On Thursday, President Trump revealed more examples of fraudulent payments discovered by his Department of Government Efficiency (DOGE), headed by Elon Musk.
During a press conference after signing an executive order earlier, the President discussed his new reciprocal tariffs and recent DOGE findings.
President Trump announced his reciprocal tariffs, saying, “Whatever countries charge the United States of America, we will charge them. No more, no less.”
He added, “In almost all cases, they’re charging us vastly more than we charge them, but those days are over.”
Coupled with cutting the government’s wasteful and largely fraudulent spending, America is on track to recuperate trillions.
Below is a list of the numbers the President announced:
Up to $521 billion federal dollars lost to fraud per year An estimated $236 billion or more in improper payments were made in 2023 $2.7 trillion in improper payments, including payments that went to the wrong recipient, made since 2003 $162 billion in total improper payments in 2024, including: Earned Income Tax Credit: $15.9 billion Food stamps: $10.5 billion Restaurant Revitalization Fund: $8.7 billion Supplemental Security Income: $6.5 billion Unemployment insurance: $5.6 billion Social Security Disability Insurance and Survivors Insurance Program: $8.3 billion, including $6.5