At the first-ever live-streamed Cabinet meeting from Camp David, Vice President JD Vance, leader of the administration’s new anti-fraud task force, announced record-breaking levels of fraud against the American people.
“We have identified $230 billion of fraud that’s being perpetrated against the American people, and we have halted $56 billion,” Vance announced at Friday morning’s Cabinet meeting led by President Donald Trump.
“The level of corruption and fraud that took place under the Biden administration was unprecedented,” Trump said following Vance’s announcement.
While Vance confirmed they identified $230 billion in fraud, he said it’s hard to get it back or track it down once it’s “out the door.” But now that it is identified, Vance said they can stop it from happening again.
“This really has required a whole administration approach to try to tackle fraud,” Vance continued. He thanked Health and Human Services Secretary Robert F. Kennedy Jr., acting Attorney General Todd Blanche, Small Business Administration Administrator Kelly Loeffler, and Secretary of Veterans Affairs Douglas Collins for their help uncovering fraud.
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“The level of corruption is incredible,” Trump continued. He cited Minnesota, California, and Maine as the states with the highest levels of corruption.
“We’re going to keep on working at it because we believe the American people deserve to have their money spent as you, the Congress, have directed,” Vance said to Trump.
In addition to the $230 billion in fraud already uncovered, Vance also announced that Trump is set to announce 17 new anti-fraud actions later Friday. Vance said these actions will total more than $300 million saved for the American people.
On Thursday, as first reported by the Daily Caller, the Department of Justice uncovered $350 million in alleged Supplemental Nutrition Assistance Program fraud across the southeastern United States. Vance thanked Assistant Attorney General Colin McDonald and the National Fraud Enforcement Division at the DOJ.
“My message to the fraudsters is this: Our team is getting bigger, our resolve is getting stronger, and your time is getting shorter,” McDonald said at the announcement.
Just last week, the Treasury Department and Secretary Scott Bessent, working with Vance, implemented new guardrails to prevent fraud. The department created a new screening system to detect federal payments being sent to dead people. Already, the system has stopped almost $100 million that had been marked to be sent to those who are deceased.
Camp David, the presidential retreat center, is one of the most private facilities in the country and is rarely, if ever, seen by the public. This was the first Camp David Cabinet meeting livestreamed to the American public, highlighting the administration’s promise of transparency.
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