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      Improving efficiency and effectiveness in government

      Each year, the Government Accountability Office compiles a whopper of a report. It identifies new opportunities for cost saving and revenue enhancement -- two priorities as lawmakers try to balance the federal budget.

      This year, the GAO presented 64 actions across 26 areas that span a broad range of government functions.

      Nicole Clowers, director of financial markets and community investment issues with the GAO, discussed some of the results with Government Matters.