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How to Run a $5 Trillion Payment System

Statecraft

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Understanding Improper Payments in Federal Spending

This chapter reviews a government accountability office report revealing $236 billion in improper payments by the federal government in the 2023 fiscal year, with $180 billion linked to overpayments. The discussion emphasizes the distinction between improper and fraudulent payments, underlining the necessity for better payment accuracy and fraud detection in key government programs.

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