Fiscal Year 2002 Budget Request: U.S. General Accounting Office

This testimony discusses GAO's achievements in fiscal year 2000, its current plans and future challenges, and its budget request for fiscal year 2002. Financial benefits to taxpayers as a result of GAO's work totaled more than $23 billion in fiscal year 2000--a $61 return on every dollar invested in GAO. During fiscal year 2001, GAO continued to focus its work on the major issues facing Congress, such as Social Security, and worked with leaders in the House and the Senate to strengthen congressional oversight. GAO requested a budget of about $430 million in fiscal year 2002. This funding level will allow GAO to maintain a staff of 3,275 full-time equivalent employees. In the coming fiscal year, GAO plans to increasingly emphasize issues that are of significant congressional and public concern and to take steps internally to address its two major management challenges--human capital and information technology.