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By Nick Hart, President & CEO, Data Foundation, and Suzette Kent, Former Federal CIO
"Over the past five years, the federal government lost $200-to-$500 billion per year in fraud to improper payments — that's up to $3,000 taken from every working American's pocket annually. Since 2003, these preventable losses have totaled an astounding $2.7 trillion. But here's the good news: We already have the data and technology to greatly eliminate this waste in the years ahead. The operational structure and legal authority to put these tools to work protecting taxpayer dollars needs to be refreshed and prioritized."
This article was originally published in Federal News Network on December 4, 2024, as part of their Commentary series. The full arcticle is available at https://federalnewsnetwork.com/commentary/2024/12/bad-data-costs-americans-trillions-lets-fix-it-with-a-renewed-data-strategy/
