In its end of the year summary, the Government Accountability Office reported billions of dollars in federal financial benefits and progress in addressing its management challenges.
GAO, the investigative arm of Congress, touted its return on investment in its report. For fiscal year 2016, GAO documented $63.4 billion in financial benefits from its work. This amounts to “a return of about $112 for every dollar invested in us,” the watchdog agency said. GAO’s FY2016 budget was $555.3 million.
