Posted on 03/30/2024 8:05:51 AM PDT by SeekAndFind
In a revelation that may unsettle many taxpayers, the U.S. Government Accountability Office (GAO) has brought to light a staggering figure of $236 billion in improper or incorrect payments made under the Biden administration last year alone.
This sum, which does not even fully account for all susceptible programs, indicates a level of fiscal mismanagement that demands immediate attention and action.
The breakdown provided by the GAO is particularly alarming, with Medicare and Medicaid together accounting for nearly $100 billion of this colossal waste. Such figures not only represent a “material deficiency or weakness in internal controls” within these agencies, but also signal a broader issue of accountability and efficiency within the administration’s handling of taxpayer dollars.
Improper payments, as defined by the GAO, include those that should not have been made or were made in incorrect amounts. This encompasses a wide array of errors, from administrative oversight to fraudulent claims, each contributing to the hemorrhaging of public funds at an unprecedented scale.
With Federal Pandemic Unemployment Assistance, the Earned Income Tax Credit, and Paycheck Protection Program Loan Forgiveness also contributing tens of billions to the total, the extent of misallocated or mishandled funds spans across several critical sectors of government aid and support programs.
This disclosure is not merely a reflection of administrative inefficiencies, but a stark reminder of the real-world implications such financial discrepancies have on the nation’s fiscal health and the public’s trust in government.
(Excerpt) Read more at americanthinker.com ...
I was going to say, 10% for the big guy isn’t keeping up with inflation. Or the misguided belief that more money will keep Ole Joe from becoming even more mentally damaged.
Accountable? To whom. The same desiccated meat bags are there for decades.
Improper? Most of the spending approved is improper.
Socialism is Legal Plunder - The Law - Frederic Bastiat
Damn, you too? I have a similar issue with the IRS! Hey, GAO, let me know how your’s work out, I may need to cite it 🤣🤣🤣🤣🤣
When the democrats want dark money they just call it improper payments works every time.
Who knows what programs are being built for their agenda.
It took a lot of cash for the 2020 election.
To whom?
The more ways created to dole out federal spending, the more ways to cheat and defraud are multiplied commensurately.
The corrupt incompetence is outrageous.
I’ve reported at least a couple companies to Medicare that supposedly tested me for Covid and charged the government.
Biden, Inc.
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