Medicaid Made $14.4 Billion Improper Payments Last Year

GAO: problem will worsen under Obamacare
Marilyn Tavenner

The federal government paid out $14.4 billion in fraudulent reimbursements through Medicaid last year, according to the Government Accountability Office (GAO).

Sen. Orrin Hatch (R., Utah) highlighted a recent GAO report on the lack of oversight within Medicaid’s managed care organizations (MCOs) delivery system, which accounts for roughly $4 billion in waste each year.

A Well-Oiled Smuggling Machine

Iran smuggling oil to China in violation of sanctions, investigation suggests
An Iranian Revolutionary Guard speedboat escorts a passenger ship with oil tanker in background / AP

Iran is engaged in an elaborate oil smuggling scheme that enables it to skirt international sanctions as it transmits valuable crude oil to China, according to an investigation by an Iran watchdog group released last week.

An Eye on Fraud

Melgen-Menendez scandal throws spotlight on Medicare, Medicaid fraud

The federal investigation into the relationship between Democratic donor Dr. Salomon Melgen and Sen. Bob Menendez (D., N.J.) has exposed the rampant culture of Medicare and Medicaid fraud, which by some estimates cost taxpayers as much as $98 billion in fiscal year 2011.

No Inspections

House Oversight calls on Obama to appoint inspector general to State Department
Wikimedia Commons

A bipartisan group of congressmen in the House Oversight and Government Reform Committee is calling on President Barack Obama to appoint an inspector general to the State Department, which has lacked a permanent inspector general for five years.

Both Parties Agree: Spend More to Reduce Tax Fraud

Dem Reps. Towns, Connolly use hearing to attack House GOP budget
Rep. Edolphus Towns / AP

Democrats attacked Republican efforts to trim the budget at a recent hearing despite bipartisan support for spending more money to fight tax fraud. The House Committee on Oversight and Government Reform’s Subcommittee on Government Organization held a hearing Thursday to discuss ways to fight tax fraud and identity theft.

Money on the Run

Tennessee business investment program lacks safeguards, at risk of fraud

The Tennessee comptroller has found that a Tennessee state investment program lacks safeguards, has failed to pursue money collection, and is at risk of fraud and abuse, the Chattanooga Times Free Press has reported.