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Our View on Wasteful Federal Spending and Reform
The piece argues that new detailed federal financial statements reveal billions unaccounted for annually, with the GAO auditing the statements and finding widespread deficiencies. It highlights waste in Medicare overpayments, missing Pentagon equipment, and HUD excess spending, urging reforms and disciplined budgeting based on the consolidated statements.
MENTIONED IN THIS ARTICLE
Clinton
General Accounting Office
Steve Horn
California
Horn
House
Government Reform and Oversight Committee
Pentagon
HUD
GAO
Defense and Justice Departments
Health and Human Services
Agriculture
Commerce
Education
Interior
State