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The Top 10 Examples of Government Waste

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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-05 05:25 PM
Original message
The Top 10 Examples of Government Waste
Weird coming from the Heritage Org., but VERY interesting:


Examples:

1. The Missing $25 Billion

Buried in the Department of the Treasury’s 2003 Financial Report of the United States Government is a short section titled “Unreconciled Transactions Affecting the Change in Net Position,” which explains that these unreconciled transactions totaled $24.5 billion in 2003...


2. Unused Flight Tickets Totaling $100 Million

...

3. Embezzled Funds at the Department of Agriculture

...

4. Credit Card Abuse at the Department of Defense

...


http://www.heritage.org/Research/Budget/bg1840.cfm
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dcfirefighter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-05 05:39 PM
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1. I agree that people should be a priority for
a government of, by, and for the people, but...

If the DP wants to appeal to a declining middle class, it must embrace financial accountability, and refrain from knee-jerk reactions to streamline and even reduce some programs that provide for people. Sometimes cutting a program results in a greater net benefit.

Of course the Heritage foundation did not mention the 'waste' of spending as much on the military as the next 10-20 nations combined, considering most of those nations have a long history of friendliness to the US, are not in a position to invade the US, and would be hurt by any attack on the US. I think it's up to $560B a year now: the next two countries, China and France, together spend about $120B.
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hector459 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-05 05:54 PM
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2. Here is one that no one will believe but it's true.
11. The National Institutes of Health and the so-called Commissioned Corps.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-05-05 06:08 PM
Response to Reply #2
3. Go on...tell more.
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