Rep. Celeste Maloy Questions CBO on Nonpartisan Hiring and GAO Savings
Forbes Breaking NewsMay 7, 20254 min1,322 views
6 connections·8 entities in this video→GAO Savings and Recommendations
- 🎯 GAO's work in fiscal year 24 yielded an estimated $67.5 billion in savings.
- 💰 The GAO estimates saving $123 for every dollar invested in their work.
- 📊 Cost-saving estimates typically rely on third-party estimates, such as those from CBO or congressional budget reductions.
- ⚠️ Congress has failed to act on a number of open matters recommended by the GAO for consideration.
- 💡 An example is the recommendation for the Social Security Administration to provide the full death master file to the Treasury to prevent payments to deceased individuals, which is currently a three-year pilot program.
CBO's Nonpartisan Mission and Hiring Practices
- 🏛️ The Congressional Budget Office (CBO) has a nonpartisan mission that is foundational to its work.
- 🔍 CBO actively works to ensure its hiring practices perpetuate its nonpartisan nature.
- 🧑💼 When hiring, CBO prioritizes expertise and skills, while also carefully assessing candidates for nonpartisanship and perceived nonpartisanship.
- ⚖️ Internal processes are in place to scrutinize CBO's work to ensure it remains objective and "down the center."
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Congressional Budget Office (CBO)Government Accountability Office (GAO)NonpartisanshipHiring PracticesCost SavingsFraud PreventionImproper PaymentsSocial Security AdministrationDeath Master FileTreasury DepartmentCongressional HearingsPolicy Recommendations
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