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117802 1 (1982-03-12)

handle is hein.gao/gaobacsub0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE ii WASHINGTON, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTED BY 11:30 EST FRIDAY, MARCH 12, 1982 STATEMENT OF WILBUR D. CAMPBELL ACTING DIRECTOR ACCOUNTING AND FINANCIAL MANAGEMENT DIVISION BEFORE THE HOUSE BUDGET COMMITTEE ON 117802 MPROVING THE COLLECTION OF DEBTS OWED THE GOVERNMENT Mr. Chairman and Members of the Committee: We are here at your request to discuss ways in which Federal agencies can improve their collection of debts owed the Government. We appreciate your interest and concern and greatly appreciate your support of our effort in this area. Debts arise from a host of Federal activities, including tax assessments, sales of Government services and goods, overpayments to veterans and annuitants, and various loan programs such as student and housing loans. Most of these debts are paid routinely. However, some are not and amounts owed and being written off as uncollectible are substantial and growing rapidly. At the start of fiscal 1982, Federal agencies reported that receivables from U.S. citizens and organizations exceeded

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