U.S. Government Wastes Up to $100 Billion - Report
Thu Oct 2, 2:04 PM ET Add U.S. National - Reuters to My Yahoo!
WASHINGTON (Reuters) - U.S. taxpayers could save $85 billion to $100 billion over a decade if Congress truly comes to grips with wasteful spending in government programs, House of Representatives Republicans said on Thursday.
The new estimate by the House Budget Committee was based on reports submitted by the congressional panels that oversee federal programs ranging from farm aid to veterans' benefits, student loans and Medicare health insurance for the elderly.
It represents the latest effort by Budget Committee Chairman Jim Nussle, an Iowa Republican, to convince lawmakers -- including skeptics in his own party -- that big savings can be wrung out of the politically popular benefits.
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http://story.news.yahoo.com/news?tmpl=story&cid=1896&ncid=1896&e=1&u=/nm/20031002/us_nm/congress_waste_dc_3So nice to know that the repugs feel that we can waste another $87B on top of the other waste "they reside over" today.