More than $98 billion in taxpayer dollars spent by government agencies was wasted, much of it on questionable claims for tax credits and Medicare benefits, representing an increase of $26 billion from the previous year.I realize one big caveat of this Administration is the tons of savings that come from eliminating waste and fraud from these programs. As always I must ask, if we can save so much money by eliminating this waste and fraud why don't we just eliminate the waste and fraud FIRST? It is ridiculous that the government wants us to believe that they, who have never run a fiscally sound program or entity, will do a better job with healthcare for an entire country.......
In all, about 5 percent of spending in federal programs in fiscal year 2009 was improper, according to new details of a government financial report that were released Tuesday. Saying the overall error rate was similar in 2008, officials attributed the $26 billion jump to some changes in how to define improper spending as well as an increase in overall spending due to the recession.
Punching Stupid and Evil in the Face Since 1986!
"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt
Wednesday, November 18, 2009
In a newly released financial report about 5 percent of spending in federal programs for fiscal year 2009 was improper. While this is not particularly shocking news by itself, it should be a huge red flashing warning light as just another reason why the government has no business running something as large and problematic as healthcare. At this point most of the waste and fraud is coming from the healthcare that the government is already running with report listing payments of roughly $36 billion to Medicare as questionable or fraudulent.