A bipartisan bill was presented in the Senate and would mandate that federal agencies evaluate the likelihood of fraud in their programs and devise plans to combat it. Additionally, they would be tasked with creating and utilizing state-of-the-art data analysis tools to identify any suspicious activity, much like how credit card companies in the private sector identify fraud trends.Sens. Tom Carper (D-Del.), Thom Tillis (R-N.C.), Claire McCaskill (D-Mo.), and Ron Johnson (R-Wis.) are the sponsors of the Fraud Reduction and Data Analytics Act of 2015, which was drafted in response to a critical Government Accountability Office study that emphasized the need for federal managers to adopt a more proactive, strategic, and risk-based approach to managing fraud risks and creating efficient antifraud controls.”Among other things, our bill would mandate that federal officials ascertain what Sen. Carper, ranking member of the Homeland Security and Governmental Affairs Committee, stated that agencies with comparable programs should identify the areas of government spending most vulnerable to fraud, create an action plan, and then distribute the answers throughout the agencies.
