Passive Residual Income from USDA

As I was listening to the news this morning, I heard an interesting story about earning passive residual income from the government.  This isn’t a get rich quick scheme.  In fact, it is a true story about how the US Department of Agriculture sent $1.1 billion in farm subsidies to 170,000 deceased farmers over a seven year period.

This error was discovered  by the Government Accountability Office auditors.  Furthermore, the GAO auditors said the USDA had not been conducting the necessary checks to ensure that subsidy payments were proper.

I wouldn’t exactly jump into the agriculture business for this reason alone.  The Senate Agriculture Committee is looking at ways to tighten up the requirements and regulate the payments in lieu of these findings.

Read more about this article as originally reported by “The Washington Post”.