Editorial | GAO high-risk list is a good start to help stop government waste and fraud WashTimesOpEd
, Washington politicians have been promising to do something about the federal government’s waste, fraud, and abuse of taxpayer dollars.
It’s time to get eyes on the ball. All the spending related to the pandemic has pushed the national debt up around $20 trillion. Bidenflation is making it worse, driving up the cost of debt service. Something has to be done before America becomes Greece circa 2009. Asked to put a dollar figure on what they cost the taxpayers, GAO Comptroller General Gene Dorado told the committee that the “incomplete estimate” was close to $250 billion over the last year.In case anyone’s counting, that’s about 10% of the total current U.S. debt. Over time, the pennies add up. As several members of the committee pointed out, there’s a lot that can be done going forward to reduce the amount of fraud that occurs.
That would be a mistake. Smaller programs probably contribute at least as much to the overall problem, especially if no one gets caught doing what they shouldn’t. The Department of Homeland Security’s two-decade effort to modernize its financial management systems, a nonprofit group recently charged, has wasted hundreds of millions in taxpayer dollars largely because the people in charge overlooked real-world best practices and lessons learned.
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