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Jul. 9, 2014

$100B in Improper Payments

A poor record.

CBS News reports, “By its own estimate, the government made about $100 billion in payments last year to people who may not have been entitled to receive them – tax credits to families that didn’t qualify, unemployment benefits to people who had jobs and medical payments for treatments that might not have been necessary. Congressional investigators say the figure could be even higher.” CBS is also careful to note the Obama administration has reduced this waste, fraud and abuse since its peak in 2010. But part of the reason for the drop is the increase in what Obama would consider “proper” payments – more people are supposed to be getting checks from Uncle Sam. That’s not a model for success. More…

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