The Waste List > Total Value of Government Waste: $57,322,568,479
Financial Literacy
The following are 15 duplicative spending programs for Financial Literacy across 13 agencies:
AgencyDetailsCost
Board of Governors of the Federal Reserve System Division of Consumer and Community Affairs $1,029,885
Consumer Financial Protection Bureau Office of Financial Education
Department of Agriculture Family and Consumer Economics programs $8,433,500
Department of Defense Family Support Centers (including Financial Readiness Campaign)
Department of Education Excellence in Economic Education Program $1,447,000
Department of Education Financial Education for College Access and Success Program $1,700,000
Department of Health and Human Services National Education and Resource Center on Women and Retirement Planning $245,763
Department of Labor Retirement Savings Education Campaign $365,387
Department of Labor Wi$eUp $170,000
Department of the Treasury Office of Financial Education and Financial Access (including staff support for the Financial Literacy and Education Commission, and other initiatives) $2,100,000
Federal Deposit Insurance Corporation Money Smart Financial Education Program $2,749,594
Federal Trade Commission Division of Consumer and Business Education $784,904
Office of the Comptroller of the Currency Consumer education activities $450,000
Securities and Exchange Commission Office of Investor Education and Advocacy $2,000,000
Social Security Administration Financial Literacy Research Consortium $9,221,000

Source: Table 15, Appendix III, "Opportunities to Reduce Duplication, Overlap and Fragmentation, Achieve Savings, and Enhance Revenue," Government Accountability Office, 2/28/2012