… THAT’S “REAL MONEY”
Government in America has grown so large and unruly that a million dollars barely qualifies as a molecule in the bucket … let alone a drop. Hell, a billion dollars barely registers as a blip on the radar when you’re talking about a $4 trillion budget (and $17.6 trillion debt).
Accordingly the famous (and possibly apocryphal) quote often attributed to former U.S. Sen. Everett Dirksen – “a billion here, a billion there, and pretty soon we’re talking about real money” – no longer applies. Now we’ve got to talk about tens or hundreds of billions to make an impact.
Like this report from the Associated Press citing overpayments of $97 billion last year – which the government says is the result of “clerical errors.”
Think about that for a second. The federal government – your government – is so insanely big its “clerical errors” are now pushing the $100 billion mark. Oh, and that astronomical figure is likely a low-ball estimate.
“The federal government is unable to determine the full extent to which improper payments occur and reasonably assure that appropriate actions are taken to reduce them,” a bureaucrat at the Government Accountability Office (GAO) told lawmakers this week.
Don’t worry, though … they’ll print more!