BGOV Bill Analysis: H.R. 8312, Government-Wide Fraud Watchdog

A new government-wide inspector general office for fraud that would assume functions of a Covid-era oversight council would be established under H.R. 8312.

The IG office, which would be housed in the Treasury Department, would investigate flows of federal dollars from all agencies. The bill would move the oversight panel, created to prevent misuse of pandemic-era economic aid, under Treasury beginning in 2029.

The bill is part of a Republican-led drive in Congress to pursue allegations of systematic fraud and abuse in the federal government. As much as half a trillion dollars are lost to fraud per year, according ...