You know the money which the President provided from his stash so we could spend our way out of this recession? Turns out that a bunch of folks shouldn’t have gotten it (under the rules established):
More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama’s tax break that was designed to help consumers spend the U.S. economy out of recession.
Individuals with more than one job and married couples in which both spouses work may have to repay the government $400, either through a smaller tax refund or a larger tax bill, according to a report released Monday by the Treasury Department’s inspector general for tax administration. Social Security recipients who also earn taxable wages may have to repay $250.
That’s a lot of government mistakes–and that’s only with one tiny little piece of the stimulus package.
Go read the whole article. Then consider just how efficient government really is and how government bureaucrats know better than any of us in the private sector how to reduce fraud, waste and abuse.