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Shocking report finds 10% of all federal spending is fraud

Treasury Secretary Scott Bessent released a shocking report this week from the Government Accountability Office, which estimates 10 percent of the annual federal budget is lost to fraud. Between $223 billion and $521 billion in federal spending was lost to fraud, waste, and abuse every year between ......

Source: The Horn News

Original URL: https://thehornnews.com/shocking-report-finds-10-of-all-federal-spending-is-fraud/