IMPROPER PAYMENTS -- ANALYZING $2.3 TRILLION MISTAKENLY SPENT BY THE U.S. GOVERNMENT SINCE 2004

 Source:

https://www.openthebooks.com/assets/1/6/Improper_Payments_Report_v8.pdf

 

"SINCE 2004, twenty large federal agencies have admitted to disbursing an astonishing $2.3 trillion in improper payments.  

Last year, these improper payments totaled $175 billion – that’s about $15 billion per month, $500 million per day, and $1 million a minute.

But what exactly is an improper payment?
Federal law defines the term as “payments made by the government to the wrong person, in the wrong amount, or for the wrong reason.”

 

... ANCIENT AMERICANS  Six million Social Security numbers are active for people aged 112+; however, only 40 people in the world are known to be older than 112 years of age. "