High Risk Areas

Every two years the GAO publishes a list of areas they think have a high risk of wasting money. This is the latest list:

Addressing Challenges In Broad-Based Transformations
• Modernizing the Outdated U.S. Financial Regulatory Systema (New)
• Protecting Public Health through Enhanced Oversight of Medical Products (New)
• Transforming EPA’s Processes for Assessing and Controlling Toxic Chemicals (New)
• 2010 Census (New in March 2008)
• Strategic Human Capital Management
• Managing Federal Real Property
• Protecting the Federal Government’s Information Systems and the Nation’s Critical Infrastructures
• Implementing and Transforming the Department of Homeland Security
• Establishing Effective Mechanisms for Sharing Terrorism-Related Information to Protect the Homeland
• DOD Approach to Business Transformation
• Business Systems Modernization
• Personnel Security Clearance Program
• Support Infrastructure Management
• Financial Management
• Supply Chain Management
• Weapon Systems Acquisition
• Funding the Nation’s Surface Transportation System
• Ensuring the Effective Protection of Technologies Critical to U.S. National Security Interests
• Revamping Federal Oversight of Food Safety
Managing Federal Contracting More Effectively
• DOD Contract Management
• DOE’s Contract Management for the National Nuclear Security Administration and Office of Environmental Management
• NASA Acquisition Management
• Management of Interagency Contracting
Assessing the Efficiency and Effectiveness of Tax Law Administration
• Enforcement of Tax Laws
• IRS Business Systems Modernization
Modernizing and Safeguarding Insurance and Benefit Programs
• Improving and Modernizing Federal Disability Programs
• Pension Benefit Guaranty Corporation Insurance Programs
• Medicare Program
• Medicaid Program
• National Flood Insurance Program

Many of these areas need input from our weak and ineffective Congress, so don't expect much of a breakthrough with the current crop of supposed legislators.