Government pisses 100 Billion dollars a year away in error

http://reason.com/24-7/2014/01/16/government-wastes-100-billion-a-year-on

A really sad fact about the level of our government.

 

Checks and balances.

And the product of those finds should be yet another reason to get the career politicians out the effin door.

 

$100B? No biggie. Just a rounding error for Herr Obama's administration's increasing cost of doing business.

 

I've always found it humorous that the govt stops at no end when you owe them money (see IRS, parking tickets, property taxes), yet doesn't give one shit about the spending side of it.

 

I don't know why. I doubt cattle find anything we do humorous. We should know our place.

 

Greedy corporate types are the problem.

 

Yep. You prolly don't pay your fair share.

 

.001% of the budget. Waste is bad, but math skills are good.

 

The fact the budget is that high is worse.

 

Uh, you sure about that?

 

Must have gotten the number from his global warming data set algorithm. It always aims higher.

 

We have a $10000tn budget?

 

How much should the budget be, eric? Give me a figure and a rationale.

 

pardon, .1. Further proof math skills are good.

 

1.1. I called it an even 1 trillion, then divided 100 billion by 1 trillion. Comes to .1 %

 

Joke doesn't work, my number came out lower.

 

$100bn is 10% of $1tn

 

In actuality that $100bn is ~2.5% of the total budget and accounts for ~13% of the projected $750bn deficit. I think its pretty significant.

 

It is significant. Assuming the story is accurate. I'm having trouble finding where they got these numbers.

 

I'm not going to arbitrarily throw out a number, but a shit ton lower would be a good start.