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.
The Obama administration has reduced the amount of improper payments since they peaked in 2010. Still, estimates from federal agencies show that some are wasting big money at a time when Congress is squeezing agency budgets and looking to save more.
Government waste is one area where I pretty much agree with my Republican friends. I worked hard to pay my fair share of taxes to keep our nation in business and it makes me mad when I see so much of it is wasted. The chart above show that $36 billion was paid out to perhaps fraudulent Medicare billers in 2013.
I know that the total Medicare spending for that year was almost $600 billion and that makes the fraud about 6% of the total spending. Those folks in Washington probably deem that an acceptable level and in reality that might be right in that we would probably spend more than that to catch the criminals bilking the system. But to me it is more a matter of principle. It would almost be worth it to spend more than we save to catch the offenders.
The number two thing on the list is the Earned Income Tax Credit. I’m not sure how this credit is abused to the tune of $15 billion? It goes to families with annual income up to $51,000. The amount of the credit is dependent on the number of children in a family. Are families claiming children they don’t have? I don’t know.
The current gridlock and the Republican’s constant demands to cut all budgets, except the military of course, it is more likely that these abuses will increase rather than decrease in the coming years especially now that the GOP has control of congress. There seems to not be a government budget that they don’t want to cut. But again if the Democrats were in charge they would probably spend it on other things. How do we get ourselves out of this mess???? I think maybe the only answer it to keep voting the “ins” out of office until they get the message…