Tuesday, March 01, 2011

I'm stunned. Are you stunned? GAO identifies up to $200 BILLION in Federal Government waste.

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So... there you have it: we can, according to the Government Accounting Office, we could whack $200 billion from the budget... right now, today.

Perhaps we should give that a try? Or is this report destined to be "Sonntaged," that is to say, ignored... much like the legislature ignores the findings where State Auditor Brian Sonntag finds billions of dollars of missing, misspent or just plain wasted tax dollars every odd year or so.

But then... what the heck. It ain't their money.

Hot off the monitor screen: The Wall Street Journal:

Billions in Bloat Uncovered in Beltway

By DAMIAN PALETTA

WSJ's Damian Paletta discusses a GAO report that uncovers billions of dollars in wasteful spending by the U.S. government due to duplicate work done by dozens of agencies.

The U.S. government has 15 different agencies overseeing food-safety laws, more than 20 separate programs to help the homeless and 80 programs for economic development.

These are a few of the findings in a massive study of overlapping and duplicative programs that cost taxpayers billions of dollars each year, according to the Government Accountability Office.

A report from the nonpartisan GAO, to be released Tuesday, compiles a list of redundant and potentially ineffective federal programs, and it could serve as a template for lawmakers in both parties as they move to cut federal spending and consolidate programs to reduce the deficit. Sen. Tom Coburn (R., Okla.), who pushed for the report, estimated it identifies between $100 billion and $200 billion in duplicative spending. The GAO didn't but a specific figure on the spending overlap.

GAO Report

See the report, 'Opportunities to Reduce Potential Duplication
in Government Programs, Save Tax Dollars, and Enhance Revenue.'

The GAO examined numerous federal agencies, including the departments of defense, agriculture and housing and urban development, and pointed to instances where different arms of the government should be coordinating or consolidating efforts to save taxpayers' money.

The agency found 82 federal programs to improve teacher quality; 80 to help disadvantaged people with transportation; 47 for job training and employment; and 56 to help people understand finances, according to a draft of the report reviewed by The Wall Street Journal.

Instances of ineffective and unfocused federal programs can lead to a mishmash of occasionally arbitrary policies and rules, the report said. It recommends merging or consolidating a number of programs to both save money and make the government more efficient.

"Reducing or eliminating duplication, overlap, or fragmentation could potentially save billions of tax dollars annually and help agencies provide more efficient and effective services," the report said.

There have been multiple efforts to cull the number of federal programs in recent years, but they often run into opposition from lawmakers in both parties who rush to defend individual spending provisions. In fact, GAO's recommendations are often ignored or postponed by federal agencies and lawmakers, particularly when they could require difficult political votes.

The report says policy makers should consider creating a single food-safety agency because of a number of redundancies. The Food and Drug Administration makes sure that chicken eggs are "safe, wholesome, and properly labeled" while a division of the Department of Agriculture "is responsible for the safety of eggs processed into egg products."

Spokespeople for the Department of Agriculture and FDA pointed to the Obama administration's creation of the Food Safety Working Group, which works to better coordinate the government's regulators.

More:
HHhmmmm.... maybe we can whck a couple of hundred billion off the buidget RIGHT NOW for a start?
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