It would seem obvious $400 billion is bigger then $80 billion..isn't it??

Discussion in 'Politics' started by healthmyths, Nov 29, 2012.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    I mean my math is not that great but IF the GAO Finds More Than $400 Billion Spent Each Year On 1,500 Duplicative, Fragmented, Inefficient Programs

    The Government Accountability Office (GAO) issued its annual report on government duplication today.
    This is the second year of a three-year process, during which the GAO will comprehensively review the federal government to identify duplication, fragmentation, and waste.
    Since the review’s inception, GAO has found 66 areas of duplication encompassing over 1,500 individual programs.
    This year, GAO identified 32 new areas of duplication and 19 additional areas of waste and inefficiency.
    The report cites duplication in almost a thousand individual programs, costing taxpayers over $300 billion per year.
    This is on top of more than $100 billion identified in last year’s report.

    Examples include:
    • - $3 billion spent on over 200 STEM (Science, Technology, Engineering, and Math) education programs. GAO stated that since 2005, when it first looked at this issue, “the majority of [STEM] programs have not conducted comprehensive evaluations of how well their programs are working.”
    • - 37 uncoordinated EPA laboratories and 94 “green building” programs for which costs cannot be determined because “information agencies provided was incomplete and unreliable.”
    • - $736 million spent on 14 different diesel emissions programs and federal funding for 55 surface freight transportation programs.
    • - 160 various housing assistance programs at a cost of $170 billion annually.

    -- 82 duplicative teacher quality programs. One year later, none of the identified programs have been consolidated or eliminated.
    -- 18 duplicative domestic food and nutrition programs where “no executive action [has been] taken,” at total cost of $62.5 billion.

    http://budget.senate.gov/republican/public/index.cfm/files/serve?File_id=5b942c34-d1e5-49de-be92-a85dad8aa191&SK=42ED5BBA6767481D74B2057AC359ACD4

    YET Dems are insistent 3.4 million tax payers with over $200,000 a year must pay $80 billion more in taxes... SERIOUSLY what is the bigger number??
    I mean why not just make a "Manhattan Project" to cut this $400 billion in half this year and next,etc.... and when businesses see their tax dollars are being wasted,
    they will crank up the GDP and at the 5% Romney declared.. much of the DEFICIT would be eliminated!

    And this is what Romney was describing would happen to TAX revenue IF the GDP grew...

    $GDPgrowthandFedRev.png
     

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