Feds Admit $125 Billion in Bogus Payments, Call It ‘Progress’

Posted on November 17, 2010

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President Obama has claimed that one way he’ll pay for his new health-care program is by eliminating waste, fraud and abuse in existing programs. Unfortunately for Hope and Change, tucked away in the sixth paragraph of a press release from the Office of Management and Budget is the admission that “improper payments” — federal money paid to the wrong people, whether through fraud or error — actually increased last year:

via The American Spectator : AmSpecBlog : Feds Admit $125 Billion in Bogus Payments, Call It ‘Progress’.

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