Comment by genericresponse

Can you provide a basis in fact for the argument about a large portion of government spending? I'm asking because I think the argument is specious.

First- 49% of national spending goes to Social Security, Medicare and interest payments. The first is a direct payment, the second is very heavily regulated and has a bounty program for fraud waste and abuse, and the third is paid directly to bondholders.

Second- I'm almost certain that most, if not all, government contracts have auditing rights included. So we could audit them if we want, in fact almost every government agency has an inspector general to do just that.