Findings in a massive study reveal overlapping and duplicative programs cost taxpayers billions of dollars each year.
A to-be-released report from the nonpartisan Government Accountability Office (GAO) compiles a list of redundant and potentially ineffective federal programs, and it could serve as a template for lawmakers in both parties as they move to cut federal spending and consolidate programs to reduce the deficit. It is estimated that between $100 billion and $200 billion have been identified in duplicative spending. The GAO, however, didn’t put a specific figure on the spending overlap.
Click here to read the full article.
Source: Damian Paletta | The Wall Street Journal
Photo: U.S. Government Accountability Office