4/25/13

Mismanagers Never Overspend Enough

Prog collectivists always mock U.S. traditional values

Cartoon:

from related story"No Sequester Furloughs For Obamacare Officials":
The office implementing most of President Obama’s healthcare law is not furloughing its workers as a result of sequestration, its director said Wednesday.

Gary Cohen, director of the Center for Consumer Information and Insurance Oversight, said Wednesday that his office has not cut its workers’ hours and pay as a result of the automatic budget cuts that went into effect in March.
(via weaselzippers.us)


If you are a federal worker on furlough this week — or an airline passenger delayed by federal furloughs — you might want to save your blood pressure and go read another story.
This one is about all the money the U.S. government spends on ... nothing.

It is one of the oddest spending habits in Washington: This year, the government will spend at least $890,000 on service fees for bank accounts that are empty. At last count, Uncle Sam has 13,712 such accounts with a balance of zero.

They are supposed to be closed. But nobody has done the paperwork yet.

So even as the sequester budget cuts have begun idling workers and frustrating travelers, the government is required to pay $65 per year, per account to keep them on the books.

In this time of austerity, the accounts are a reminder of something that makes austerity hard: expensive habits, built into the bureaucracy in times of plenty. The Obama administration has spent the past year trying to close these accounts, with only some success.
(full story "Feds spend at least $890,000 on fees for empty accounts" at washingtonpost.com)

No comments:

Related Posts with Thumbnails