The U.S. government’s outrageous waste of money has made headlines and the government’s debt has grown to an unsustainable level.
Now, even the American public has become alarmed that government spending must be reduced unconditionally for the future of the United States.
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Pentagon fails 7th audit in
Arow unable to fully
account for $824B budget
Pentagon audits received disclaimer of opinion
By Stephen Sorace
Fox News
Published November 17, 2024 8.04am EST
The Pentagon, known as a money-guzzler, has already failed to pass an audit of its $824 billion budget for the seventh time, and has historically been notorious for not paying attention to audits.
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Federal Government Made $236 billion “Improper Payments”
))
Last
Fiscal Year
Posted on March 26, 2024
The federal government reported an estimated 5236 billion in “improper payments” during the most
Related Posts
recently completed fiscal year (FY 2023) Such payments are essentially payment errors that can be the
result of many
-include overpayments
inaccurate
recordkeeping,
Or even fraud
Payment errors are a
long-standing issue for the federal government Over the last 20 fiscal years it has
made an estimated $2.7 trillion in such improper payments
Want to
What’s causing these errors and what can be done to prevent them? Today’s WatchBlog post looks at
Fight Fraud?
our new report, issued today;
‘This is the Way
4th leg
things
K
TY
MUYOU
In 2023 alone, the U.S. government threw a whopping $236 billion into the air due to accounting errors, corruption, and other unfair payments, and over the past 20 years alone, a crazy amount of $2.7 trillion was literally lost.
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Newfederal estimate finds
more than $200 billion in
COVID-I9 aid may have been
stolen
Economy
Jun 27 2023303PM EST
WASHINGTON (AP)
More than $200 billion may have been stolen from two large
COVID-19 relief initiatives, according to new estimates from federal watchdog
investigating federally funded programs that helped small businesses survive the worst
public health crisisin more than a hundred years.
Approximately $200 billion of the money raised during the coronavirus outbreak was paid out unfairly and literally evaporated.
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=Q
@ljc {Dasljitaton #ost
Sign in
War in Ukraine
Kursk incursion
Cease-fire efforts
U
US. failed to track $1 billion in
Ukraine military aid
watchdog says
The Pentagon inspector general’s findings come
as President Biden urges Congress to pass a
massive package of additional assistance for
Ukraine
Approximately $1 billion of the money poured into Ukraine is missing.
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Congressional funding for expired programs
The Congressional Budget Office recently found that Congress provided S516 billion in appropriations
This fiscal yearto programs that had expired under federal law.
The funds were associated with nearly 500 expired authorizations, according to the CBO’s July report:
“Nearly two-thirds (S320 billion) of that S516 billion was provided for activities whose authorizations
expired more than a decade ago;” the report said.
According to CBO’s estimates, about half of the authorized appropriationsin the report expired at
at least 10 years ago, and the oldest expired in 1980.
In 2023, the amount of funding for expired authorizations was S519 billion.
We are paying $519 billion a year to maintain the names of government programs that have already expired and ceased to exist, and two-thirds of that, or $320 billion, are being paid to maintain programs that disappeared more than 10 years ago.
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Department of Government Efficiency
@DOGE
The people voted for major reform
If an efficient businessman were to investigate and destroy numerous other cases, he would inevitably become popular.