Waste of the Day: Biden Set to Break Improper Payments Record

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%.

The issue is not new, but it is getting progressively worse. Barack Obama wasted roughly 4% of his spending on improper payments in his second term. Donald Trump wasted roughly 5%, and Biden is approaching 6%.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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