US Gov't Made $125B In Improper Payments In 2010

Law360, New York (November 17, 2010, 11:27 AM EST) -- Federal agencies doled out roughly $125 billion in improper payments in fiscal year 2010, up $15 billion from the year before, despite renewed efforts to curb fraud, waste and abuse in the biggest government spending programs, according to the U.S. Office of Management and Budget.

The agency on Tuesday released numbers showing that, while the dollar amount of federal agencies' improper payments increased $15 billion, from $110 billion in 2009, the payments as a percentage of overall government spending ticked down slightly, from 5.65 percent in...
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