It seems like every day I read about how government wastes money so I thought I would record them. Since I began this blog, I have been stunned by the amount of waste, fraud, and mismanagement I have found. I recognize that some government is necessary for any society to exist but without the "profit incentive" that we have in private enterprise, government continues to grow like a cancer and along with it the potential for abuse. If you ever needed a reason to limit government, just read some of the following posts.

Saturday, April 28, 2012

$600 Million in Improper Retirement Payments

A retirement fund for federal workers improperly paid out an average of $120 million annually over the last five years, a new inspector general's report has revealed.

"The amount of post-death improper payments is consistently $100-$150 million annually, totaling over $601 million in the last five years. In addition, the balance due the government related to these improper post-death payments during the last five years has risen much faster (70%) than total annuity payments (19%)" wrote Inspector General Patrick E. McFarland of the Office of Personnel Management.

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