In: Economics
What is the mission of the US Government Accountability Office? What role does the GAO play in government?
GAO exists to support the Congress in meeting its constitutional responsibility and to help improve the performance and ensure the accountability of the federal government for the benefit of the American people.
GAO examines the use of public funds; evaluates federal programs and activities;and provides analyses,options,recommendations,and other assistance to help the Congress make effective oversight,policy,and funding decision. In this context, GAO works to continuously improve the economy, efficiency,and effectiveness of the federal government by conducting financial audits,program reviews and evaluations,policy analyses,legal options,investigations,and other services. GEO's activities are designed to ensure the executive branch's accountability to the Congress under the Constitution and the federal government's accountability to the American people.
Statutory Responsibilities: Through the budget and Accounting Act of 1921, the Congress established GAO in the Legislative branch with the broad role of investigating "all matters relating to the receipt,disbursement,and application of public funds" and to "make recommendations looking to greater economy or efficiency in public expenditures."