Watchdog: Feds Wasted $683 Million Per Day in Improper Payments in 2022

The federal government wasted over a half a trillion dollars in improper payments during the first two years of the Biden administration, a new analysis from a spending watchdog group found.

The analysis comes from Open The Books, which reports that 82 programs across 17 agencies made improper payments in fiscal year 2022 alone, averaging $20.5 billion per month, or $683 million per day.

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NIH, Agency Scientists Received Estimated $350 Million in Royalty Payments over Last Decade: Report

The National Institutes of Health and its scientists received an estimated $350 million in royalties from third-party payers between 2010 and 2020, according to an investigation by government transparency watchdog Open the Books.

The third-party payers are, according to the report, mostly pharmaceutical companies that credit NIH scientists as coinventors on various patents.

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