Agencies Took Back More Than $1 Billion In Overpayments To Contractors Last Year

The Office of Management and Budget reports an 80 percent increase compared to 2010. A big chunk of the overpayment recovery comes from the Medicare's Recovery Audit Contractor program. It brought in $460 million by reviewing payment information and finding errors. The Obama administration set a goal of $2 billion by the end of 2012. So far, OMB reports agencies recaptured $1.9 billion in 2010 and 2011 alone.