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GAO: Summary of Performance and Financial Information Fiscal Year 2016

GAO: Summary of Performance and Financial Information Fiscal Year 2016 – Budget, Performance, and Financial Snapshot 2016. “In fiscal year 2016, we documented $63.4 billion in financial benefits for the government—a return of about $112 for every dollar invested in us. Key examples of our work that contributed to these benefits included (1) reducing improper payments in the Medicare Advantage Program (about $21.4 billion), (2) increasing the use of strategic sourcing by the Department of Veterans Affairs (VA) to reduce procurement costs (about $3.6 billion), and (3) improving cost estimatesf or the Department of Defense’s (DOD) Bulk Fuel Operation and Maintenance budget (about $2.3 billion)…”

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