Your Tax Dollars at Work – But Not for You
Thursday, November 13, 2014
This week’s Golden Fleece award goes to the U.S. Dept. of Agriculture (USDA) which, according to the Office of Inspector General (OIG), smoked $5 billion in stimulus money (i.e. your tax dollars) on programs that were “inherently not shovel ready.”
The biggest culprit was the Single Family Housing Loans and Grant Program, designed to get low income folks into homes. OIG says that 22% of these loans “may have noncompliance issues related to ineligible borrowers and properties”.