Last year, the U.S. government made at least $162 billion in improper payments, according to a nonpartisan government watchdog. Kristin Kociolek of the Government Accountability Office also told a House oversight subcommittee that the government was defrauded of $233 billion to $521 billion per year between 2018 and 2022.
Social welfare programs and pandemic emergency programs have proven especially prone to errors and abuses. Medicare , the health insurance program for senior citizens, racked up $54.3 billion in improper payments last year. Medicaid, the healthcare program for low-income people, improperly dispensed $31.1 billion.
The earned income tax credit , which gives an income tax cut, accounted for another $15.9 billion, and the Supplemental Nutrition Assistance Program, or food stamps, cost $8.7 billion.
just a thought.
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