$247 billion of taxpayer money was wasted in the U.S. in 2022

$247 billion of taxpayer money was wasted in the U.S. in 2022, per CNBC.

The U.S. has lost almost $2.4 trillion in simple payment errors over the last two decades, per CNBC.

“The government has just lost, as if you dropped it on the sidewalk, trillions and trillions of dollars over the last few decades,” said Richard Stern, a budget and spending expert from the Heritage Foundation. “That is money that was stolen from hardworking Americans to just simply get wasted.”

“The Government Accountability Office every year issues a report on duplicative and overlapping programs and every year they find more and more of these programs,” according to Tom Schatz, president of Citizens Against Government Waste.

In January, it was announced Republicans in the House of Representatives will vote on a bill that would abolish the Internal Revenue Service, eliminate the national income tax, and replace it with a national consumption tax.

The news was initially broke by Fox News.

The bill is put forward by Republican Buddy Carter's reintroduced Fair Tax Act.

Read more: https://unusualwhales.com/news/house-republicans-to-vote-on-bill-abolishing-irs-eliminating-income-tax