All Posts Tagged With: "Collected"

As many as 5,000 Katrina victims may have received tens of thousands of dollar more than they were entitled to due to what appears to be incompetence of a private contractor charged with dispensing taxpayer monies to them. The average amount of overpayment is estimated to be approximately $35,000, but in some cases may be as high as $100,000 to $150,000. In the rush to pay residents the $11 billion program almost inevitably ran afoul. Now the government wants those over-payments back amid cries, moaning and more than a little political posturing.

Some of the recipients have spent the funds on extravagance and collecting the misappropriated taxpayer money will be fraught with charges of mistreatment and unfairness. This is a boondoggle of epic proportions and it is likely that the U. S. taxpayer will be the ultimate victims once more as “victims” enjoy exotic vacations and Cadillacs paid for by the real victims.