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What are the estimated figures of government waste, fraud, and abuse according to the General Accounting Office?
According to the General Accounting Office's assessment, government waste, fraud, and abuse is estimated to range from a quarter trillion to half a trillion dollars ($250-$500 billion). This includes misspent payments, Medicare overcharges, and improper benefits to deceased individuals. A specific concern involves Social Security payments going to people who are deceased, though investigations suggest these cases are less widespread than claimed. Addressing these issues requires thorough audits while ensuring legitimate beneficiaries continue receiving their entitled benefits.
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09:18
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Ron Insana Addresses Government Waste and Fraud Estimates
MSNBC·8 months ago
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