Wednesday, January 03, 2018

Annual Report: Top 11 of 100 Outrageous Ways Federal Government Wasted $473 Billion in Taxpayer Money

Annual Report: Top 11 of 100 Outrageous Ways Federal Government Wasted $473 Billion in Taxpayer Money:
"The federal government wastes or ineffectively uses billions of taxpayer dollars every year. 
In late November, Sen. James Lankford (R-OK) released the annual waste report: “Federal Fumbles: 100 Ways the Government Dropped the Ball.”
Image result for “Federal Fumbles: 100 Ways the Government Dropped the Ball.”The report provides examples of waste and mismanagement that took place over eleven months, including newly documented past waste and ongoing wasteful practices.
The total wasted dollars dug up for the report: $473 billion. Lankford wrote in the introductory remarks in the report:
Included in ‘Federal Fumbles’ is just a sampling of instances where federal agencies or departments have wasted or inefficiently used billions of your dollars. 
The program and grant funding discussed in this book has already been allocated or spent and cannot be recovered. 
But highlighting it here provides lessons for agencies and hopefully encourages Congress to utilize its oversight and legislative authority to prevent future waste and misuse of federal tax dollars."

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