Author Topic: Budget Cuts ? How About $200 Billion Plus in Waste  (Read 1427 times)

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Offline J P Sousa

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Budget Cuts ? How About $200 Billion Plus in Waste
« on: February 27, 2013, 03:26:27 PM »
Sequester-Sized Government Waste Can Go First

http://finance.townhall.com/columnists/johnransom/2013/02/26/sequestersized-government-waste-can-go-first-n1520374/page/full/

U.S. Attorney General Eric Holder, suggest that there is an estimated $60 to $90 billion in fraud in Medicare and a similar amount for Medicaid.......for a total of $120 Billion.

DOE loans of $34.5 billion green energy

$27 billion to help the UAW

$15 billion that taxpayers are in the hole for GM

Plus it (Waste) goes on and on.....

And Bronco-bama says a tiny cut will cause catastrophe ?  :argh:
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Offline Celtic Rose

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #1 on: February 27, 2013, 03:29:07 PM »
I truly don't understand what is so difficult about finding waste and cutting it.  Every governmental agency should be responsible for an annual accounting of how they spent their money, with suggestions on ways that they could reduce spending. 

Offline CG6468

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #2 on: February 27, 2013, 03:40:29 PM »
I truly don't understand what is so difficult about finding waste and cutting it.  Every governmental agency should be responsible for an annual accounting of how they spent their money, with suggestions on ways that they could reduce spending.

 :bow2:   :bravo:    :exactly:
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Offline J P Sousa

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #3 on: February 27, 2013, 03:45:13 PM »
I truly don't understand what is so difficult about finding waste and cutting it.  Every governmental agency should be responsible for an annual accounting of how they spent their money, with suggestions on ways that they could reduce spending. 

The real irony is, every department, organization or agency that gets government money will look for ways to spend any money that "might" go unspent at the end of the fiscal year.  :hammer:
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John Wayne: "America Why I Love Her"
https://www.youtube.com/watch?v=j5ZGz7h0epU

Get Over It! We Are Not All Created Equal ~Capt Katie Petronio

Obama Wiretapped The Trump Tower...FACT

The reason there are so many stupid people is because it's illegal to kill them.
~John Wayne

Offline CG6468

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #4 on: February 27, 2013, 03:47:07 PM »
The real irony is, every department, organization or agency that gets government money will look for ways to spend any money that "might" go unspent at the end of the fiscal year.  :hammer:
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I learned that during my days in the Coast Guard.
Illinois, south of the gun controllers in Chi town

Offline JohnnyReb

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #5 on: February 27, 2013, 04:10:43 PM »
The real irony is, every department, organization or agency that gets government money will look for ways to spend any money that "might" go unspent at the end of the fiscal year.  :hammer:
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"The Peter Principle".....great 1960's book that describes government waste to a tee that is still very relevant today.
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline thundley4

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #6 on: February 27, 2013, 04:16:25 PM »
The real irony is, every department, organization or agency that gets government money will look for ways to spend any money that "might" go unspent at the end of the fiscal year.  :hammer:
.

The same is true for departments in big corporations, too. Some of our customers maintenance divisions have separate funds to spend on repair vs. replacement.  I've seen cases where they spend twice the replacement cost of an electric motor to fix one.

Offline BattleHymn

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Re: Budget Cuts ? How About $200 Billion Plus in Waste
« Reply #7 on: February 27, 2013, 06:35:20 PM »
We all got a 2% cut in our take-home pay with the SS increase in January. 

The government can survive a 2% cut, too.