Friday, October 17, 2008

Where to Cut Government Expenses

Same document mentioned in my previous post has this great detail on Page 11:
Nowhere To Cut?
• The federal government made at least $55 billion in overpayments in 2007.
• The Pentagon recently spent $998,798 shipping two 19-cent washers from South Carolina to Texas and $293,451 sending an 89-cent washer from South Carolina to Florida.
• Washington spends $60 billion annually on corporate welfare versus $50 billion on homeland security.
• Suburban families are receiving large farm subsidies for the grass in their backyards—subsidies that many of these families never requested and do not want.
• Over half of all farm subsidies go to corporate farms with average household incomes of $200,000.
• Government auditors spent the past five years examining all federal programs and found that 22 percent of them—costing taxpayers a total of $123 billion per year—fail to show any positive impact on the populations they serve.
• Congress appropriated $20 million for “commemoration of success” celebrations related to Iraq and Afghanistan.
• Examples of wasteful duplication include: 342 economic development programs; 130 programs serving the disabled; 130 programs serving at-risk youth; 90 early childhood development programs; 75 programs funding international education, cultural, and training exchange activities; and 72 safe water programs.
• Federal auditors estimate that $4 billion in Iraq-related spending is lost to corruption each year.
• Homeland Security employee purchases include 63-inch plasma TVs, iPods, and $230 for a beer brewing kit.
• The CBO published a “Budget Options” book identifying $140 billion in potential spending cuts.
• Two drafting errors in the 2005 Deficit Reduction Act will add $2 billion to its total cost.
• The National Institutes of Health spends $1.3 million per month to rent a lab that it cannot use.
• The National Oceanic and Atmospheric Administration billed taxpayers for its 30th anniversary celebration in 2000 and then for its 200th anniversary celebration in 2007.
• Members of Congress have spent hundreds of thousands of taxpayer dollars supplying their offices with popcorn machines, plasma televisions, DVD equipment, ionic air fresheners, camcorders, and signature machines.
• The Defense Department wasted $100 million on unused flight tickets and never bothered to collect refunds even though the tickets were refundable.
• Medicaid fraud and abuse are estimated to cost $15–$25 billion annually.
• Over one recent 18-month period, Air Force and Navy personnel used government-funded credit cards to charge at least $102,400 on admission to entertainment events, $48,250 on gambling, $69,300 on cruises, and $73,950 on exotic dance clubs and prostitutes.
• Congress recently spent $2.4 billion on 10 new jets that the Pentagon insists it does not need and will not use.
• Lawmakers diverted $13 million from Hurricane Katrina relief spending to build a museum celebrating the Army Corps of Engineers—the agency partially responsible for the failed levees that flooded New Orleans.
• Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards provided to hurricane victims were used to pay for Caribbean vacations, NFL tickets, Dom Perignon champagne, “Girls Gone Wild” videos, and at least one sex change operation.
• Auditors discovered that 900,000 of the 2.5 million recipients of emergency Katrina assistance provided false names, addresses, or Social Security numbers or submitted multiple applications.
• Medicare officials recently mailed $50 million in erroneous refunds to 230,000 Medicare recipients.
• The Commerce Department has lost 1,137 computers since 2001, many containing Americans’ personal data.
• Audits showed $34 billion worth of Department of Homeland Security contracts contained significant waste, fraud, and abuse.
• Washington recently spent $1.8 million to help build a private golf course in Atlanta, Georgia. • Congress recently gave Alaska Airlines $500,000 to paint a Chinook salmon on a Boeing 737. • Congressional investigators were able to receive $55,000 in federal student loan funding for a fictional college they created to test the Department of Education.
• The Advanced Technology Program spends $150 million annually subsidizing private businesses; 40 percent of this funding goes to Fortune 500 companies.
• The Conservation Reserve program pays farmers $2 billion annually not to farm their land.
Source: Dozens of public studies and reports compiled by the Heritage Foundation.

Now here is my Question: Do we run our household budget like this? If no, than why the country?

No comments: