A bill to cut billions in government waste

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A bill to cut billions in government waste
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With millions of people filing their federal taxes this week, it’s a good time to check in on the nation’s finances, writes Dan Lips. RestoringAmerica

ith millions of people filing their federal taxes this week, it’s a good time to check in on the nation’s finances.

Reversing the federal government’s current unsustainable fiscal path will require a culture change in Washington and political leadership from both parties. While there has been far too little progress to date, a new bipartisan bill introduced in the House of Representatives offers taxpayers a glimpse of hope.sponsored by Democratic Rep. Derek Kilmer of Washington and Republican Rep. William Timmons of South Carolina, could save taxpayers tens of billions of dollars by simply eliminating waste.

These are impressive results. But Congress and agencies are often slow to act on GAO’s advice. Only 75% of its recommendations are answered within four years. More than 4,600 GAO recommendations are currently open. That includes more than 430"priority recommendations," which the watchdog agency says"could save large amounts of money" if implemented.

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