{"id":21258,"date":"2002-05-28T01:01:01","date_gmt":"2011-05-19T07:30:07","guid":{"rendered":""},"modified":"2011-05-19T07:30:07","modified_gmt":"2011-05-19T07:30:07","slug":"feds_misplace_17_3_bil_of_our_money","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2002\/05\/28\/feds_misplace_17_3_bil_of_our_money\/","title":{"rendered":"Feds Misplace $17.3 Bil of Our Money"},"content":{"rendered":"
\n

There was a fascinating story by John Crudele in the New York Post<\/emphasize> on Tuesday that really put the tax cut in perspective. “Washington complains about deceptive corporate accounting. But the government last year misplaced an incredible $17.3 billion because of shoddy bookkeeping or worse. Let me put that into numbers so you can fully appreciate the amount. It\u2019s $17,300,000,000 – the price of a few dozen urban renewal projects, a nice size fleet of warships or about half the tax cut that everyone made such a fuss about last summer. Disappeared. Gone. Nowhere to be found.”<\/line>So the Democrats want everyone to believe that the tax cut caused the recession – which it didn\u2019t – and caused all kinds of calamity out there with social programs and Social Security and Medicare. But now we come to find out that the government can\u2019t account for $17.3 billion. It\u2019s such an insignificant amount of money compared to the whole U.S. budget of two trillion, but it\u2019s significant as far as the tax cut goes. In fact, it\u2019s half the amount of the tax cut! <\/line> <\/line>Here\u2019s Washington, these holier-than-thou members of Congress, complaining about accounting practices in the private sector and how, “We have to do something!” And in certain circumstances they\u2019re right. But it\u2019s sort of like, “Hey, get your own house in order before you start telling other people how to do it right.” <\/line>If they were investigating Enron, they\u2019d be calling people up, demanding they testify about what happened to the people\u2019s money and whose back pocket it went into. They\u2019d be looking for all kinds of corruption and crime. But when they, our great and loyal members of Congress, can\u2019t come up with $17.3 billion because it\u2019s just lost it? “Eh, cost of doing business.” It\u2019s just amazing.<\/line><\/p>\n

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There was a fascinating story by John Crudele in the New York Post on Tuesday that really put the tax cut in perspective. “Washington complains about deceptive corporate accounting. But the government last year misplaced an incredible $17.3 billion because of shoddy bookkeeping or worse. Let me put that into numbers so you can fully […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nFeds Misplace $17.3 Bil of Our Money - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2002\/05\/28\/feds_misplace_17_3_bil_of_our_money\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Feds Misplace $17.3 Bil of Our Money - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"There was a fascinating story by John Crudele in the New York Post on Tuesday that really put the tax cut in perspective. “Washington complains about deceptive corporate accounting. 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