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D15085 1 (2016-11-10)

handle is hein.gao/gaobadssf0001 and id is 1 raw text is: The Presidential Transition Act points to the U.S. Government Accountability Office (GAO) as a resource for incoming administrations as well as new Congresses. GAO's Management Agenda is a streamlined tool for new leaders to quickly learn about critical management challenges and risks facing the federal government and the actions needed to address those challenges. 7. Manage Finances to Improve the Nation's Fiscal Condition is one of the eight management challenges highlighted in the Management Agenda. The incoming Administration and Congress face major challenges to improve the nation's fiscal condition. These challenges include reducing the gap between revenue and spending, addressing a multibillion-dollar tax gap, reducing billions of dollars in improper payments, and improving the reliability of financial information. Read on to learn more about the following challenges: 1. Balance Spending and Revenue 2. Close the Tax Gap 3. Reduce Improper Payments 4. Improve Financial Accountability November 2016 Page 1 U S. Government Accountability Office November 2016 U.S. Government Accountability Office Page 1

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