According to a government report out this morning the federal government spends $100 billion per year improperly. In dollar terms, a lot of the improper payments go to programs for the poor: supplemental nutrition assistance, school lunches, Medicaid, EITC. In years past when Republicans went after waste in such programs Democrats attacked them for callousness. It will be interesting to see if the Obama administration is aggressive about tightening spending in these programs and how Congress will react.
Bruce Bartlett is a columnist for Forbes.com, the online side of Forbes, the nation’s premier financial magazine.
He served for many years in prominent governmental positions including executive director of the Joint Economic Committee of Congress, Deputy Assistant Secretary for economic policy at the U.S. Treasury Department during the George H.W. Bush Administration, and as a senior policy analyst in the White House for Ronald Reagan.
Bruce is the author of seven books, including the New York Times best-selling Impostor: How George W. Bankrupted America and Betrayed the Reagan Legacy, and thousands of articles in national publications including the Wall Street Journal, New York Times, Washington Post, New Republic, Fortune and many others. He appears frequently on CNN, CNBC, C-SPAN and Fox News, and has been a guest on both the Daily Show with Jon Stewart and the Colbert Report.
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