This Is Outrageous And An Insult To The Taxpayer

[Rightguide]

Waste of the Day: Federal Government Loses Up to $521 Billion to Fraud Annually​

By Guest Contributor May. 4, 2024 9:00 pm216 Comments

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https://www.thegatewaypundit.com/wp-content/uploads/burning-money-600x315.jpg
This story originally was published by Real Clear Wire
By Adam Andrzejewski
Real Clear Wire
Topline: The federal government loses between $233 billion and $521 billion to fraud every year, according to a new study from the Government Accountability Office.

Key facts: The fraud losses represent 3 to 7 percent of the $40 trillion the federal government obligated from 2018 to 2022, a ratio the GAO says is comparable to other large governments like the U.K.

More here: https://www.thegatewaypundit.com/2024/05/waste-day-federal-government-loses-up-521-billion/

Yes, it is the Gateway Pundit. They report what the legacy media is afraid to report.

 

[Fuzzy1975]

Waste of the Day: Federal Government Loses Up to $521 Billion to Fraud Annually​

Key facts: The fraud losses represent 3 to 7 percent of the $40 trillion the federal government obligated from 2018 to 2022, a ratio the GAO says is comparable to other large governments like the U.K.

Yes Trump's government lost 230 Billion in 2018. Those damned Americans, stealing from their government....

Yes, it is the Gateway Pundit. They report what the legacy media is afraid to report.

Yes they are right behind PJ media in going broke too.........lol

 

[snailspace]

this issue been around for decades

its deliberate

money goes to pay off the right people

 

[ll74]

Half of that data is during the previous administration.

But
B
D
S

 

[Veroe]

Waste of the Day: Federal Government Loses Up to $521 Billion to Fraud Annually​

By Guest Contributor May. 4, 2024 9:00 pm216 Comments

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https://www.thegatewaypundit.com/wp-content/uploads/burning-money-600x315.jpg
This story originally was published by Real Clear Wire
By Adam Andrzejewski
Real Clear Wire
Topline: The federal government loses between $233 billion and $521 billion to fraud every year, according to a new study from the Government Accountability Office.

Key facts: The fraud losses represent 3 to 7 percent of the $40 trillion the federal government obligated from 2018 to 2022, a ratio the GAO says is comparable to other large governments like the U.K.

More here: https://www.thegatewaypundit.com/2024/05/waste-day-federal-government-loses-up-521-billion/

Yes, it is the Gateway Pundit. They report what the legacy media is afraid to report.

I agree it is outrageous and an insult to the American taxpayer. Yet what're you gonna do about it? Vote Biden out and Trump in? Do you really think that will solve this rampant fraud? It only ever changes the faces of the ones stealing our money. This requires a fundamental shift in how Washington works. In other words drain the swamp for real and keep it squeaky clean. And you know what that means throwing democrat friends and republican friends in the slammer.

So let's do it. Let's really drain that swamp and show Donnie how it's done.

 

[Sean Renaud]

I swear you guys get upset over the silliest shit in the world.

 

[Chobham]

The figure is most likely closer to 10%. This is damn near a constant and damn near as much money is spent on all those auditors that are supposed to catch the "waste, fraud, and abuse." The only way to reduce the monies lost to "waste, fraud, and abuse" is to reduce the size of the government.

 

[Bray123]

If US billionaires were taxed at the same rate as everyone else they could still afford their private jets and everyone could skip paying Federal income tax.

GatewayPundit has filed bankruptcy which is what happens when your organization is aligned with Trump.

 

[Veroe]

The figure is most likely closer to 10%. This is damn near a constant and damn near as much money is spent on all those auditors that are supposed to catch the "waste, fraud, and abuse." The only way to reduce the monies lost to "waste, fraud, and abuse" is to reduce the size of the government.

Shrink the gov't. huh?

Okay, deal, but instead of dragging social security on the chopping block let's start with the defense dept. they routinely gobble up a hefty chunk of our spending yet have no clue where half the money they were budgeted for went off to. Then there's building Trump's wall because Mexico surely aint gonna give us any pesos for that. That's gonna be on the American taxpayer's back. Then there's that massive program of widespread deportations of illegals you right-winger drool over that's gonna cost a hefty chunk of change too.

So, in summation, if you really want a smaller government put your money where your mouth is. Give up on one of the expensive boon-doggles you republicans wants. Because all I see from you guys is big government getting bigger and that deficit you have conniptions over getting bigger too.

 

[Sean Renaud]

Shrink the gov't. huh?

Okay, deal, but instead of dragging social security on the chopping block let's start with the defense dept. they routinely gobble up a hefty chunk of our spending yet have no clue where half the money they were budgeted for went off to. Then there's building Trump's wall because Mexico surely aint gonna give us any pesos for that. That's gonna be on the American taxpayer's back. Then there's that massive program of widespread deportations of illegals you right-winger drool over that's gonna cost a hefty chunk of change too.

So, in summation, if you really want a smaller government put your money where your mouth is. Give up on one of the expensive boon-doggles you republicans wants. Because all I see from you guys is big government getting bigger and that deficit you have conniptions over getting bigger too.

I haven't done a deep dive on this. Mostly cus I'm not 100% certain where I would even have to start but if something is 7% of what has been built up over an 8 year period. An 8 year period that included the Covid, broken Supply chains, inflation and other things trying to find all this fraud could potentially be more expensive than ignoring it.

It sounds tom e a lot like the year you had to take a month off work due to injury and while you were injured you had to get repairs on your car. Sure maybe you shouldn't have kept the freezer stocked with Reese's Pieces ice cream bars but THAT'S not the reason your broke.

 

[RobDownSouth]

"shrink the government" has always been a Republican dog whistle for "less money to non-whites".

 

[JohnEngelman]

How is "fraud" defined? What is unnecessary spending for some people is a life line for others.

 

[Veroe]

"shrink the government" has always been a Republican dog whistle for "less money to non-whites".

I've always thought it was "Let's slash to the bone Social Security", such as other coded phrases like the ever banal sounding "Entitlement reform".

 

[Sean Renaud]

"shrink the government" has always been a Republican dog whistle for "less money to non-whites".

Despite how clear Ronald Reagan made it I don't think most of the ground troops ever gave it that much thought. If for no other reason than if 100% of blacks were on welfare and 20% of whites were it would STILL be helping more white people than black people. Course the last decade has really driven home home that the ability to hate others more than you love your own is a real thing. A thing I cannot comprehend since I can't hate like that.

 

[Rightguide]

I agree it is outrageous and an insult to the American taxpayer. Yet what're you gonna do about it? Vote Biden out and Trump in? Do you really think that will solve this rampant fraud? It only ever changes the faces of the ones stealing our money. This requires a fundamental shift in how Washington works. In other words drain the swamp for real and keep it squeaky clean. And you know what that means throwing democrat friends and republican friends in the slammer.

So let's do it. Let's really drain that swamp and show Donnie how it's done.

I agree. I think we have to begin to unravel the donor class and their fundamental ability to financially compromise our elected officials. It is the donor class that controls the direction of policy in the federal government. They also control the political parties and the educational sector, and they also fund the chaos that is used to direct social policy as we are seeing in our streets right now. We have to get to them if there is still any desire in the country for a government of the people and by the people. We cannot allow a small cabal of billionaires of questionable motives to determine the destiny of our country.

 

[Fuzzy1975]

. We cannot allow a small cabal of billionaires of questionable motives to determine the destiny of our country.

You have the balls to type this, while gobbling up Trump's cock while on your hands and knees......too fucking funny!!!

 

[Veroe]

I agree. I think we have to begin to unravel the donor class and their fundamental ability to financially compromise our elected officials. It is the donor class that controls the direction of policy in the federal government. They also control the political parties and the educational sector, and they also fund the chaos that is used to direct social policy as we are seeing in our streets right now. We have to get to them if there is still any desire in the country for a government of the people and by the people. We cannot allow a small cabal of billionaires of questionable motives to determine the destiny of our country.

You lost me at the cabal of billionaires controlling the direction of our society, but everything else agreed 100%. Actually draining the swamp is the 1 thing the far right and far left can agree to work together on. It's why AOC and mat Gaetz can work together to write a bill to ban insider trading for congress members. Despite our differences some of our goals align.

 

[Chernosoth]

"shrink the government" has always been a Republican dog whistle for "less money to non-whites".

It will definitely shrink. The alternative is no government. There will be less money for everyone as we transition to a more agricultural nation with more barter. There will be less whites as all the races blend together and adapt to local conditions while working mostly outside. The old social classes and prejudices won't mean much when we're all dirt poor.

 

[Fuzzy1975]

It will definitely shrink. The alternative is no government. There will be less money for everyone as we transition to a more agricultural nation with more barter. There will be less whites as all the races blend together and adapt to local conditions while working mostly outside. The old social classes and prejudices won't mean much when we're all dirt poor.

You must be the life of the party at social gatherings.....*chuckles*

 

[RobDownSouth]

It will definitely shrink. The alternative is no government. There will be less money for everyone as we transition to a more agricultural nation with more barter. There will be less whites as all the races blend together and adapt to local conditions while working mostly outside. The old social classes and prejudices won't mean much when we're all dirt poor.

Facetious reasoning. America has a level of government services that it has come to expect from the federal government, it simply isn't willing to pay the cost of these desired services. This is why we have deficit spending and a flawed tax code that favors the wealthy.

Presuming an alternative of no government is a non-starter.

 

[Chernosoth]

You must be the life of the party at social gatherings.....*chuckles*

The drunken excesses of the industrial age lasted so long that people think this is normal. But the party is winding down. There won't be another party like this for millennia, maybe forever.

 

[Fuzzy1975]

The drunken excesses of the industrial age lasted so long that people think this is normal. But the party is winding down. There won't be another party like this for millennia, maybe forever.

Life's good here,maybe go see a Psychiatrist for your depression. There's no need to feel ashamed for looking out for one's mental health.

 

[Rightguide]

You lost me at the cabal of billionaires controlling the direction of our society, but everything else agreed 100%. Actually draining the swamp is the 1 thing the far right and far left can agree to work together on. It's why AOC and mat Gaetz can work together to write a bill to ban insider trading for congress members. Despite our differences some of our goals align.

Who do you think is funding all of these pro-Hamas campus chaos and judicial non-prosecution in Blue cities?

 

[JohnEngelman]

The figure is most likely closer to 10%. This is damn near a constant and damn near as much money is spent on all those auditors that are supposed to catch the "waste, fraud, and abuse." The only way to reduce the monies lost to "waste, fraud, and abuse" is to reduce the size of the government.

Cutting the size of the government is a perennial Republican aspiration. It cannot be done without reducing or eliminating programs most American will insist on keeping.

 

[Bray123]

I thought this was outrageous enough for anyone.