Press Releases

On Thursday, June 2 at 10:00 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe, M.D. (R-TN), will hold a hearing entitled “Investigating Financial Mismanagement at the U.S. Department of Labor.” The hearing will take place in room 2175 of the Rayburn House Office Building.

Since fiscal year 1997, the Department of Labor (DOL) has received a clean audit of its finances. However, on May 23, 2011, the department's Office of Inspector General released an independent audit for fiscal year 2010, which identified four “material weaknesses” and two “significant deficiencies” in the department's financial management. Weaknesses include a lack of sufficient controls over both financial reporting and access to key financial systems.

At a time when the national debt has surpassed $14 trillion, it is critical Congress exercise its authority to ensure the federal government is spending taxpayer dollars responsibly. The department oversees a number of efforts aimed at assisting individuals out of work, including a variety of job training programs, and mismanagement of scarce resources could potentially harm workers and taxpayers.

Thursday’s hearing will provide members an opportunity examine the findings of the audit and the department’s financial mismanagement. To learn more about this hearing, visit www.republicans-edlabor.house.gov/hearings.

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WITNESS LIST

James L. Taylor
Chief Financial Officer
U.S. Department of Labor
Washington, D.C.

Elliott P. Lewis
Assistant Inspector General for Audit
U.S. Department of Labor
Washington, D.C.

Heather Flanagan
Partner for Audit
KPMG, LLC.
Washington, D.C.

Additional witnesses may be announced.