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The Department of Energy Misspent Nearly $1 Billion in 2024

4 2
04.12.2024

Government Waste

Jeff Luse | 12.4.2024 10:50 AM

The Department of Energy is a breeding ground for fraud and abuse—like most government agencies. In its recently released Fiscal Year (FY) 2024 performance report, the agency's Office of Inspector General identified nearly $1 billion of wasteful spending this year.

In 2024, audits from the Inspector General found more than $814 million of questioned and unsupported costs and nearly $123 million in funding that could be better used at the Department of Energy. About $25 million went to restitution, court cases, and penalties, or was returned to the agency.

One of the most egregious instances of waste occurred at Argonne National Laboratory. An audit conducted this year of FY 2019 spending at the institution found that UChicago Argonne, LLC (the third party that manages the laboratory)........

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