Federal Agencies Admit To $1.2 Trillion In Improper Payments Since 2004
"Since 2004, twenty large federal agencies admit paying out an astonishing $1.2 trillion in improper payments.
...Last year, these improper payments totaled $140 billion – that’s about $12 billion per month.
...Improper payments in health care are especially troubling.
In 2011, when President Barack Obama signed the Affordable Care Act, Congress vowed to help pay for it by rooting out waste, fraud, corruption and taxpayer abuse from the Medicare and Medicaid programs.
In fact, the improper payments within these programs soared from $64 billion in 2012 to $85 billion today...