Coburn Details $18B in Wasted Federal Funds in 2012

October 16, 2012

Sen. Tom Coburn, R-Okla., on Monday released his annual Wastebook report, identifying more than $18 billion in federal costs he said were wasteful this year.

“Washington priorities are backwards,” Coburn said in the introduction to his report, titled “Wastebook 2012.” “This is why important programs go bankrupt while outdated and outlandish projects continue to be funded.”

Coburn reserved some of his harshest remarks for his colleagues in Congress, which he said wasted $132 million this year by not tackling much of anything.

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