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Tuesday, March 01, 2011

New GAO Report Details BILLIONS In Federal Waste

As members of Congress fight over what to cut in the current federal budget to avert a government shutdown, lawmakers are about to receive a blockbuster report that could provide a roadmap to potentially hundreds of billions of dollars in waste.

The nonpartisan General Accounting Office (GAO) is poised to release a report Tuesday that one senator said “will make us all look like jackasses.”

“Go study that (report). It will show why we’re $14 trillion in debt,” said Sen. Tom Coburn, R-Okla.

“Anybody that says we don’t look like fools up here hasn’t read the report.”

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1 comment:

EdenMan said...

The politicians we have elected, as long as I can remember, have told us lies to get themselves elected. We all have fallen for" tax cuts for everybody,along with more spending". The American people are hopefully aware we're now in financial trouble....you and I are being taken to the cleaners.