Quote:
Originally Posted by gnadfly
Obama stated in at least two occasions there is 200 BILLION dollars of Medicare fraud a year. THAT'S 200,000,000,000 dollars A YEAR.
It makes this 8 Billion dollar overrun paltry.
I read your article and stopped when I saw one of the contractors was Accenture. We don't let them in our shop anymore.
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So I guess what you're saying is we can't walk and chew gum at the same time? No doubt there is waste and abuse in the medicare system and The Obama administration has recovered twice as much as the previous administration from the abusers. The 200 billion figure is only an estimate, the official GAO figure is 48 billion.
Do you think that my example is the only cost overrun? It's estimated that 1/3 of major pentagon expenditures have cost overruns. For instance in 2007, in 95 pentagon programs audited there were 295 billion in cost overruns. That figure is not "paltry". Moreover, What threats to US security justify spending 650 billion on defense? Explain the benefit to taxpayers of the 3 or 4 trillion spent on the Iraq and afghanistan wars.