Author Archives: WatchBlog

Deterring Financial Crime with the Bank Secrecy Act

Money laundering, terrorist financing, and other illicit activities pose threats to national security and the integrity of the U.S. financial system. The Bank Secrecy Act (BSA) requires financial institutions—such as banks and money transmitters—to verify customers’ identities and report suspicious … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Podcast Roundup – Podcasts You May Have Missed

2019 was a banner year for GAO podcasts. In addition to launching our new Deep Dig podcast series, we produced more podcasts than ever before—64 in total! In case you didn’t catch them all, today’s WatchBlog features a handful of … Continue reading

Image | Posted on

Our Guide to Tech Readiness

The development of cutting-edge technologies is critical to many of the government’s most costly acquisition projects, including new weapons, satellites, nuclear facilities, and homeland security systems. The federal government spends billions of dollars acquiring these technologies. However, these technologies can … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , ,

A GAO Photo Album

They say a picture is worth a thousand words—which is one reason our Watchdogs often snap photos on the audit trail to use as evidence in our reports. In today’s WatchBlog, we’re highlighting some of the photos that helped to … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

The Importance of Good Oversight for Medicaid

Medicaid plays an important role in providing health care coverage for low-income, medically needy Americans. In 2018, Medicaid covered approximately 75 million people at a cost of about $629 billion. But overseeing this program can be challenging, given its size … Continue reading

Image | Posted on | Tagged , , , , , , , , , , ,

Protecting our Critical Infrastructure

We depend on the nation’s critical infrastructure—such as the systems that provide energy, transportation, communications, and financial services—to provide us with our basic needs. In today’s WatchBlog, we explore federal efforts to protect some of our critical infrastructure from things … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , , , , , , , ,

GAO’s 2019 Performance and Accountability Report — A Record Year in Financial Benefits

Every year, we report on how we’ve supported Congress and improved the performance and accountability of the federal government. This year, we are happy to report that we saved the government a record $214.7 billion—that’s $338 dollars for every dollar … Continue reading

Image | Posted on | Tagged , , , , , , , ,

The DATA Act: Checking in on Spending Transparency

Federal agencies spend over $4 trillion a year. But how that money is spent isn’t always easy to track. That’s one reason why Congress passed the DATA Act—requiring agencies not only to publicly report spending data on USAspending.gov, but also … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , , , , ,

On National STEM Day, Combatting Sexual Harassment in STEM Research

Research in science, technology, engineering, and math (STEM) plays a critical role in enhancing the nation’s competitiveness. Here on the WatchBlog, we’ve explored the federal government’s role in supporting STEM education, diversifying the pipeline of STEM talent, and increasing women’s … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

Helping Serve Those Who Have Served

Approximately 200,000 servicemembers transition from military service to civilian life each year. Part of the government’s commitment to military members is helping them achieve their education and career goals. This investment in servicemembers continues after they leave the military and … Continue reading

Image | Posted on | Tagged , , , , , , , , , , , , , , , , ,