Our 6 Yr Old Son Is Ready To Get His Own Digs, Courtesy Of Big Government

Move along, nothing to see here.  Just another bloated, incompetently-run, government program losing millions in taxpayer money to fraud.  From the New York Daily News:

House panel learns that a 4-year-old got the first-time homebuyer credit

Due to a loophole and some odd reporting criteria, children as young as 4 received the first-time homebuyer credit that Congress passed last year.  The credit is worth $8,000 and was created to encourage first-time buyers to purchase a home.

More than 500 people have used their children to sign up, with one parent using a 4-year old to get the credit…

These types of claims are among the myriad cases of fraud that have cost the government nearly half a billion dollars, federal investigators told Congress…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: