Annual Medicare Fraud: $60 Billion; Annual Profits of Top Ten Insurance Companies: $8 billion
http://www.freerepublic.com/focus/f-news/2375829/posts
Those are some very informative statistics. I remember when Obama claimed he would finance his grandiose plans in part by eliminating waste and fraud. Haven’t heard that lately. Most likely he never meant it in the first place; it was just more of his shuckin and jivin okey doke.
The alternative is that he has been advised that his voter base and many of his heavy duty donors are the beneficiaries of the waste and fraud. Can’t throttle the goose that’s laying the golden (Democrat) eggs, now can he?