No sitting president has ever admitted to $1 TRILLION in improper payments during a single four-year term, but President Biden is on pace to do just that before he leaves office.
Biden-Harris Admin on Track to Oversee $1 Trillion in Improper Payments, Watchdog Group Finds | Robert Schmad | Daily Caller | www.dailycaller.com Biden Administration on Track for $1 Trillion in Improper Payments | Stephen Dinan | Washington Times | www.washingtontimes.com
Federal agencies threw out over $764 billion on improper payments in fiscal years 2021-2023, or $801.4 billion after adjusting for inflation.
It would be a nearly $200 billion increase in improper payments from President Trump’s administration, adjusted for inflation.
Barring something unprecedented, the total will cross the trillion-dollar mark by the time President Biden’s term ends.
The Biden-Harris administration is fond of marking historic firsts, but this will be a rather ignominious one.
Two decades later, here we are about to cross another terrible benchmark: a trillion dollars worth of taxpayers’ money spent improperly in just a single, 4-year presidential term.
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