Sunday, April 14, 2013

Billions in Government waste found in the duplication of Government services

The government has 76 programs to treat drug abuse spread across 15 different agencies. It has 47 programs for job training. And there are three federal agencies that inspect catfish. 
These are among the findings in a new Government Accountability Office report that found 162 areas where services are duplicated or money is being wasted in the federal government. The annual cost of duplicative or wasteful programs is estimated at roughly $250 billion, according to fiscal hawk Sen. Tom Coburn, R-Okla.
The senator said the money from those programs is worth more than the annual impact of the sequester, which went into effect in March and has triggered $85 billion in across-the-board agency budget cuts. 
"That's 250 billion dollars a year, that's three times what the sequester was," Coburn said. "Just in waste, in duplication, in stupidity, and lack of efficiency and effectiveness by the federal government. (It) makes you want to pull your hair out."
Read the whole story HERE and view a related video below:
 

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