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In our Let's Cut Some Spending series, ForAmerica chronicles the many ways Washington wastes YOUR tax dollars - and as you’ll see, the list is endless.
Now here's an idea to help cut spending...
Today’s offering: Give federal employees bonuses to find waste!
From Sen. Rand Paul’s website:
Today, the U.S. Senate Committee on Homeland Security and Governmental Affairs passed Sen. Rand Paul’s Bonuses for Cost-Cutters Act, a bill with bipartisan support, that encourages federal agencies to return unneeded funds to the taxpayer through bonus incentives. The bill was passed in committee with an affirmative 12-5 vote.
Current law allows an agency’s inspector general to pay bonuses up to $10,000 of savings realized when a federal employee identifies waste, fraud or mismanagement of funds. Senator Paul’s legislation would further incentivize ending wasteful government spending by allowing employees to qualify for these bonuses if they identify unneeded or surplus funds.
Additionally, this legislation would ensure that 90% of the savings be automatically directed towards deficit reduction.
“I am pleased that my legislation has received bipartisan support and is on its way to full passage in the U.S. Senate,” Sen. Paul said. “My bill will incentivize government employees to find, report and eliminate government waste, fraud and abuse throughout our bloated federal government.”
Paying federal employees bonuses to spot snd report waste is a better idea than just allowing the waste to continue.
Our monstrous national debt and annual deficit need to be attacked from every angle.
Here's another one. We'll take it.