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High-Risk Series: An Update

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Report Type Reports and Testimonies
Report Date Jan. 1, 1999
Report No. HR-99-1
Subject
Summary:

GAO's high-risk series was first published in 1990 and has been updated for each new Congress since. This year's list of high-risk programs is the longest in the exercise's nine-year history, with 26 programs or functions singled out for scrutiny. The 26 areas range from governmentwide problems, such as the Year 2000 computing challenge and information security weaknesses, to specific programs and operations with a history of waste, inefficiency, and poor management--from Medicare to the farm loan programs to defense contracting and military infrastructure. Two areas--financial management at the Forest Service and at the Federal Aviation Administration--were added, and one--Customs Service financial management--was removed. Lasting solutions to high-risk problems offer the potential to save billions of dollars, dramatically improve services to the public, and strengthen public confidence in the accountability and performance of the federal government.

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