10 biggest risks to taxpayer dollars

Here are 10 major threats to our nation’s finances, including potential public safety crises and programs that are vulnerable to fraud and waste, according to the Government Accountability Office.

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105Comments
Apr 11, 2013 8:06PM
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This is a joke. Disability, maybe we should hire some unemployed people that want jobs to go out and catch all those that can work but won't. Saying that disability went up due to high unemployment is saying that fraud was allowed by our Social Security Department. But then again, I work in a hospital and see the ??? disabled every day.  A high percentage could work, they just don't want to.
Apr 11, 2013 7:39PM
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Biggest risk to taxpayer dollars.............Obama and the democratic party.
Apr 11, 2013 10:23PM
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Why in the HELL are Fannie Mae and Freddie Mac still around if they have thus far cost taxpayers $187 billion?
Apr 11, 2013 10:18PM
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"A lot of Americans don't even know about it."...Not surprising! There is a lot of shady stuff going on behind the 'Oz' curtain in our government!
Apr 11, 2013 9:37PM
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Obama did not do us any favors with his two year unemployment scam. There are jobs out there crying for employees but people will not do them. That is why illegals are doing them. Farmers are crying for help harvesting crops but citizens think these jobs are below them. If their unemployment was shut off and they were hungry they might find this work to be maybe not below their status.
Apr 12, 2013 10:00AM
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Washington D.C. is the money pit !!!
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The government as a WHOLE, whether Republican or Democrat controlled, IS the money pit.

 

Scientists need not look any further into space for black holes, just look as far as Washington DC.

Apr 12, 2013 9:52AM
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after being at the store last night, the bigest problem we have is the mochers playing the system. I watche a couple load 2 carts will all name brand food then pay with a peach card. both were clean and dressed in new name brand clothes. the girl was sporting a nice rock on her hand. she complained she only had 2.11 left on her card after the transaction. I was next in line and bought less than half a cart of mostlly store brand food  spent about 110 bucks of my own money. the went outside. they were loanding their new dodge durango with nice rims. while I went to my 5 year old truck with 124K miles on it to load up and go home.  we really need a hot line to report things like this so the people can really be looked into as it is our money.    this was all true
Apr 11, 2013 7:58PM
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The only way to control Bullymerica spending is to cut the supply route of money to them.  Quit work. Plant a garden.  Even a community garden. All work it.  All eat from it.  Works well when all understand they work, they eat.  If the steady supply of tax money was shut down, the gubbymint would have to unload the freeloaders who make up the majority (that 53% who don't pay taxes).  Then, they would throw CONgress out.  In a last ditch effort, CONgress would actually do something to try to stay in office.  Then, the last laugh could be ours.
Apr 11, 2013 8:53PM
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Disability.   Look at you own account on the social security website and see what you could get.  No wonder many are getting on the gravy.   If you factor in the costs of working and going to a low wage job, it's much more than you could make! 
Apr 12, 2013 8:40AM
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Let me see I live in the once great state of NY, highest taxes in the land, how did we get here? Ok first the Dumbocrat Party and their endless promises. All the lack of public service worker union members led by the teachers. All make phat stack of cash, paying little or nothing for health bendfits, and an even phatter pension when they retire. Next the rest of the Dumbocrat voters single moms and al their little babbies that need my support. Free rent, free medical, free transportation to the doctors, free breakfast and lunch at school( our schools stay open in the summer so the poor things can eat, yea), state Earned Icome Credit, the list goes on and on. As their man lays up in the crib, just watin on her to get home so he make another little one for me to support. I guess that just about covers it.
Apr 12, 2013 9:11AM
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I know a number of people who worked for the govt., retired young, and collect fat pensions for the next 30 years.  Pension funding has become a huge problem.
Apr 12, 2013 9:44AM
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The government has always operated under the pretext that it is too expensive to create positions so that the fraud in the Medicare and Medicaid systems could be stopped, but the return on investment in those auditors would be HUGE compared to what we would pay the people doing the audits. Makes no sense...stop fraud and waste AND create jobs.

Additionally, not enough emphasis has been put on the fact that the Social Security  benefits received were PAID FOR IN ADVANCE from every LEGALLY working person. Congress took (STOLE) that money from every working American to fund its pet social programs, etc. That is why Social Security is in danger.

Lastly, Rx availability: I am NOT a big fan of government regulation in a free enterprise market, BUT the drug companies are charging huge markups on drugs (1000% of cost in some cases) under the pretext that they use the $ they get for research and development, when it actually goes for marketing and lining the pockets of congress through the Rx lobby.  WORST OF ALL, drug companies are not manufacturing the quantities of some very commonly prescribed drugs because they ARE NOT MONEY MAKERs for them....This is the real reason there is a shortage. (PS. UK and USA are the only large countries worldwide not to cap the profit amount that can be made on a drug.

Apr 12, 2013 12:16AM
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The big problem is Uncle Sam printing paper money.  They have been at it for a 100 years and it keeps going on while we go broke. Inflation is eating us bit by bit.  Just look at the last 100 years.

Sugar duties just add to the problem for every person in the country. 

Apr 12, 2013 3:35AM
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Obamacare?? (Just wait tell the cost start rolling in for that disaster)...oh and you say Private Pensions (Is that a mis-print)??...What about the Public pensions these so called heroes (cops/fire/teachers/county/city/state/federal) have raped Ca with?? Wall STreet?? I just love how these politicians bail out Wall Street and everyone is pissed at Wall Street; not the politicians for bailing them out..LOL...I worked Wall Street and use to deal with regulators...we would laugh at how stupid these people were (Govt idiots making less than $100,000 a year trying to hang with people making 1 million a year; LOL we would talk circles around these people and they would walk away with a smile)...the regulators and regulations were there in this mess and the regulators and the Govt watched all this go on right in front of their eyes (The regulators failed and so did the politicians when they bailed Wall Street out)...now most people acting like we need more regulations. I can promise you these banks will turn around and put the cost of this crap right back on you.

Apr 12, 2013 9:06AM
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Fannie mae and freddie mac is a liability to our country. Shut it off. Let sequester be affective

upon them. Let their payments and benefits be positive result oriented.

Apr 12, 2013 10:30AM
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Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed, to me:
I lift my lamp beside the golden door.

 

Funny that when this quote was brought about the poor and the homeless would come here to better there lives by working hard and being part of the big picture. Now this qoute stands for laziness , hate for people that strive for a better life , hate for people that have a better life .

 

But we cant blame the worthless for taking everything the government feels they are deserved. Our politicians are no better than the weak sheep that take and take and take because they can.

 

If you feed the rats they will never leave.

 

This is not a country any more it is an OBAMANATION !!!

Apr 12, 2013 9:05AM
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Here's a few I can think of off the top of my head - Medicare fraudster doctors, illegal aliens receiving govt. benefits and foreign aid.  There are two bridges in my area where the concrete is crumbling down into the roadway.  Guess there will be no repairs until they cave in as they have been in this deplorable condition for a long time.  
Apr 12, 2013 7:45AM
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URA, crude supply has been plentiful, then and now. However the conflicts allowed the crude manipulators to gouge global consumers in the trillions. Maybe more when you consider the added costs of shipping commodities. Concerning Social Security, it has a nearly 3 Trillion Dollar surplus that our Government needs to put back. No more bogus IOUs. In fact, once interest rates normalize, the Surplus will become far larger. Meaning Social Security isn't a cost, theft from it by the gov is.
Apr 12, 2013 10:05AM
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7+% of Medicaid is fraud.  Good idea let's let the "government" be more in charge of our lives and money.  
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