VP Biden To Deliver Report On Cutting Waste And Fraud Abuse

Federal agency heads trudged to the White House in a confessional of cost-savings, telling Vice President Joe Biden the progress they've made carrying out an executive order to cut waste, fraud and abuse. Biden will issue a report detailing the savings, but administration officials gave out a few clues yesterday. The Centers for Medicare and Medicaid Services will require state governments to use recovery audits to bring back $2.1 billion in improper Medicaid payments. The Labor Department has handed out $191 million in grants to help states cut unemployment benefits fraud. Homeland Security estimates it saved $1 billion dollars over two years, in part by holding meetings in its own offices instead of renting private venues.