Government Waste: US Made Staggering $100B in Improper Payments

Most improper payments were overpayments


The amount of government waste in 2013 was still sky-high as the U.S. made roughly $100 billion in improper payments.

Government wasteThis massive figure includes a number of improper payments such as unqualified tax credits, unemployment benefits given to citizens who are employed and medical payments for those who don’t need it.

The U.S. government waste can be attributed mostly to overpayments which account for roughly $97 billion. About $9 billion in underpayments also occurred.

2010 boasted the highest figures of improper payments which reached $121 billion. The Obama administration has been steadily lowering government waste ever since.

More Government News:

Want to share your own views on money and politics? Drop us a line at and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.

Article printed from InvestorPlace Media,

©2016 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.