For those who wonder why Washington seems utterly incapable of addressing urgent national problems like Social Security and Medicare, Oklahoma’s Republican Sen. Tom Coburn has at least 385 billion reasons why. That’s the estimate of how much is lost every year as a result of the waste, fraud and abuse by profligate federal politicians and bureaucrats. America’s pension and healthcare problems face bankruptcy in the all-too-near-future, but Congress and federal bureaucrats just can’t stop dumping billions of tax dollars down their favorite rat holes.
Coburn, who is the ranking Republican on the Senate Subcommittee on Federal Financial Management, issued a report last week that every taxpayer should read because it provides voluminous details and examples of the Incredible Washington Waste Machine in action, including these:
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