Wasteful Spending

Sep 20, 2017

If Congress were serious about ending wasteful spending, it could save $2.3 trillion in a period of five years. Citizens Against Government Waste said the federal government could balance its budget in three years with the approach that it recommends. The non-partisan organization outlined “607 recommendations to cut inefficient government spending that would not only balance the budget within three years but also save taxpayers $336.2 billion in the first year.” Currently the national debt is over $20 trillion. Reducing “improper Medicare payments by 50 percent in five years” would save the government $20.6 billion. The Environmental Protection Agency could eliminate the Energy Star program and save $52 million in one year. By way of example, the Government Accountability Office “submitted 20 phony products for certification, 15 of which were cleared, including a gas-powered alarm clock.” Next time politicians complain about cutting taxes, they should look to their own mismanaged programs for extra money.