Thursday, March 3, 2011

GAO:Medicare Losing $48 Billion

Nearly 10% percent of payments are fraud?
Wonder what it will be when they figure out the prescription drug boondoggle?

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That’s the conclusion of a Government Accountability Office report released Wednesday. The report, issued at the request of a House subcommittee investigating Medicare and Medicaid fraud, estimates that the federal government is losing $48 billion on the improper payments – a significant amount for a program that “is fiscally unsustainable in the long term” unless action is taken.
If they are saying 10%, I am saying 20%. What say you?
I am not throwing flames at one party on this fiasco, The beltway Republicans are as much to blame as the libtards on this.....
Big Government=Fraud.
Every time.

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