- The internal watchdog of the U.S. Department of Housing and Urban Development is launching an investigation of a Chicago Housing Authority program that pays market-rate rents for poor people to live in some of the city's most expensive apartment buildings.
HUD Inspector General David Montoya is conducting an audit of the CHA's use of federally funded housing vouchers to subsidize low-income residents in high-end buildings, according to a Capitol Hill source. Critics of the so-called supervoucher program say it's a waste of tax dollars and rewards a few lucky tenants at the expense of more than 15,000 people on the CHA's voucher waiting list.
U.S. Rep. Aaron Schock, R-Ill., requested that the inspector general open a probe last week, after Crain's published a report about the voucher program, saying he was concerned that it created “ripe opportunities for waste, fraud and abuse of taxpayer money.”
This is just the tip of a very large iceberg. Government is notoriously wasteful and inefficient. The Pentagon is always among the offenders, but that's because the left/media/democrats hate them. The Defense budgets are dwarfed by social program spending and the resultant waste/corruption is larger by magnitudes. That $7 trillion Obama added to the deficit isn't being spent at the Pentagon.