One Rule Has Saved Americans from Billions in Wasteful Government Spending

United States Capitol Building

A rule requiring the Government Accountability Office (GAO) to publish annual reports on wasteful spending has saved billions of taxpayer dollars since 2011, according to an Open the Books report released Wednesday.

Former Republican Oklahoma Sen. Tom Coburn amended the Pay-As-You-Go Act of 2010 to require the GAO to include an investigation into duplicate spending between government entities in its annual report, which has saved the government $667.5 billion since its first report in 2011, according to Open the Books. Congress, however, had made efforts to stifle the GAO’s mission, threatening to cut its funding right after its first report, and has been the slowest to adopt the GAO’s waste-cutting recommendations.

Read More