top of page

Let's Cut Some Spending: Our government wastes enough money to buy half a million houses a month



Remember the absolutely critical Omnibus spending bill Congress muscled through at the end of last year? It was 4,000 pages that no one read and cost taxpayers $1.7 trillion.

In our Let's Cut Some Spending series, ForAmerica will chronicle parts of the 2021 and 2022 spending bills from a variety of sources that you probably don't know about - programs, grants and spending of all kinds that should have never happened in the first place and many that are still happening.

Today’s offering: The federal government wastes enough money to buy over half a million houses a month!


Fox Business reports:

The federal government wasted an average of $683 million per day in 2022, according to an analysis from spending watchdog Open the Books.
In 2022, 17 federal agencies reported $247 billion in estimated improper payments, averaging $20.5 billion of waste per month or about $683 million per day, according to the Open the Books report released Monday.
The government's monthly waste last year was enough to buy 10 million 2023 Toyota Corollas or 657,000 homes, according to Open the Books.
The top three departments for waste of taxpayer dollars in overpayments were the Department of Health and Human Services, with $154.3 billion in waste; the Small Business Administration’s Paycheck Protection Program, with $37.3 billion; and the Treasury Department, with $25.9 billion.

So much money to us. Our money, that we work hard for - and it means nothing to the government.

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page