OMB Reports $125 Billion in Improper Payments Made Last Year

November 16, 2010

WASHINGTON D.C. – Rep. Darrell Issa, the Ranking Member of the Oversight and Government Reform Committee, released the following statement today regarding the Office of Management and Budget’s (OMB) report revealing that the federal government’s improper payments for FY-2010 totaled $125 billion, $15 billion higher than the previous year:

“It is unthinkable that we have come to accept having a bureaucracy that has institutionalized waste, fraud and abuse to the point where $125 billion in improper payments were made last year. The first place we should look to make progress on higher costs, increased debt and a stagnant economy is look inward at how taxpayer dollars are being spent and doing more to ensure that tens of billions of dollars are no longer erroneously paid out.”

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