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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 11-18-2009, 05:07 AM   #1
UserRemoved1
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98 billion wasted...

thassa lotta moola

Report: Government Wasted $98 Billion - Project Economy News Story - WCVB Boston

Correct me if I'm wrong here...but if you cash a check for payment not due to you isn't that THEFT?

5% wasted? More like 50%........

Among the reported waste:Agriculture: $4.3 billion in improper payments, or 5.9 percent of total department spending. Much of it was in the food stamp, federal crop insurance and school meals programs.
Defense: $849 million, or 0.5 percent.
Education: $599 million, or 2.1 percent.
Health and Human Services: $55.1 billion, or 9.4 percent. That included improper payment rates of 7.8 percent and 15.4 percent in the Medicare fee for service and Advantage programs, respectively.
Homeland Security: $644.5 million, or 3.7 percent. Much of it was in the Homeland Security grant program as well as Disaster Relief Fund Vendor Payments.
Housing and Urban Development: $1 billion, or 3.5 percent. All of it was attributed to public housing and rental assistance.
Labor: $12.3 billion, or 9.9 percent. Almost all of the improper payments were in the unemployment insurance program.
Treasury: $12.3 billion, or 25.5 percent. All of it was attributed to improper payments in the earned income tax credit.
Transportation: $1.5 billion, or 3 percent. Much of it was in the Federal Highway Administration planning and construction program.
Veterans Affairs: $1.2 billion, or 2.7 percent. That included improper payments in the pension and other compensation programs.
Social Security Administration: $8.0 billion, or 1.2 percent.
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