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The Fastest Growing Component of Federal Budget: Fraud

An analysis by the Heritage Foundation finds erroneous payments by programs from Medicare to Medicaid to Food Stamps to the Covid PPP payments have grown more than 500% over the past 16 years. Improper payments grew at twice the pace of all payments meaning fraudsters are getting away with more tax dollars than ever before.

How much does this add up to? The Government Accountability Office estimates $200 billion in 2022.  Health care, food stamps, and unemployment benefits are the biggest blundering agencies.

Someone needs to tell Bernie Sanders that before he calls for new “soak the rich” taxes, how about finding the fraudsters and getting our money back?

GAO: $200 Billion in Overpayments

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