Wednesday, December 05, 2012

Reducing Federal Spending

Michael Sivy of Time has a simple answer.  Start with reducing fraud in federal programs.  By his numbers we could reduce fraud by $73.5 billion if we were able to eliminate it in only three programs: medicare, social security, food stamps.  Of course, Sivy doesn't think all fraud could be eliminated, but it should be reduced considerably.  When you add in the prescriptions of the GAO, the number becomes much larger, probably as much as we need to start operating smarter.

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