Total Fraud in Federal Government? For First Time, an Agency Tries to Solve

Comptroller General Gene Dodaro of the Government Accountability Office testifies during a hearing before the Coronavirus Crisis Subcommittee of House Oversight and Reform Committee on Capitol Hill in Washington on June 26, 2020. Alex Wong/Getty Images

A government agency wants to find out just how much taxpayer money is lost to fraud at the federal level.

The U.S. Government Accountability Office is attempting, for the first time, to estimate the total amount of fraud in the entire federal government. Comptroller General of the United States Gene Dodaro said his agency could have an estimate later this year.