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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."
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.
originally posted by: neo96
Half a trillion dollars over the last 5 years.
But the propaganda says the 'deficits' are shrinking!