Treasury Secretary Scott Bessent reveals up to 10% of US budget stolen each year | New York Post

Treasury Secretary Scott Bessent reveals up to 10% of US budget stolen each year | New York Post - Ryan King

WASHINGTON — Hundreds of billions of taxpayer dollars are being squandered on waste, fraud, and abuse each year, Treasury Secretary Scott Bessent shockingly claimed in a recent interview...

• “If we need to flex up our military budget, if we can get rid of this waste, fraud, and abuse, we can finance a safer, sounder US with that, without taking on more debt. 

Sounds like a pretty good outcome to me.”
A GAO analysis found that between $233 billion and $521 billion was lost annually due to fraud during fiscal years 2018 through 2022...