Remember how Biden said that we just need the wealthy to pay our fair share? That if we just raised taxes on billionaires, things would be all sunshine and rainbows? They wouldn't be, because the math doesn't check out, but that isn't stopping Biden from pushing his agenda.
But imagine how much money we'd have if the feds weren't so irresponsible and careless with our tax dollars? Independent journalist Sharyl Attkisson points out the massive amounts of waste of our tax dollars:
Are we all the April fools?
— Sharyl Attkisson 🕵️♂️💼🥋 (@SharylAttkisson) April 2, 2024
$236 billion in federal tax money lost or wasted last year https://t.co/EwHrGLGMBP
An estimated $236 billion in improper or incorrect payments was made under the Biden administration last year, with Medicare and Medicaid accounting for $100 billion of that total, according to the U.S. Government Accountability Office (GAO).
“For fiscal year 2023, 14 agencies reported a total estimated $236 billion in improper payments across 71 programs,” said a March 26 GAO report. Improper payments refer to payments “that should not have been made or were made in the incorrect amount.” The $236 billion calculation does not include certain government programs that agencies determined were “susceptible to significant improper payments.”
As such, GAO believes the $236 billion estimate “potentially does not represent the full extent of improper payments.”…
Medicare accounted for the largest percentage of government incorrect payments, totaling $51.1 billion.
This was followed by Medicaid at $50.3 billion, Federal Pandemic Unemployment Assistance at $43.6 billion, Earned Income Tax Credit at $21.9 billion, and the Paycheck Protection Program Loan Forgiveness at $18.7 billion.
Recommended
Wow.
Stolen, Sharyl.
— Bonk (@BonkPolitics) April 2, 2024
It was stolen.
Hard to argue with that.
Surely that's a gross underestimation.
— Guitarish (@DavidInFlalala) April 2, 2024
Probably a very gross underestimation.
Ugh.
Only $236B? Felt like a while lot more than that was wasted.
— Debunker of BS, Archie Debunker (@eX_ers) April 2, 2024
It's what they reported on. There was probably more.
Oh come on, Sharyl. Haven't we all been off by a quarter trillion dollars every now and then when balancing our checkbooks?
— Dan Hird (@Hirdman) April 2, 2024
Sure. Happens to the best of us.
That's all?
— SURROUNDED ON ALL SIDES (@WorkerUnit1) April 2, 2024
They need to get their act together
I expect the U.S. gov. to give away, money launder, lose or embezzle
ATLEAST
$1 Trillion a year
Would any of us be surprised by this number?
No.
I am sure a quarter of a trillion dollars is funding the illegal alien crisis at the border. Flying them all over the country from all over the world. https://t.co/TL3ODGVghG
— ABentbroad (@AlexaBroadbent) April 2, 2024
Maybe. It's going somewhere, for sure.
unreal, we could wipe the national debt just tracking wasteful spending and stop funding Ukraine ( aka making politicians filthy rich) https://t.co/DLL423IRXo
— DJ (@DJGolfer64) April 2, 2024
Imagine how much money we'd have if we stopped wasteful spending, fraud, and mismanagement.
A lot of it.
But instead, we'll browbeat the rich, tax corporations (who pass the expenses along to consumers), and tax the middle class to the point of poverty.
Makes much more sense. Or something.
***
Editor's Note: Do you enjoy Twitchy's conservative reporting taking on the radical left and woke media? Support our work so that we can continue to bring you the truth. Join Twitchy VIP and use the promo code SAVEAMERICA to get 50% off your VIP membership!
Join the conversation as a VIP Member