President Trump will hold a major news conference on reciprocal tariffs at 1 pm EST on Thursday, Feb. 13, 2025. Watch LIVE on RSBN! Colonial Metals: Go to http://freegoldguide.com/rsbn or call 866 317
President Trump unveils alarming findings of fraudulent payments, highlighting the extensive waste unearthed by his Department of Government Efficiency. The implications for fiscal accountability are profound and warrant thorough examination.
www.thegatewaypundit.com
Below is a list of the numbers the President announced:
Up to $521 billion federal dollars lost to fraud per year
An estimated $236 billion or more in improper payments were made in 2023
$2.7 trillion in improper payments, including payments that went to the wrong recipient, made since 2003
$162 billion in total improper payments in 2024, including:
Earned Income Tax Credit: $15.9 billion
Food stamps: $10.5 billion
Restaurant Revitalization Fund: $8.7 billion
Supplemental Security Income: $6.5 billion
Unemployment insurance: $5.6 billion
Social Security Disability Insurance and Survivors Insurance Program: $8.3 billion, including $6.5 billion in overpayments