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Wednesday, March 02, 2011

Coburn Praises GAO Report On Wasteful Spending

Sen. Tom Coburn (R-Oklahoma) on Tuesday praised a Government Accountability Office (GAO) report that found 34 major areas of wasteful spending, The Hill reports. Coburn said the findings could help save the government $100 billion or more without cutting services. "GAO has identified the mother lode of government waste and duplication that should keep Congress busy the rest of the year," Coburn said. Among the 34 areas cited in the report are fragmented economic development programs, unregulated federal transportation programs, a need for streamlining intelligence gathering by the military and Homeland Security, duplication in job training programs, a lack of coordination of federal homeless programs and fragmented financial literacy programs.

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