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1. End Improper Year-End Waste. The federal government’s use-it-or-lose-it year-end spending spree has been going on for years. In our recent oversight report, we found $97 billion spent by 67 federal agencies during the final month of fiscal year 2018. In the last week of the fiscal year, $53 billion in contracts went out the door – that’s one in every ten dollars spent in the entire year.
[T]here are currently misaligned incentives… Agencies recognize that if significant balances are left in their accounts at the end of a fiscal year, the Congress will likely reduce their topline budget in future fiscal years.
2. Putting an End to Improper Payments. Each year, the twenty largest federal agencies admit to mistakenly paying out approximately $140 billion. For example, we found that nearly $1 billion was improperly paid to dead people. The Internal Revenue Service (IRS) improperly paid $18.4 billion through the earned income tax program last year.
Since 2005, we found the federal government has improperly paid $1.2 trillion from the U.S. Treasury.
Lobster tail and crab? Really? 😑
The year-end spending spree purchases included:
Inflatable games ($42,500), model rockets ($34,000), china tableware ($53,004), alcohol ($308,994), musical instruments ($1.7 million), workout equipment ($9.8 million) and lobster tail and crab ($4.6 million).
$300 million spent on passenger vehicles, trucks, motorcycles, scooters, and snowmobiles.
$462 million spent on public relations, marketing research, and advertising.
$491 million spent on furniture and redecorating federal agencies.
$61.2 billion spent by the Pentagon in the final 30-days of the fiscal year.
originally posted by: Xcalibur254
It'll be interesting to see how this plays out. The DoD are specifically notorious with this kind of wasteful spending. So does Trump stand by his convictions and start cutting funding to the military, angering a key part of his base? Or does he continue to increase funding, knowing full well that a large part of that funding will be spent on waste?
originally posted by: Stupidsecrets
A better solution would be to swipe it without the auto reduction.
Because Trump is correct, it IS a necessity and will always be a necessity, however, spending it is a different matter and primary focus, Trump has no issue dishing out cash, just spend it WISELY, this has been part of his platform for a very long time.
originally posted by: Xcalibur254
a reply to: Arnie123
But the DoD's wasteful spending has been known for decades and still Trump has continued to increase its budget, stating it was a necessity. So why was it a necessity to increase the budget if he knew that much of that money would be wasted?
Well it will depend on what stays and gets distributed, as long as Soldiers get a raise, at any percentage, it'll be a plus.
In the end a smaller budget for the military either means angering the soldiers or angering the MIC. Either way Trump makes a powerful enemy.
Don't get me wrong, I'm a strong proponent of cutting waste in the DoD. I'm just wondering if Trump will stand by that when he starts getting backlash for a reduced budget.
originally posted by: 727Sky
2. Putting an End to Improper Payments. Each year, the twenty largest federal agencies admit to mistakenly paying out approximately $140 billion. For example, we found that nearly $1 billion was improperly paid to dead people. The Internal Revenue Service (IRS) improperly paid $18.4 billion through the earned income tax program last year.
Since 2005, we found the federal government has improperly paid $1.2 trillion from the U.S. Treasury.
There is more idioticy and waste noted in the article.in the article
www.forbes.com... 2021/
originally posted by: Xcalibur254
But the DoD's wasteful spending has been known for decades and still Trump has continued to increase its budget, stating it was a necessity. So why was it a necessity to increase the budget if he knew that much of that money would be wasted?
Trumps first Presidency is a learning curve for him, his second term he'll be tempered and start making massive changes.