Serial No. 113-3: Exploring GAO's High Risk List and Opportunities for Reform, Hearing Before the Committee on Oversight and Government Reform, One Hundred Thirteenth Congress, First Session, February 14, 2013 [open pdf - 3MB]
This is the February 14, 2013 hearing, "Exploring GAO's High Risk List and Opportunities for Reform," before the U.S. House of Representatives Committee on Oversight and Government Reform. From the opening statement of Darrell E. Issa: "Today we are having our broadest oversight hearing that we have in any one Congress. That is because the GAO's [Government Accountability Office] report is, in fact, on all spending of government and all risk to government and, in fact, is the most important report published. Each 2 years, General Dodaro and his staff assess all the risks to the government, in size of the risk in dollars but also in the likelihood of success or failure. This risk produces the top, if you will, highest threats. It also recognizes the success that sometimes occurs because of both GAO and this committee's efforts to work with government to reduce waste and risk to government. This year, by one account, we lost $261 billion, or 7 percent of our total spending, in fraud and waste. I might note that when you annualize that, or if you will decade-ize it, that represents $2.6 trillion, about twice what we are looking at for the sequestration." Statements, letters, and materials submitted for the record include those of the following: Darrell E. Issa, Elijah E. Cummings, Gerald E. Connolly, Matthew Cartwright, and Gene L. Dodaro.
Serial No. 113-3
U.S. House Committee on Oversight and Government Reform: http://www.oversight.house.gov/