The department is responsible for crucial functions that help keep the government running, including paying all U.S. bills, collecting taxes, and managing federal finances. The Treasury Department ...
The report noted three major problem areas: "serious financial management problems" at the Department of Defense; the federal government's inability to adequately account for intragovernmental ...
A Congressional watchdog says it is again unable to determine if the federal government's financial statements are reliable. The federal government reported net costs of $7.4 trillion in fiscal year ...