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White House Halted Billions in Fraud, ABC/CBS/NBC Refuse to Report
['Geoffrey Dickens', 'Director Of Media Analysis']
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Vance announced - at a roundtable meeting - that the White House Anti-Fraud Task Force had uncovered and halted billions of taxpayer dollars being wasted on fraudulent spending.
The Vice President broke down the numbers in an op-ed for the August 5 Washington Post:“Since Inauguration Day, our administration has taken a sledgehammer to fraud.
We’ve uncovered an estimated $230 billion in fraud across Medicare, Medicaid, the Supplemental Nutrition Assistance Program, the pandemic-era loan measures such as the Paycheck Protection Program, and other federal benefits.
On an annualized basis, our internal analyses indicate that we’ve already halted $56 billion in fraudulent spending from going out the door.
And thanks to the efforts of our federal, state and local partners, we’ve secured an additional estimated $55 billion in indictments, settlements and civil penalties.”