- Here is Musk’s direct quote: “The waste and fraud in entitlement spending — which is most of the federal spending is entitlements — so, that’s, like, the big one to eliminate. That’s the, sort of half-trillion, maybe $6-700 billion a year.”
- FACT: The U.S. Government Accountability Office estimates taxpayers lose as much as $521 billion annually to fraud — and most of that is within entitlement programs, such as Medicare and Medicaid.
- FACT: Over the past two decades, the federal government has made an estimated $2.7 trillion in “improper payments” — the majority of which come in the form of “payments to deceased individuals or those who no longer [are] eligible for government programs.”
- FACT: The Social Security Administration made an estimated $72 billion in improper payments between 2015 and 2022.
- FACT: The Centers for Medicare & Medicaid Services estimated it made $140+ billion in improper payments in 2024 alone.
What kind of a person doesn’t support eliminating waste, fraud, and abuse in government spending that ultimately costs taxpayers more?
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