Mr. Speaker, I rise today also in support of H.R. 8467, the Zeroing Out Monetary Benefits Improperly Expended Act.
The bill is simple. It would require the Treasury to develop risk assessment guidance for improper payments. It also requires Federal agencies to conduct a risk assessment and publish a prioritized list of programs at risk for fraud.
Federal agencies with the highest risk of fraud and improper payments would be required to report on the steps they are taking to resolve those risks. These are commonsense measures to help prevent improper payments and promote accountability within Federal agencies.
Mr. Speaker, I thank the sponsor of the bill. I commend him on his creativity with acronyms of bill names, and I urge everyone to support the ZOMBIE Act. It is very much alive. I yield back the balance of my time.
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