Feds Spend At Least $890,000 On Fees For Empty Accounts

Thousands of government bank accounts are sitting empty, but the tax payer is still on the hook for fees.

(From The Washington Post)

It is one of the oddest spending habits in Washington: This year, the government will spend at least $890,000 on service fees for bank accounts that are empty. At last count, Uncle Sam has 13,712 such accounts with a balance of zero.

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