We are throwing good money after bad here, as the The Washington Times reports:
Roughly 6.5 million people with active Social Security numbers are age 112 and older, according to an audit by the Social Security Administration’s inspector general.
The March 4 audit concluded that the administration “did not have controls in place to annotate death information” on the main electronic file…
The inspector general said the questionable identification numbers put the government at risk of fraud and waste. Some of the numbers assigned to long-dead people were used fraudulently to open bank accounts, and thousands of numbers were apparently used by illegal immigrants to apply for work, CNS News reported.
For all of its many shortcomings, the IRS does a darn good job of tracking who’s alive and who’s dead. Maybe it should send an intern over to the SSA to teach ’em how to cross out a name and number with a red pen.
Until then, we’ll continue to lose money to people receiving benefits fraudulently and waste money tracking and prosecuting preventable identity-theft crimes. This is just one more example of why people protect their own money far better than any government agency ever will. After all, we all own red pens.