Wednesday, August 6, 2014

$619 Billion In Federal Spending - Where Did It Go

A recent audit by the Federal Government Accounting Office,  shows that $619 Billion in spending cannot be accounted for.   Most of this money, about $544 Billion is tied to Health and Human Services spending responsible for managing programs like ObamaCare and Medicare.   The second largest offender was the Veterans Affairs Department that we know now has failed to provide medical services to our VETS.  The VA cannot account for about $64 Billion in spending.   In all, there are about 300 federal government programs that have mismanaged the taxpayer monies given them to run these programs. 

While $619 Billion is chump change in Washington DC, it should be no surprise that this much money is unaccounted for.   The waste, fraud, abuse, corruption and redundancy at all levels of government spending is legend.  No doubt, this money is just the tip of a huge iceberg.  This is the reason why this Blogger will not support any tax increases because I know that both Socialists and Republicans, in power and public employee union members already do a lousy job managing the money they already confiscate from hard working Americans. 

So as the Middle Class is earning less today than decades ago in real terms, the federal government is confiscating more and more of our money and then can't even account for the debits in the federal check book.   Combine this with the unconstitutional over reach by the IRS, Homeland Security, Health and Human Services and the Justice Department that is a real threat to our freedom and what we have is a federal government that is mismanaged and completely out of control.  This missing $619 Billion is just one example of Obamanista government failure.

Our border has collapsed.  Our economy and foreign policy are a mess.  More than 70% of Americans believe we are headed in the wrong direction.  This is the reason only die hard Socialists still support Socialist President Pinocchio Obama according to a Wall Street Journal Poll.   Obama is the worst President since Jimmy Carter and the vast majority of Americans know it.  It is what it is.    

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