Nixon reports: " Government audits and court records show hundreds - TopicsExpress



          

Nixon reports: " Government audits and court records show hundreds of millions of dollars in losses due to fraud in a variety of farm programs, including crop insurance and subsidies that help agribusinesses promote their products abroad. The rate of food stamp fraud, on the other hand, has declined sharply in recent years, federal data shows, and now accounts for .01 percent of the $75 billion program, or about $750 million a year." “There is the overemphasis on abuses in the food stamp program, which is bigger and more spread out among the population,” said Joshua Sewell, a senior policy analyst with Taxpayers for Common Sense, a budget watchdog group in Washington. “In contrast the crop insurance program is much more concentrated. It’s not as much money over all, but on a per person basis it’s a much bigger program and ripe for fraud.”
Posted on: Tue, 18 Jun 2013 16:04:44 +0000

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