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ABC's Cuomo falsely suggests Obama is culpable for billions misspent under Bush

August 03, 2009 2:57 pm ET

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SUMMARY: On ABC's Good Morning America, Chris Cuomo falsely suggested "a new report" found that $72 billion has been misspent this year under the Obama administration. In fact, according to the Heritage Foundation study that Cuomo cited, "The federal government made at least $72 billion in improper payments in 2008," and the Government Accountability Office (GAO) similarly found that "[a]gencies reported improper payment estimates of $72 billion for fiscal year 2008" -- when President Bush was still in office.

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