Tuesday, June 14, 2005

I've Got Great News! I Just Saved a Bundle on Car Insurance. Now, You Taxpayers and Your Workers Comp -- Hey, You're Screwed.

The Pentagon just discovered it's been paying too much for insurance: Something like 10 times as much as other federal agencies pay for workers' comp. The hitch cost taxpayers $5.5 billion, and still left them exposed -- possibly stuck with huge, uncovered claims. (USAToday)

1 comment:

Gindy said...

How did they mysteriously just discover it? Someone needs to do an independant audit of what our government spends it's money on. It would cost a lot to have a private firm do it, but it would probably be worth it.