The Waste List > Total Value of Government Waste: $57,322,568,479
Abuse of college tax credits  - $3,200,000,000

A tax credit, created in the 2009 stimulus package, that is supposed to help Americans pay for college has been abused by millions of people not attending school, including at least 250 prisoners. The scam may cost taxpayers $3.2 billion this year.


Source: Wastebook 2012, Office of Senator Tom Coburn (R-OK)