Ever Wonder Where All That Money Goes?

The United States just spent a LOT of money in the past fiscal year. In fact, the deficit alone was $1.4 trillion . Wonder where it all goes?

The Heritage Foundation lists out 50 expenditures that will leave you amazed:

1. The federal government made at least $72 billion in improper payments in 2008.

2. Washington spends $92 billion on corporate welfare (excluding TARP) versus $71 billion on homeland security.

3. Washington spends $25 billion annually maintaining unused or vacant federal properties.

4. Government auditors spent the past five years examining all federal programs and found that 22 percent of them–costing taxpayers a total of $123 billion annually–fail to show any positive impact on the populations they serve.

5. The Congressional Budget Office published a “Budget Options” series identifying more than $100 billion in potential spending cuts.

6. Examples from multiple Government Accountability Office (GAO) reports of wasteful duplication include 342 economic development programs; 130 programs serving the disabled; 130 programs serving at-risk youth; 90 early childhood development programs; 75 programs funding international education, cultural, and training exchange activities; and 72 safe water programs.

7. Washington will spend $2.6 million training Chinese prostitutes to drink more responsibly on the job.

Some of these will make you sit back and say, “What?” Others are rather vaguely worded so you will wonder what they are talking about unless you go over there and click the links they provide.

There is some ridiculously wasteful spending out there. As if you did not already know that.

What makes one think that giving the government control over health care will be a model of efficiency, responsibility and perfect conduct? They can, have and will continue to screw up with much lesser sums of money.

Thinking the Federal bureaucracy will reform itself with a new $1 trillion or so to play with is, at very best, to make Pollyanna look like a suicidal goth.

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3 Responses to Ever Wonder Where All That Money Goes?

  1. UNRR says:

    This post has been linked for the HOT5 Daily 10/09/2009, at The Unreligious Right

  2. Tom says:

    The government never knows where the money goes.

  3. Mockingbird says:

    Hey, I’m trying to start my weekend here!

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