Tag Archives: currency

Using Money When You Can’t See It

How does someone who is visually impaired distinguish a $1 bill from a $5 or a $20? It’s nearly impossible—U.S. paper currency is all the same size, same general design, and has the same texture. But there’s also no simple … Continue reading

Posted in Business Regulation and Consumer Protection, Equal Opportunity, Worker and Family Assistance | Tagged , , , , , , , , , , , | Leave a comment

Will “Hamilton” Win Big? Its Namesake Already Inspired a Lot of GAO Work

Alexander Hamilton has quite the legacy: he was the first Secretary of the Treasury; he created a plan for managing the national debt; and he is now the inspiration behind the Tony Award-nominated musical, Hamilton. In anticipation of this Sunday’s … Continue reading

Posted in About GAO, Auditing and Financial Management, Budget and Spending, Fiscal Outlook and The Debt, Government Operations, National Defense, Tax Policy and Administration | Tagged , , , , , , , , , , , , , , , | Leave a comment

It Takes Money to Make Money (podcast)

The U.S. Mint made 13 billion coins in 2014—some of which cost more to make than they’re worth. How can the government save money making money? Listen to Lori Rectanus, a director in our Physical Infrastructure team, discuss her team’s … Continue reading

Posted in Budget and Spending, Podcast | Tagged , , , , , , , , , , , , | Leave a comment

The Risks of Virtual Currencies

In February 2014, the Mt. Gox virtual currency exchange filed for bankruptcy, stating that a security breach resulted in the loss of bitcoins worth more than $460 million at the time. This incident is one of many real-world illustrations of … Continue reading

Posted in Business Regulation and Consumer Protection, Financial Markets and Institutions, Information Security, Justice and Law Enforcement | Tagged , , , , , , , , , , , , , , , , | 1 Comment