There is much to criticize in the President's budget plan, not the least of which is its freewheeling, trillion dollar deficits. But amidst the fiscal carnage, there are a few worthy nuggets, including the proposal to drastically cut federal subsidies for the arts and humanities.
The federal government makes billions of dollars in payments each year to individuals, businesses and organizations. But as we all know, not all of those payments are legitimate. Fraud, waste, and old-fashioned incompetence mean that huge sums are paid out in error. How much? According to the Manhattan Institute, enough to put a nice dent in the yearly deficit: