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Rand Paul’s annual waste report illustrates fiscal insanity

Senator Rand Paul recently came out with his annual “Waste Report,” showing how the federal government treats taxpayers as a baby treats a diaper. Or, for the squeamish, as Michael Moore treats a jelly donut.

Topping the list is $48 billion in improper Medicaid and Medicare payments. The Centers for Medicare and Medicaid Services (CMS) spent $582 billion on Medicare alone during fiscal year 2018, making it the second most expensive program after Social Security. Misallocating over 8% of those dollars should be concerning. The fact that the Government Accountability Office (GAO) has termed the CMS a “High Risk Program” every year since 1990 should be shocking and unacceptable. $48 billion in fraud and incompetence? Fool me once, shame on you, fool me 29 consecutive times, shame on me.

Not to be outdone, the Los Angeles school district siphoned off a cool […]

Read the full story from The American Thinker

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