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Surprise! Government Overpaid $14 Billion in Unemployment Benefits in 2011

Steve1579 Wrote: Jul 10, 2012 1:14 PM
What a surprise! Wonder how many votes that will garner for Obama in November.

 

In yet another sad tale of government incompetence, the U.S. Labor Department reported that federal and state governments combined to overpay jobless benefits by $14 billion. This $14 billion accounts for about 11% of all unemployment spending. CNN reports:

But of the overpaid funds, most end up in the hands of three types of people: Those who aren't actively searching for a job, those who were fired or quit voluntarily, and those who continue to file claims even though they've returned to work. Any of those circumstances would make a person ineligible for benefits.

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