Professor Peabody
06-01-2016, 06:01 PM
Wastebook 2015 - The Farce Awakens
Dec 2015
Free Rent for Freeloaders - HUD $448 Million
The federal government spends nearly $40 million a month paying the rent for over 100,000 tenants who are not complying with the requirements for the subsidies while others who could qualify are on waiting lists for housing assistance.
“If HUD does not strengthen its controls,” the OIG concluded, taxpayers “will pay at least $448 million over the next year in subsidies for public housing units occupied by noncompliant tenants that otherwise could house compliant households.”962
http://www.flake.senate.gov/public/_cache/files/03714fa3-e01d-46a1-9c19-299533056741/final-wastebook-2015-pdf.pdf
Sounds more like Venezuela everyday. $40 million a month paying rent for 100,000 people who don't qualify? When Government gets SO big that it simply can't keep up with the money they spend to make sure it's not wasted like this, it's time to shrink the size and scope of the offending agency.
Dec 2015
Free Rent for Freeloaders - HUD $448 Million
The federal government spends nearly $40 million a month paying the rent for over 100,000 tenants who are not complying with the requirements for the subsidies while others who could qualify are on waiting lists for housing assistance.
“If HUD does not strengthen its controls,” the OIG concluded, taxpayers “will pay at least $448 million over the next year in subsidies for public housing units occupied by noncompliant tenants that otherwise could house compliant households.”962
http://www.flake.senate.gov/public/_cache/files/03714fa3-e01d-46a1-9c19-299533056741/final-wastebook-2015-pdf.pdf
Sounds more like Venezuela everyday. $40 million a month paying rent for 100,000 people who don't qualify? When Government gets SO big that it simply can't keep up with the money they spend to make sure it's not wasted like this, it's time to shrink the size and scope of the offending agency.