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Government Credit Card Spending |
A six-month crackdown has reduced personal shopping sprees with government credit cards by canceling hundreds of thousands of accounts, docking paychecks to collect unpaid bills and banning payments to thousands of businesses, the Bush administration said today, Oct. 17, 2002.
The Defense Department alone is canceling about 400,000 travel cards by the end of this month, nearly 20 percent of the total issued by the federal government, the Office of Management and Budget said.
The Education Department blocked transactions to about 300 types of businesses to prevent use of cards for casino visits, limousine rentals and veterinary services, among other improper purchases.
The government said 7 percent of travel card accounts were delinquent as of July, down from 13 percent last January. Travel card holders pay their own bills and submit vouchers for reimbursement. Bills for purchase cards, used by those authorized to buy goods and services for their agencies, are paid directly by the government.
At the Department of Housing and Urban Development, unpaid travel card account totals plummeted to $15,000 in the past year from $389,000.
As of May, the budget office said there were 384,000 purchase cards and 2.2 million travel cards in use. |
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Categories: |
Credit Card,Spending |
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Reporting Pub: |
Associated Press |
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Reporting Date: |
10/17/2002 |
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Article
Title: |
Government Reduces Fraud in Agency Use of Credit Cards |
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Article
Author: |
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Pub's Source: |
Office of Management and Budget |
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Source
URL: |
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