Open the Books

Nonprofit, nonpartisan government watchdog with the largest private database of government spending.
CEO: John Hart @johnhart333
RTs/Likes not endorsements.

[Open the Books @open_the_books]

NEW in @nypost: "Make the @DOGE revolution stick: Let Musk and taxpayers reveal what’s really in America’s checkbook," by our CEO, @johnhart333 https://t.co/hiwvDmewuZ cc: @elonmusk @MatthewTyrmand @NYPostOpinion

[Open the Books @open_the_books]

A young man, a standout basketball player, died after a faulty EKG administered by unqualified actors incorrectly cleared him as healthy. He died a month later. Healthcare fraud is not just a financial waste. It puts Americans' lives at risk.

[Open the Books @open_the_books]

Ghost students are draining millions in aid from hardworking taxpayers. Strengthening verification systems can help root out this fraud.

[Rep. Michelle Fischbach @RepFischbach]

The US Department of Education found that "ghost students", scammers who submit fraudulent FAFSA applications with fake identities, took over $90 million in aid last year.

This money should be going to assist real students pursuing real higher education degrees. Which is why I was proud to support HR 7892, the No Aid for Ghost Students Act.

[Open the Books @open_the_books]

PATIENT: United States Economy

SYMPTOMS:
• Rising generational resentment
• Record wealth gap by age
• Delayed homeownership

DIAGNOSIS:
Boomer Luxury Communism: Chronic transfer of resources from younger workers to older asset holders.

[Open the Books @open_the_books]

Social Security spending per beneficiary has more than doubled since 1970, even after adjusting for inflation. Overall program costs have soared. Yet the incomes of younger workers funding the system have not kept up, leaving many young Americans paying into a system they may never use.

[Open the Books @open_the_books]

As entitlement spending and debt continue to grow, younger generations face shrinking economic opportunities while shouldering the cost of supporting a wealthier generation of retirees. The result is growing intergenerational tension and an increasingly unsustainable fiscal future.

[Open the Books @open_the_books]

More on today's Waste: https://t.co/MsIlsTOAF2

[Open the Books @open_the_books]

#WasteOfTheDay: A San Francisco nonprofit serving youth victims of crime mismanaged $705,448 in DOJ grants, according to a report. Inaccurate records, blended funding sources, and weak controls made it difficult to track federal spending.

[Open the Books @open_the_books]

More on today's Waste: https://t.co/Tn0zQxF7lc

[Open the Books @open_the_books]

#WasteOfTheDay: In 2012, a Pentagon program meant to improve combat capabilities spent $1.5 million developing a chipotle-flavored beef jerky snack for troops. That's about $2.2 million in today's dollars.

[Open the Books @open_the_books]

A new audit found New Mexico's SNAP program has a 17% payment error rate—the fifth highest in the nation—putting more than $100 million a year in federal funding at risk.

https://t.co/osOpAHT42f

[Open the Books @open_the_books]

Boomer Luxury Communism (noun)

Definition: A term for an economy in which younger workers fund increasingly affluent retirements for older generations through taxes, asset inflation, and rising living costs, while wages fail to keep pace.

[Open the Books @open_the_books]

More on today's Waste: https://t.co/fufo95Vxee

[Open the Books @open_the_books]

#WasteOfTheDay: A report found millions wasted at ICE’s El Paso detention camp. $11.5M for guards, transportation, medical care, and meals before a single detainee arrived. Then another $7.1M buying meals for 5,000 detainees while the camp sat below capacity.

[Open the Books @open_the_books]

"Ghost students" using fake or stolen identities cost Utah colleges $834,000 in suspected fraudulent financial aid and 15,000+ staff hours in just one year.
https://t.co/ARNFYE2TJd

[Open the Books @open_the_books]

More on today's Waste: https://t.co/hoYgd7TaXV

[Open the Books @open_the_books]

#WasteOfTheDay: A Missouri school superintendent never worked a single day but still walked away with $249,167. The district paid him a full year's salary plus leave pay to avoid a lawsuit after accusations of disrespect and incompetence surfaced.

[Open the Books @open_the_books]

All 50 states are on notice: rein in unemployment fraud or face the consequences.

Investigations have uncovered improper payments going to prisoners, deceased individuals, and even someone listed as born in the year 2154.

[Open the Books @open_the_books]

More findings: https://t.co/ovV4DkzS2i

[Open the Books @open_the_books]

Seniors have steadily pulled ahead in wealth thanks to funding by younger people. Households aged 65–74 went from 10x the net worth of under-35 households in 1989 to 19x by 2019.

[Open the Books @open_the_books]

An El Paso school district audit found 929 interactive touchscreens worth $2.3M sitting unused and $800K in Dell servers where only 22 of 88 are operational.

https://t.co/Omx6QtEeYJ