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GAO provides fact-based, nonpartisan information to Congress. Often called the "congressional watchdog," GAO investigates federal spending and performance.
The United States Government Accountability Office (GAO) is an independent agency that provides fact-based, nonpartisan information to Congress. It is often referred to as the congressional watchdog, as it investigates federal spending and performance. The GAO was established in 1921 and has since been providing valuable insights into government operations.
The GAO's mission is to support Congress in meeting its constitutional responsibilities and help improve the performance and accountability of the federal government for the benefit of the American people. The agency achieves this by conducting audits, evaluations, investigations, legal analyses, and other services.
One of the primary functions of the GAO is to conduct audits on federal agencies' financial statements. These audits ensure that agencies are using taxpayer dollars efficiently and effectively while complying with applicable laws and regulations. The GAO also evaluates programs across various sectors such as healthcare, education, defense, energy, environment among others.
In addition to its auditing function, the GAO also conducts evaluations on various issues affecting government operations. These evaluations provide Congress with recommendations on how best to address these issues for better governance.
Another critical role played by the GAO is investigating allegations of fraud or misconduct within federal agencies. This investigative work helps ensure that public officials are held accountable for their actions while promoting transparency in government operations.
The GAO's work has been instrumental in identifying areas where improvements can be made within government operations leading to significant cost savings for taxpayers over time. For example; In 2019 alone they identified $214 billion in potential cost savings across different sectors through their audit reports.
Overall; The United States Government Accountability Office plays a crucial role in ensuring transparency and accountability within our nation's governance system through its fact-based nonpartisan information provision services which have helped improve efficiency while saving taxpayers money over time.
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