Government
Jul. 26, 2012
Failure to collect fines flies under the radar
Agencies get more public relations value by announcing big fines than they do by following through and collecting them. By Martin Pritikin of Whittier Law School
One can hardly avoid the near-daily headlines about the budget deficits plaguing the federal, state, and local governments, and the options - tax hikes, slashing social services, laying off or furloughing employees - being considered to deal with them.
But few are aware that tens of billions of dollars in civil, criminal and administrative fines and penalties owed to governments never get collected. Oftentimes, the government n...
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