Author Topic: ‘Obamaphone’ program stashes $9 billion in private bank accounts  (Read 416 times)

0 Members and 1 Guest are viewing this topic.

rangerrebew

  • Guest
‘Obamaphone’ program stashes $9 billion in private bank accounts
 
By Stephen Dinan - The Washington Times - Thursday, June 29, 2017

The controversial “Obamaphone” program, which pays for cellphones for the poor, is rife with fraud, according to a new government report released Thursday that found more than a third of enrollees may not even be qualified.

Known officially as the Lifeline Program, the phone giveaway became a symbol of government waste in the previous administration. Now a new report from the Government Accountability Office bears out those concerns.

The report, requested by Sen. Claire McCaskill, Missouri Democrat, also says the program has stashed some $9 billion in assets in private bank accounts rather than with the federal treasury, further increasing risks and depriving taxpayers of the full benefit of that money.

http://www.washingtontimes.com/news/2017/jun/29/obamaphone-program-riddled-fraud-audit/
« Last Edit: June 30, 2017, 11:58:37 am by rangerrebew »

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 18,750
Re: ‘Obamaphone’ program stashes $9 billion in private bank accounts
« Reply #1 on: June 30, 2017, 12:59:04 pm »
Stop it.  Immediately.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington