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108870 1 (1979-03-20)

handle is hein.gao/gaobadydl0001 and id is 1 raw text is: 108870 UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON, D.C. 20548 FOR RELEASE ON DELIVERY EXPECTED BY 2:00 EST TUESDAY, MARCH 20, 1979 STATEMENT OF ELMER B. STAATS COMPTROLLER GENERAL _ W) OF THE UNITED STATES BEFORE THE SUBCOMMITTEE ON LEGISLATIVE THE SENATE APPROPRIATIONS COMMITTEE/ ON !-!MPROVING GOVERNMENT DE11T COLLECTION OPERATIONS/ Mr. Chairman and Members of the Subcommittee We are here today at your request to discuss ways in which Federal agencies can improve their debt collection operations. We appreciate your interest and concern about the need to reduce the budget deficit by improving Govern- ment debt collection and would like to express our apprecia- tion for your continued support of our efforts in this area. As you are no doubt aware, the inventory of debts owed the U.S. Government has become enormous, and is growing. As of September 30, 1977 the amount owed the Government was about $118 billion, a substantial increase over prior years. Of this total, $76 billion was owed by U.S. citizens and organizations, and $42 billion was owed by foreign governments

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