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Report: $340 Million in Taxpayer Money Wasted on Conferences in 2012

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It turns out wasteful government spending on lavish conferences didn’t end with the GSA’s Las Vegas bash in 2010. According to a new congressional report, 894 conferences were held in 2012 costing taxpayers a whopping $340 million. Worse yet, these figures only include “big-ticket” conferences, or those with a price tag of $100,000 or more.

The numbers, released in conjunction with a hearing Wednesday on the House Oversight and Government Reform Committee, come as the federal government braces for automatic spending cuts set to hit Friday. Some lawmakers have claimed that Washington could offset the impact by...