$521 billion. That’s the estimate the federal government itself put forward of annual fraud levels. That’s enough money to rebuild every crumbling bridge and school in the country—all squandered due to government incompetence.
In fiscal year 2024, just 16 agencies reported improper payment estimates that totaled $162 billion—money lost to error, fraud, overpayments, or ineligible claims. That’s part of a staggering $2.8 trillion lost since 2003.
And that’s just what’s been reported. Fraud-heavy programs like Temporary Assistance for Needy Families (TANF) and housing subsidies likely push the total higher.
This isn’t a mere accounting error; it’s a heist on taxpayers, stealing cash that could’ve stayed in your wallet.
Nearly 75% of these losses come from five programs: Medicare, Medicaid, the Earned Income Tax Credit, SNAP, and the Restaurant…
