SMIDGEN REPORT UPDATE: Improper Payments by Federal Agencies Reach World Record Cuckoo Bananas $125 BILLION

Witnesses-AP

WASHINGTON (AP) — Federal agencies set a new record for improper payments last year, shelling out $125 billion in questionable benefits after years of declines.

The payments included tax credits for families that didn’t qualify, Medicare payments for treatments that might not have been necessary, and unemployment benefits for people who were actually working.O-SMDGE-CONDENSED

“This taxpayer money was not spent securing our borders, it was not spent on national defense, and it was not spent contributing to a safety net for those in need.”

— Sen. Ron Johnson, R-Wis., chairman of the Senate Committee on Homeland Security and Governmental Affairs

Improper payments increased by $19 billion over the previous year, according to a report by the Government Accountability Office, the investigative arm of Congress. In addition to fraud, the errors included overpayments and underpayments, as well as payments made without proper documentation.

“This is a problem that is going to get worse year after year if we do not get a handle on it now.”

— Sen. Ron Johnson

While the errors were spread among 22 federal agencies, three programs stood out: Medicare, Medicaid and the Earned Income Tax Credit. Together, the three programs accounted for more than $93 billion in improper payments.

“This taxpayer money was not spent securing our borders, it was not spent on national defense, and it was not spent contributing to a safety net for those in need,” said Sen. Ron Johnson, R-Wis., chairman of the Senate Committee on Homeland Security and Governmental Affairs. “This is a problem that is going to get worse year after year if we do not get a handle on it now.”

Johnson’s committee held a hearing Monday on reducing improper payments.

Federal agencies are required to estimate the amount of improper payments each year as part of a government-wide effort to tackle the issue.

The increase in improper payments comes after three years of steady declines. The level previously peaked at $121 billion in 2010 before dropping to $106 billion for the 2013 budget year…. (read more)

Yahoo News

Follow Stephen Ohlemacher on Twitter

 


One Comment on “SMIDGEN REPORT UPDATE: Improper Payments by Federal Agencies Reach World Record Cuckoo Bananas $125 BILLION”

  1. Father Paul Lemmen says:

    Reblogged this on A Conservative Christian Man.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.