A watchdog group called Open The Books released a report this week saying that the Biden-Harris administration will have made over $1 trillion in illegal payments by the time President Joe Biden leaves office if things keep going the way they are.
Federal rules say that a payment that is “made by the government to the wrong person, in the wrong amount, or for the wrong reason” is an incorrect payment.
The study says that the Biden-Harris government was in charge of making these kinds of payments worth $801.4 billion between 2021 and 2023, after taking inflation into account.
It won’t be known how much the government paid in illegal payments in 2024 until after the election in November. However, Open The Books says that Biden’s government has made more than $200 billion in wrong payments every year since it took office.
The watchdog says that the Biden-Harris administration will go over $1 trillion “barring something unusual.”
“President Biden and his replacements must do more than just talk about stopping the spread of improper payments,” Christopher Nefus, head of communications for Open The Books, told the Daily Caller News Foundation.
“The huge amount of wasted tax money is hard to understand. To put this in perspective, the most recent bill to fund the Pentagon cost $883 billion. This means that the Biden administration will have wasted more money than it needs to cover a year of national security.”
When it comes to the federal government, waste is nothing new. But the Biden-Harris administration has taken it to a whole new level. During former President Donald Trump’s four years in office, his administration found $814 billion in wrong payments that took inflation into account. This is a little more than what the Biden-Harris government mistakenly paid out in just three years.
According to Open The Book’s estimates, the Biden-Harris government wasted about $7,500 every second. The percentage of wrongly given government money dropped from 7.16 percent in 2021 to 5.44 percent in 2023 in that year.
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