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Government sitting on billions of unspent money?

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  • Description

    Inside look at federal waste

  • Duration 3:25
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This transcript is automatically generated

There is little doubt emotions are afraid at both ends of the sequester spectrum.

Here's Democrat Mary Landrieu of Louisiana today on the senate floor.

For some reason.

We have half this -- -- -- this chamber.

That only wants to work on one side of the equation it's only about cuts.

Cuts and more cuts even though they are senseless they are dangerous we have been reducing spending.

We have set targets of spending and lower than what would've normally been sent beat this -- because we are.

Tightening our belts.

Tightening their belts so is that true is the congressional waist line getting tremor.

Where's there's still a lot of fat to be sliced off -- national correspondent Jim Angle says some lawmakers.

Have found planning.

Lawmakers say the government is sitting on 45 billion dollars in unspent money more than half the total sequester which could be used to -- any short.

-- -- pots of money sitting in different departments across the federal government.

That they have been -- authorized over either a number of months or a number of U.

-- fresh legislation would authorize that money to be used elsewhere Republican senator Tom Coburn has identified several ways for programs at the Pentagon he'd set aside here including a video called drill sergeant.

Showing their favorite recipes and six billion unquestionable research including what lessons about democracy in decision making could be learned from fish.

Senator Coburn and others also -- to what he calls duplication nation dozens of programs intended for the same purpose.

They're over a hundred different programs.

Focused on.

Science and technology engineering.

And -- there are 47 job training programs according to GAO.

Only five of which have had an impact study since 2004 less than half of which have had a performance review.

Nevertheless one Democrat mocked those who -- Washington should cut back the way families do.

-- -- just like 2% just like American families American families don't run prisons.

They don't build their own roads.

Again about Plano argues the -- threatens Homeland Security chef says the department has nine billion dollars in unspent -- -- bonds.

Critics also point to 90000 dollars spent to upgrade security at a spring training site in Arizona for pro baseball team General Services Administration which runs federal properties one notoriety wondered official -- -- a lavish government paid trip to Vegas.

A stark contrast to some buildings in GSA's inventory even near Washington hearing noted today many go unused there over 500 buildings here and over 200 of them are vacant or underutilized in 2010 -- Obama sit GSA had some fifteen billion dollars in property that should be sold by 24 -- Only a portion has been and officials questioned the value of even though news.

And some lawmakers hope all the hype over the sequester wolf finally forced a closer look at wasteful federal spending.

Brett Jim this is what makes people sick about Washington drives him crazy waste fraud and abuse are three words we hear all the time and then.

The battle over sequestered and as a program to help people bouncer checkbooks federal -- -- been very good job -- sign up themselves distraction thank you.

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