By Spencer Lindquist | Published at DailyWire.com
The Biden-Harris administration is set to surpass $1 trillion in inflation-adjusted improper payments, according to a new watchdog report.
That puts the administration on track to break the record for the highest amount of improper payments in a single presidential term, Open The Books found. Improper payments, which are “made by the government to the wrong person, in the wrong amount, or for the wrong reason,” are forms of wasteful government spending that include underpayments, overpayments, administrative errors, and in some cases, fraud.
“Leadership occasionally pays lip service to tamping down improper payments, but it’s obvious: the more we spend, the more mistakes get made,” a spokesman for Open The Books explained. “We need to have greater accountability for mitigating the losses and give Congress the tools to troubleshoot the problem.”
Open The Books’ analysis found that over $764 billion in improper payments — $800 billion when adjusted for inflation — has been expended by the Biden-Harris administration in the first three fiscal years. That means taxpayer funds have been wasted at a rate of $7,500 per second — $450,000 every minute.
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