
tommyguns2
Senior Moderators
Staff Member
- Dec 25, 2010
- 7,072
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I'm not being a smart ass here. But the natural question to ask is if all these agencies are doing this job, then why is all this waste, graft and fraud present? It's not a conservative or liberal thing. It's just the natural outgrowth of a lack of accountability and transparency.Several U.S. government agencies are responsible for controlling, investigating, and eliminating waste, fraud, and abuse across different sectors. The main agencies include:
Federal Agencies:
- Government Accountability Office (GAO)
- Conducts audits and investigations to identify inefficiencies, waste, and fraud in federal spending.
- Office of Inspector General (OIG)
- Nearly every federal agency has its own OIG to investigate fraud, waste, abuse, and mismanagement within its specific area.
- General Services Administration (GSA)
- Manages federal procurement and promotes efficiency in federal agencies to prevent wasteful spending.
- Office of Management and Budget (OMB)
- Oversees implementation of financial management practices across federal agencies, aiming to reduce wasteful expenditures.
- Department of Justice (DOJ)
- Investigates and prosecutes criminal fraud and corruption involving federal resources.
- Federal Bureau of Investigation (FBI)
- Investigates federal fraud cases, including financial crimes, corruption, and misuse of public funds.
- Internal Revenue Service (IRS)
- Detects and investigates fraud and abuse related to tax filings and tax evasion schemes.
- Federal Trade Commission (FTC)
- Protects consumers from fraudulent or deceptive practices by businesses and enforces antitrust laws.
State and Local Agencies:
- State Auditors and Inspectors General
- Many states have their own auditors or OIG offices responsible for monitoring and eliminating waste and fraud at the state and local levels.
- Attorneys General Offices
- Investigate and prosecute fraud and consumer protection cases within state jurisdictions.
Specialized Oversight Bodies:
- Recovery Accountability and Transparency Board (RATB) (temporary, formed during major stimulus programs)
- Special Inspectors General (e.g., SIGTARP, which oversaw the Troubled Asset Relief Program)
Musk looked at US Treasury payments, and noted that about $4.5T in payments that did not include the Treasury Account Symbol (TAS), which is the ID code used to classify transactions of the Fed. Govt.
Transactions logged using a TAS code are sent to both the Treasury and Office for Management and Budget (OMB) for reporting to ensure money is spent according to its intended purpose.
With expenditures of $7-7.5T, $4.5T wasn't coded so it couldn't be tracked. Why? Why didn't any of these agencies whose job they have to ID and reduce fraud not even have processes in place that every small business in this country employs?
DOGE claims it found $4.7 trillion in Treasury payments that are ‘untraceable’
Musk touted his organization’s ability to bring a ‘major improvement in Treasury payment integrity’