‘Improper Payments’ Bill To Be Signed By President Obama Today

Last week, the House passed S. 1508, the Improper Payments Elimination and Recovery Act, by a vote of 414 to 0; the bill had been passed in June by the Senate by unanimous consent.  President Obama will be signing the bill today. 

Proponents of the law expect that it will save taxpayers tens of billions of dollars by cracking down on fraud, waste, and abuse in government spending by identifying and eliminating improper payments, as well as recovering lost funds that federal agencies have spent improperly.
 
We will have more on this during the day.