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Millions of dollars blown on government credit cards
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The associated press reports:

"The review of card spending at more than a dozen departments from 2005 to 2006 found that nearly 41 percent of roughly $14 billion in credit-card purchases, whether legitimate or questionable, did not follow procedure - either because they were not properly authorized or they had not been signed for by an independent third party as called for in federal rules to deter fraud.

For purchases over $2,500, nearly half - or 48 percent - were unauthorized or improperly received.

Out of a sample of purchases totaling $2.7 million, the government could not account for hundreds of laptop computers, iPods and digital cameras worth more than $1.8 million. In one case, the U.S. Army could not say what happened to computer items making up 16 server configurations, each of which cost nearly $100,000."

Just another way that the suits in Washington can make us bend over a little more.

http://www.cbsnews.com/stories/2008/04/08/national/main4002681.shtml - Full CBS Report

http://www.gao.gov/docsearch/abstract.php?rptno=GAO-08-333 - Government Accountability Office Summary

http://www.gao.gov/new.items/d08333.pdf - Government Accountability Office Full Report
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Submitted by: Eddie
Posted: 132 days ago
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