Joe Biden is about to set a record for the worst waste in U.S. history for fraudulent payouts of government benefits.
Biden is just about to zoom past ONE TRILLION DOLLARS in improper payouts for government benefits to people, organizations, or groups that do not qualify for the cash.
Congrats, Joe.
According to RealClearInvestigations:
Topline: The Biden-Harris administration is eclipse the $1 trillion mark in improper payments, a new record for wasted money in a four-year term, according to a recent report from OpenTheBooks.com.
Key facts: Improper payments — money sent by the federal government to the wrong person, for the wrong reason or in the wrong amount — totaled over $800 billion from 2021 to 2023, adjusted for inflation.
That’s $450,000 every minute. In the roughly five seconds it takes to read this very sentence, the government will have wasted $37,500 on mistaken payments.
Medicaid and Medicare accounted for 43% of improper payments last year, but problems were found across the board. Dead people received $295 million, mostly from pension benefits the Office of Personnel Management sent to former federal workers who had passed away. Prisoners were paid $171 million.
The Internal Revenue Service spent $25 billion doling out fraudulent and mistaken tax credits, with some IRS programs reporting mistake rates above 30%.
This sort of waste has been going on for years, granted, but Joe Biden has caused it to soar to never before seen waste and abuse of our tax dollars.
Yeah. Good job, Joe.
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