Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I rise in support of Senate bill 1508, the Improper Payments Elimination and Recovery Act of 2010. The amount of waste, fraud, and abuse of taxpayer dollars by Federal agencies is absolutely staggering. The Office of Management and Budget, the OMB, has reported that nearly $100 billion is wasted each year as a result of mistakes by our Federal agencies when paying for products and services. Last year, roughly $98 billion was lost in improper payments, $98 billion, the result of fraud or poor financial management. Half of this came from Medicare and Medicaid programs alone. Ninety-eight billion dollars is more than double the budget of the Department of Homeland Security. At a time when our country is facing record budget deficits, we cannot afford to lose billions of dollars each year to mistakes and fraud. Mr. Speaker, in April of this year, the House passed H.R. 3393, the companion to Senate bill 1508. The Senate has since made improvements to the legislation that will strengthen our ability to eliminate improper payments and recover lost funds. Like H.R.…”