The government paid out $124.7 billion in potentially bogus payments last year, the government’s chief watchdog said Monday, blaming a controversial tax credit for the poor as well as increased bad payments in Medicare and Medicaid.
One major problem is tracking when Americans die — the Social Security Administration admitted last week that its rolls are filled with names of more than 6 million folks who are listed as 112 years of age or older.
The Government Accountability Office said Social Security has trouble maintaining the Death Master File, and other agencies have difficulties in getting the information to update their own files and halt payments to those no longer alive to collect benefits.
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