A new Government Accountability Office report uncovers massive government waste.
Excerpt:
The government could save tens of billions of dollars each year if redundant and duplicative programs were cut, according to a report released by the Government Accountability Office on Tuesday.
The GAO report examines programs and services that could be streamlined to increase efficiency of government and save money. It looked at areas of where it found either duplication or overlap of services — when “two or more agencies or programs are engaged in the same activities or provide the same services to the same beneficiaries — and fragmentation, when “more than one federal agency (or more than one organization with an agency) is involved in the same broad national interest.” Fragmentation often amounts to an overlap.
Here are some examples of the $400 billion of wasteful spending and duplication.
Excerpt:
This year, GAO identified 32 new areas of duplication and 19 additional areas of waste and inefficiency. The report cites duplication in almost a thousand individual programs, costing taxpayers over $300 billion per year. This is on top of more than $100 billion identified in last year’s report.
Examples include:
- 37 uncoordinated EPA laboratories and 94 “green building” programs for which costs cannot be determined because “information agencies provided was incomplete and unreliable.”
- $736 million spent on 14 different diesel emissions programs and federal funding for 55 surface freight transportation programs.
- 160 various housing assistance programs at a cost of $170 billion annually.
But that’s not the only way for the government to waste money… they can give it to green energy companies that go bankrupt!
Excerpt:
Abound Solar Inc., which received a $400 million U.S. loan guarantee to build two factories, shut down production and fired 180 people after panel prices fell by half last year.
Abound stopped making its first-generation solar panels and will refit its manufacturing lines to produce more efficient products, the Loveland, Colorado-based company said yesterday in a statement.
The move is a response to the same forces that drove Solyndra LLC into bankruptcy after it received a $535 million loan guarantee from the same U.S. Energy Department program, said Pavel Molchanov, an analyst at Raymond James & Associates Inc. in Houston.
You can read this article to see how Abound Solar was connected to wealthy Democrat party contributors.
WINTERY KNIGHT 