'Staggering': Government Making $100B In Improper Payments Every Year
The U.S. government is making roughly $100 billion in improper payments every year thanks to a combination of fraud, clerical errors and insufficient IRS enforcement, according to testimony at a congressional hearing on Wednesday.
“The amounts here are absolutely staggering,” Rep. John Mica, R-Fla., said.
The problem of erroneous payments – largely from Medicare and other health care programs – is not a new one. But Mica said at the hearing of a House oversight subcommittee that federal agencies reported over $100 billion in improper payments during each of the last five years.
That's it? would have swore it was more than that!
ReplyDeleteThat's almost $275 million per day and that's only what they admit to.
ReplyDeleteAN ACT OF OMISSION (not giving the overage back)is the same as a lie. Who lies ... why of course............
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