This year, we added the federal government’s environmental liability to our High Risk List—our biennial report highlighting areas particularly susceptible to fraud, waste, abuse, mismanagement, or needing a fundamental transformation.
When federal government activities contaminate the environment, the government’s on the hook for the cleaning bill. In 2016, this bill was estimated to be $447 billion, and the actual costs may be more.
Read more here, or watch the video below.
Want to know what else made the high risk list this year? Check it out.