Last year Government gave $100B to people likely not entitled to receive them, congress thinks that the waste is greater
By its own estimate, the government made about $100 billion in payments last year to people who may not have been entitled to receive them — tax credits to families that didn’t qualify, unemployment benefits to people who had jobs and medical payments for treatments that might not have been necessary.
Congressional investigators say the figure could be even higher.
The Obama administration has reduced the amount of improper payments since they peaked in 2010. Still, estimates from federal agencies show that some are wasting big money at a time when Congress is squeezing agency budgets and looking to save more.
“Nobody knows exactly how much taxpayer money is wasted through improper payments, but the federal government’s own astounding estimate is more than half a trillion dollars over the past five years,” said Rep. John Mica, R-Fla. “The fact is, improper payments are staggeringly high in programs designed to help those most in need — children, seniors and low-income families.” . . .
Labels: governmentwaste, Obama Waste
1 Comments:
The moronic incompetence of our Affirmative Action president never ceases to amaze me. Romney's executive secretary could do a better job as president than this 'empty suit'. Obama is an international embarrassment.
And, that's not even considering his evil intend - which is considerable.
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