Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Floki Inu enables Web3 users with a new identity platform

2025-05-11

Bullish Continuation for XRP price shows possible recovery up to $ 4

2025-05-11

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

2025-05-11
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Floki Inu enables Web3 users with a new identity platform

    2025-05-11

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-11

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-11

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»The US government sends $ 162,000,000,000 to incorrect payments in just one year: report
The US government sends $ 162,000,000,000 to incorrect payments in just one year: report
Regulation

The US government sends $ 162,000,000,000 to incorrect payments in just one year: report

2025-02-16No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The US Government Accountability Office (GAO) says that the federal government made mass payment errors in the 2024 financial year.

In a new report, the congress watchdog says that the total dollar value of the “incorrect payments” of the government reaches $ 162 billion.

According to GAO, payment errors can be everything between unintended administrative errors and fraud.

They may be payments that are more than owed or underpayments where recipients did not receive the money they owed.

They can also be unknown payments where an agency cannot determine whether the account is correct or incorrect due to documentation problems or technically incorrect payments where recipients received the correct amount, but did not suffice to one or more government requirements.

Says the Gao,

“The financial year 2024 government -wide total of reported incorrect payment estimates was $ 162 billion, but it did not include estimates for certain government programs. Twelve of the 24 agencies that fall under the Chief Financial Officers Act of 1990 reported material weaknesses or significant shortcomings in control systems. “

The GAO says that incorrect payments or payment errors are a material weakness that must be resolved, given that the federal government has spent $ 1.8 trillion more than it was in the tax year of 2024, which ran from 1 October 2023 to 30 September 2024.

The watchdog is now calling for federal agencies to renew his accounting protocols to help relieve the terrible financial issues of the country.

“It is vital that the United States remain in a strong economic position to meet its social and safety needs, and to maintain flexibility to tackle unforeseen events, such as an economic decline or large -scale disaster.”

At the time of writing, the American national debt is $ 36.22 trillion.

See also  Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’

Don’t miss a beat – Subscribe to get e -mail notifications directly to your inbox

Check price promotion

Follow us on XFacebook and Telegram

Surf the Daily Hodl -Mix

Generated image: midjourney



Source link

Government Incorrect Payments report Sends Year
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

2025-05-10

The German police interrupt $ 38,260,000 in crypto from Exchanges in the midst of allegations. The exchange has been washed bybit funds

2025-05-10

Trump Blackballs Lobby firm about controversy related to his ‘Crypto Strategic Reserve’ Truth Social Post: Report: Report

2025-05-10

Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Fantom jumps 18% – What caused the increase?

2023-12-15

Former President Donald Trump Holds $250,000 In ETH, Financial Report Discloses

2023-08-12

Dash Price Forecast Remains Bearish: Will the Altcoin Fall Below $20?

2024-09-06
Editors Picks

2024 sets a record for on-chain adoption with a transaction milestone of $10 trillion

2025-01-04

Retired Binance co-founder Yi He speaks on the SEC case

2023-06-29

CME Group set to launch Solana Futures on March 17, which strengthens the ETF prospects

2025-02-28

Bitcoin Whales Continue to Accumulate Despite Price Drops – Why?

2023-12-16
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Floki Inu enables Web3 users with a new identity platform

Bullish Continuation for XRP price shows possible recovery up to $ 4

Bonk ready for launch like Bulls focuses on long-term SMA-Breakout

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,913.350.01%
  • ethereumEthereum(ETH)$2,490.003.10%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.36-1.30%
  • binancecoinBNB(BNB)$655.84-0.51%
  • solanaSolana(SOL)$173.700.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2312202.70%
  • cardanoCardano(ADA)$0.79-1.12%
  • tronTRON(TRX)$0.260864-1.21%
  • suiSui(SUI)$3.96-0.99%
  • chainlinkChainlink(LINK)$16.450.34%
  • avalanche-2Avalanche(AVAX)$24.550.91%
  • stellarStellar(XLM)$0.303803-0.26%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.42%
  • hedera-hashgraphHedera(HBAR)$0.205546-1.93%
  • the-open-networkToncoin(TON)$3.35-1.92%
  • bitcoin-cashBitcoin Cash(BCH)$411.47-2.42%
  • hyperliquidHyperliquid(HYPE)$24.10-4.92%
  • polkadotPolkadot(DOT)$5.01-1.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.28-4.79%
  • litecoinLitecoin(LTC)$100.53-3.18%
  • piPi(PI)$0.9326.67%
  • moneroMonero(XMR)$322.951.21%
  • bitget-tokenBitget Token(BGB)$4.820.21%
  • pepePepe(PEPE)$0.000013-2.66%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.056.19%
  • bittensorBittensor(TAO)$448.23-1.02%
  • nearNEAR Protocol(NEAR)$3.196.41%
  • aptosAptos(APT)$5.870.74%
  • okbOKB(OKB)$55.700.21%
  • aaveAave(AAVE)$219.00-1.40%
  • ondo-financeOndo(ONDO)$1.03-1.32%
  • ethereum-classicEthereum Classic(ETC)$19.750.66%
  • internet-computerInternet Computer(ICP)$5.571.01%
  • kaspaKaspa(KAS)$0.105265-1.11%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.63-5.22%
  • gatechain-tokenGateToken(GT)$22.09-0.87%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.259661-0.71%
  • render-tokenRender(RENDER)$5.15-0.39%
  • vechainVeChain(VET)$0.030737-0.69%
  • crypto-com-chainCronos(CRO)$0.099154-3.62%
  • mantleMantle(MNT)$0.78-0.16%
  • ethenaEthena(ENA)$0.3946413.32%
  • arbitrumArbitrum(ARB)$0.45850216.87%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$3.131.54%
  • algorandAlgorand(ALGO)$0.2412840.92%
  • bitcoinBitcoin(BTC)$103,913.350.01%
  • ethereumEthereum(ETH)$2,490.003.10%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.36-1.30%
  • binancecoinBNB(BNB)$655.84-0.51%
  • solanaSolana(SOL)$173.700.44%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2312202.70%
  • cardanoCardano(ADA)$0.79-1.12%
  • tronTRON(TRX)$0.260864-1.21%
  • suiSui(SUI)$3.96-0.99%
  • chainlinkChainlink(LINK)$16.450.34%
  • avalanche-2Avalanche(AVAX)$24.550.91%
  • stellarStellar(XLM)$0.303803-0.26%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.42%
  • hedera-hashgraphHedera(HBAR)$0.205546-1.93%
  • the-open-networkToncoin(TON)$3.35-1.92%
  • bitcoin-cashBitcoin Cash(BCH)$411.47-2.42%
  • hyperliquidHyperliquid(HYPE)$24.10-4.92%
  • polkadotPolkadot(DOT)$5.01-1.87%
  • unus-sed-leoUNUS SED LEO(LEO)$8.28-4.79%
  • litecoinLitecoin(LTC)$100.53-3.18%
  • piPi(PI)$0.9326.67%
  • moneroMonero(XMR)$322.951.21%
  • bitget-tokenBitget Token(BGB)$4.820.21%
  • pepePepe(PEPE)$0.000013-2.66%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.056.19%
  • bittensorBittensor(TAO)$448.23-1.02%
  • nearNEAR Protocol(NEAR)$3.196.41%
  • aptosAptos(APT)$5.870.74%
  • okbOKB(OKB)$55.700.21%
  • aaveAave(AAVE)$219.00-1.40%
  • ondo-financeOndo(ONDO)$1.03-1.32%
  • ethereum-classicEthereum Classic(ETC)$19.750.66%
  • internet-computerInternet Computer(ICP)$5.571.01%
  • kaspaKaspa(KAS)$0.105265-1.11%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.63-5.22%
  • gatechain-tokenGateToken(GT)$22.09-0.87%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.259661-0.71%
  • render-tokenRender(RENDER)$5.15-0.39%
  • vechainVeChain(VET)$0.030737-0.69%
  • crypto-com-chainCronos(CRO)$0.099154-3.62%
  • mantleMantle(MNT)$0.78-0.16%
  • ethenaEthena(ENA)$0.3946413.32%
  • arbitrumArbitrum(ARB)$0.45850216.87%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • filecoinFilecoin(FIL)$3.131.54%
  • algorandAlgorand(ALGO)$0.2412840.92%