Feds cannot account for $30m in GSA bonuses

Reported by a CBS affiliate television station in Washington D.C., the federal government apparently cannot account for a whopping $30 million in taxpayer-paid bonuses in fiscal year 2011, proving once again that our federal government is neither prepared nor responsible enough to manage virtually any amount of money.

According to the CBS affiliate, the General Services Administration reported only 1/3rd of its actual bonus payouts and did not respond to interview requests.  They did issue a statement that indicated the GSA will look  into the matter and how the agency manages compensation – but who actually believes that?

http://www.wusa9.com/news/article/214978/158/WUSA9-Investigation-Finds-30M-GSA-Bonuses-Not-Reported

 

Steve Adcock is the founder and editor, SmallGovTimes.com and works full time as a software developer in the southwest United States. When not at the computer, Steve can be found at the local gun range or in the gym.