
How to Run a $5 Trillion Payment System
Statecraft
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.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.