Profile picture
CSM
, 9 tweets, 2 min read Read on Twitter
We all make mistakes, but most of us don’t make mistakes with billions of dollars of someone else’s money. dailysign.al/2JC7p6N @DailySignal
According to the Government Accountability Office, in 2018, the federal government made nearly $150 billion in improper payments.
This included $16 billion from the earned income tax credit, $36 billion from Medicaid, more than $3 billion from food stamps, and just shy of $10 billion from Medicare. Especially embarrassing was Social Security paying nearly $1 billion in benefits to dead people.
Examples abound. Last year, $1.77 billion in food stamps were improperly paid because recipients failed to provide accurate and timely information, which meant the government had little way to verify if those food stamps reached people who actually needed them.
Another $1.5 billion was improperly paid because state or local administrators didn’t coordinate with each other about the federal benefits households receive.
A 2015 Social Security Administration inspector general’s report found there to be 6.5 million active Social Security numbers for people over the age of 112. As of July 8, there were only known to be 33 people in the world that are 112 or older.
Ending “double dipping” into Social Security Disability Insurance and unemployment insurance would save $25.4 billion over 10 years, and ensuring that accidental overpayments in Social Security benefits are paid back in a timely manner would save $2.5 billion in 2020.
Much of the problem results from the massive bureaucracy that flies in the face of the Founders’ vision, but Congress still must ensure all government programs are run honestly and effectively, regardless of whether they should exist.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to CSM
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!