2011/04/26
Top 10 Federal Programs Making 'Improper Payments'
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At a time of growing concern about government spending, the federal government made $125 billion in “improper payments” in fiscal 2010, more than eleven times the total 2010 spending by the U.S State Department.
The $125 billion in improper payments was also more than 7 times the total spending by the Justice Department or by NASA, which runs the U.S. space program, which is preparing to launch its last-ever shuttle flights.Federal agencies reported improper payments estimated at $125.4 billion in fiscal year 2010, an increase of $16.2 billion from the $109.2 billion estimate in fiscal 2009, the Government Accountability Office said. Ninety-four percent of those payments came from social spending programs, including Medicare and Medicaid, GAO said in its April 15 report.
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This post was written by: beemagnet77
BeeMagnet is a professional graphic designer, web designer and business man with really strong passion that specializes in marketing strategy. Usually hangs out in Twitter has recently launched a blog dedicated to home design inspiration for designers, bride, photographers and artists called HomeBase
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