Feds Made $125 Billion in 'Improper Payments' in 2010--Enough To Fund State Department 11 Times Ov

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posted on Apr, 23 2011 @ 12:20 AM
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At a time of growing concern about government spending, the federal government made $125 billion in “improper payments” in fiscal 2010, more than eleven times the total 2010 spending by the U.S State Department.

The $125 billion in improper payments was also more than 7 times the total spending by the Justice Department or by NASA, which runs the U.S. space program, which is preparing to launch its last-ever shuttle flights.

Federal agencies reported improper payments estimated at $125.4 billion in fiscal year 2010, an increase of $16.2 billion from the $109.2 billion estimate in fiscal 2009, the Government Accountability Office said. Ninety-four percent of those payments came from social spending programs, including Medicare and Medicaid, GAO said in its April 15 report




New $20 currency notes roll off the presses at the Bureau of Engraving and Printing in Washington.

Source: www.cnsnews.com...




posted on Apr, 23 2011 @ 12:24 AM
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All that $125 billion in those improper payments last year means little to the spendthrifting globalist government residing in the District of Criminals.

The accursed Fed can keep their overheating printing presses running on full steam, printing the progressively devalued dollar out of thin air for them to loan for the criminal government's expenditures.

It's just a dent compared to the 1.5 quadrillion in derivatives financial casino bubble.





 
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