Good God these Democrats are killing the nation even faster than the incompetent Republicans of the Bush era could manage...
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Federal improper spending surges to $98bn
By Sarah OConnor in Washington
Published: November 18 2009 04:40 | Last updated: November 18 2009 04:40
The US government wasted almost $100bn in tax dollars in fiscal 2009 more than a third more than the year before prompting the White House to pledge a crackdown on fraud and mistakes in federal spending.
So-called improper payments by government agencies to individuals, organizations and contractors surged from $72bn in 2008 to $98bn in 2009; 5 per cent of total outlays. The Obama administrations critics are likely to seize on the figures as support for their argument that the government has spent too much with little to show for it, especially at a time of record budget deficits.
FT.com / US / Politics & Foreign policy - Federal âimproper spendingâ surges to $98bn
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Federal improper spending surges to $98bn
By Sarah OConnor in Washington
Published: November 18 2009 04:40 | Last updated: November 18 2009 04:40
The US government wasted almost $100bn in tax dollars in fiscal 2009 more than a third more than the year before prompting the White House to pledge a crackdown on fraud and mistakes in federal spending.
So-called improper payments by government agencies to individuals, organizations and contractors surged from $72bn in 2008 to $98bn in 2009; 5 per cent of total outlays. The Obama administrations critics are likely to seize on the figures as support for their argument that the government has spent too much with little to show for it, especially at a time of record budget deficits.
FT.com / US / Politics & Foreign policy - Federal âimproper spendingâ surges to $98bn