EXography: Ending improper federal payments could eliminate billions in waste and fraud

Published February 25, 2014 5:00am ET

Those worried that the federal government has gotten too big to manage likely weren’t reassured in September when House Minority Leader Nancy Pelosi claimed there is nothing left to cut from the almost $3.8 trillion-a-year budget for fiscal 2014.

“The cupboard is bare. There are no more cuts to make. It’s really important that people understand that,” Pelosi said during an interview on CNN’s “State of the Union” news program.