the economic downturn. Improper payments include overpayments to individuals or firms and benefits provided to ineligible program participants. To combat improper payments, on November 20, 2009, President Obama signed Executive Order 13520 to boost transparency, hold agencies accountable, and create incentives for compliance. Download the Report . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
Log In
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

Become A Paid Member
If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.