Young Oak Kim: “I want to talk about some different perspective about this balancing the budget. The Government waste, that is what I…”

“I want to talk about some different perspective about this balancing the budget. The Government waste, that is what I would like to talk about tonight, the waste and fraud is everywhere, Medicare, Medicaid; you are talking about waste and fraud. It is unbelievable. Food stamps, my golly, they are buying at a discount rate, turning around and selling it, buying drugs. It is total wasting, all kinds of fraud going on. The EITC, that is supposed to help people who have children, dependents. Now what happens? They changed the law back in 1987. Now anybody can receive a cash payment from the Government, even prison inmates. Waste and fraud, just beyond control. Welfare, we all know that. Housing, my golly, we have got housing projects put together by a Federal agency. It is unbelievable. All the housing is empty right now and defaulted. It is just unbelievable waste and fraud going on. We have more than 9,000 Federal programs overlapping each other. Nobody knows who is doing what.”