Rand Paul's annual waste report illustrates fiscal insanity

Senator Rand Paul recently came out with his annual "Waste Report," showing how the federal government treats taxpayers as a baby treats a diaper.  Or, for the squeamish, as Michael Moore treats a jelly donut. Topping the list is $48 billion in improper Medicaid and Medicare payments.  The Centers for Medicare and Medicaid Services (CMS) spent $582 billion on Medicare alone during fiscal year 2018, making it the second most expensive program after Social Security.  Misallocating over 8% of those dollars should be concerning.  The fact that the Government Accountability Office (GAO) has termed the CMS a "High Risk Program" every year since 1990 should be shocking and unacceptable.  $48 billion in fraud and incompetence?  Fool me once, shame on you; fool me 29 consecutive times, shame on me. Not to be outdone, the Los Angeles school district siphoned off a cool $158 million in...(Read Full Post)
You must be logged in to comment.