Improper payments by federal government top $100B

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posted on Jul, 9 2014 @ 04:38 PM
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WASHINGTON (AP) — Tax credits for families that don't qualify. Medicare payments for treatments that might not be necessary. Unemployment benefits for people who are secretly working. Federal agencies reported making $100 billion in payments last year to people who may not have been entitled to receive them.




Congressional investigators say the figure could be even higher.




"The amounts here are absolutely staggering," said Rep. John Mica, R-Fla. "It's over $100 billion each of the last five years. That's a staggering half a trillion dollars in improper payments."


On this episode of who wants to be a billionaire.

Half a trillion dollars over the last 5 years.

But the propaganda says the 'deficits' are shrinking!

Must be nice to spend our money hand over fist like that.

I wonder if that includes all the 'improper payments' we are currently give terrorist regimes in the ME ?

I also wonder if that includes all the 'improper payments' we are currently giving to terrorist regimes in central and south america?

God bless America everyone!

The land where money apparently grows on trees, as those shills on capitol hill seem to think.



We have taken an aggressive approach to attacking waste, fraud and abuse within federal agencies, and we will continue to seek out new and innovative tools to help us in this fight," Cobert told the subcommittee.


Realllllllllllllllllllllllllllllly ?

Truuuuuuuuuuuuuuuly ?

Swear on a bible to that Cobert ?

Wonder how much those 'innovative' tools are going to cost us.




posted on Jul, 10 2014 @ 12:46 AM
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originally posted by: neo96
Half a trillion dollars over the last 5 years.

But the propaganda says the 'deficits' are shrinking!


They are shrinking ... but that is a meaningless phrase.

If you add 1.2 trillion to the debt, and the next year you only add 1.1 trillion the deficit has shrunk.

The debt has not.



posted on Jul, 10 2014 @ 01:13 AM
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Sounds like they're mired with using statistical syllogisms.

This is one way to skim.

It's an ancient banker trick.

Been around for at least 3000 years.




posted on Jul, 10 2014 @ 04:45 AM
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but but but bush...israel...corporate welfare...oil subsidies...

nancy might say "it would cost more to fix"

stop fed bonuses and start pay freezes.





 
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