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President Trump promised to shut down the retirement cave, a promise highlighted with Elon Musk in the Oval Office, exposing the federal retirement system's antiquated processes. The media's silence revealed their ignorance of this issue. We're shining a light on government corruption, waste, fraud, and abuse, delivering on what 77 million Americans voted for. We are directing departments to cancel contracts not aligned with the "America First" agenda, scrutinizing every line to ensure they advance American interests. The majority of these contracts are a waste of taxpayer money. We are treating the government like a business, unlike past unnamed bureaucrats who freely wrote checks. The receipts are there, like the $2.5 million for cow flatulence reduction. We are discovering and exposing the misuse of American taxpayer funds. We have nothing to hide and will continue to reveal these issues at every briefing.

We found that the government was essentially sending untraceable blank checks. If a public company did this, they'd be delisted and executives would go to prison, but it's normal in the government. We recommended to the Treasury and Federal Reserve that payment categorization codes be mandatory, not optional, and that every payment need some explanation, even if we don't judge the quality of it. This is a radical change that's now being implemented. I'm guessing it probably saves about $100 billion a year. Where was that money going? It's hard to say if it was waste or fraud. Many payments were just approved and kept going even after the approving officer changed jobs, retired, or died. It's like forgetting to cancel a gym membership, but instead of $20 a month, it's $20 billion a year.

We're keeping our promises. President Trump is the first in a long time to actually deliver. Democrats and the media are losing it over our commitment to eliminate waste, fraud, and abuse in the federal bureaucracy. I want to set the record straight. President Trump has directed Elon Musk and the Doge team to investigate fraud at the Social Security Administration. We suspect millions in fraudulent payments are going to deceased individuals. Our goals are to identify and end duplicate payments, stop payments to the deceased, and protect the system for hardworking Americans who have paid into it. If you've paid in honestly, you'll continue to receive your checks. Don't believe the fake news trying to scare you. We're protecting your hard-earned money.

The Doge team is following the money to make real changes. New York is prioritizing illegal aliens over American citizens, but that stops today. Our committee will focus on bringing full transparency to waste, fraud, and abuse within the federal government, and present plans to fix these problems. We will fight the war on waste with President Trump, Elon Musk, and the Doge team. This week, we're focusing on improper payments by the federal government, including in Medicaid and Medicare. Elon Musk is showing the country the fraud, waste, and abuse that has been going on for decades, and Americans are cheering. Reciprocal tariffs will make America great again.

As governor, I saw firsthand government waste, but what Elon is finding is stunning. One agency had 13,000 employees but 37,000 software licenses, many unused. With millions of federal employees and credit cards, the opportunities for fraud are immense. Shockingly, there are millions of dead people still in the Social Security system. We need to address the low-hanging fruit. Keep good employees but eliminate unnecessary positions. I was in a meeting where it was revealed there are more government credit cards than employees, and the number of people on Social Security rolls is incredible. Checks go out automatically, and nobody is checking. Contract officers retire, but the money keeps flowing. Even diligent companies struggle to stop improper payments. Agencies like USAID don't track appropriations. Basic changes are needed to ensure taxpayer dollars are spent wisely.

The speaker announces anticipated savings of $150 billion in FY 2026 by reducing waste and fraud, citing examples such as people fraudulently receiving unemployment insurance. The speaker suggests waste and fraud are easily found within the government. The speaker believes these savings will result in better services for the American people and ensure tax dollars are spent sensibly. Speaker 0 praises the team's skills in identifying previously unnoticed issues and their computer proficiency, expressing a desire to retain them long-term. Speaker 1 mentions working with Howard on the "Trump gold card operation."

There's massive fraud in this country, including foreign nationals using fake social security numbers and identities to steal billions in taxpayer benefits. By clamping down on this fraud in our tax and entitlement systems, we could save over a trillion dollars. Doge are subordinate staffers of the federal government and political appointees that serve and answer to the president. They will analyze and assess for signs and symptoms of fraud and how IT systems are failing to detect it. We need to protect the integrity of these systems that Americans rely on. We are restoring neutrality, ethics, and accountability to the IRS to identify large-scale fraud, unfair politicization, and unfair targeting. We want to ensure confidence in the IRS and that no dollars are being stolen from the American people.

I'm nearly convinced that our entire national debt of $36 trillion is due to fraud, abuse, and waste. A staggering $2.7 trillion was improperly sent overseas as Medicare and Medicaid payments. How is this even possible? Is there any part of our government that isn't defrauding the American people? We've barely scratched the surface of this audit, and it already seems the answer is no. It feels like every branch of government has been robbing Americans blind while we struggle to make ends meet. People are still freezing. I want to see arrests, and I want the names of those responsible revealed.

I discovered that 20 million dead people are marked as alive in the social security database. Most fraud doesn't come directly from social security payments, but from disability, unemployment, and fake medical payments because these individuals are incorrectly marked as alive. We need to implement a simple "are you alive" check to prevent these fraudulent payments. This type of negligence would result in a public company being immediately delisted, and its executives imprisoned, but it's considered normal within the government. Therefore, I recommend that the Treasury and Federal Reserve make payment categorization codes mandatory, requiring an explanation for each payment, even if it's basic. This change would significantly improve the current system and potentially save hundreds of billions of dollars annually.

A basic search of the Social Security database revealed 20 million dead people marked as alive. While it's unclear if they're directly receiving Social Security payments, their "alive" status allows them to fraudulently obtain disability, unemployment, and fake medical payments. The fraud occurs because government databases don't communicate well. For example, the Treasury's main payments computer, PAM, handles $5 trillion in payments annually, roughly a billion dollars an hour. We discovered payments lacked categorization codes and descriptions, essentially untraceable blank checks. If a public company operated this way, it would be delisted, and executives would face imprisonment.

The speaker reports that $4.4 billion in unused COVID funds were identified, with $1.4 billion already returned to the U.S. Treasury. The Department of Labor exposed unemployment insurance fraud since 2020, with over $400 million in payments already disbursed fraudulently. Specifically, almost 25,000 people over 115 years old collected $59 million. 28,000 people between one and five years old received $254 million in fraudulent payments. $69 million went to 10,000 people not yet born, including one case where $41,000 was sent to someone who will be born 129 years in the future. The speaker says they are honored to return these dollars to the U.S. Treasury.

The US Treasury Department has been flagged for potential waste and abuse of taxpayer funds, with about 23% of entitlements, roughly $50 billion annually, going to recipients without known Social Security numbers or IDs. This equates to about a billion dollars a week in potential fraud. Adding to the concern, the Treasury Department hasn't been keeping itemized records of their payouts, making it impossible to track where the money is actually going. Fortunately, an agreement has been made where the Treasury Department will start itemizing all payments, detailing where the money is going and to whom. It's unbelievable that the Treasury hasn't had to provide accountability for where taxpayer money is being spent, especially when individual taxpayers are held to a much higher standard.

For over a decade, I’ve been exposing egregious Washington waste with my monthly SQUEAL awards. Some examples are too outrageous to believe. I’m talking about bureaucrats approving PPP loans for applicants who used pictures of dolls for IDs. Imagine giving Barbie or Ken a taxpayer funded loan. Not only that, but they also believe folks claiming to be over 115 years old were alive and well enough to be approved for 3,095 PPP and idle loans worth $333,000,000 including $36,000 to a 157 year old. That’s pure hogwash. But this is only the tip of the iceberg. Instead of boosting Main Street, millions of your tax dollars were wasted through USAID to fund Iraqi Sesame Street. And this one is unacceptable. Improper payments or the government tossing cash into the wrong trough have become commonplace. In fiscal year twenty twenty four, federal agencies shoveled out $162,000,000,000 in improper payments. The most frustrating part is how simple it is to stop this waste. A report by the Pandemic Response Accountability Committee found that $79,000,000,000 in potential COVID fraud could have been prevented if four basic questions were asked. One, is the applicant's social security number valid? Two, if valid, does the name connected to that number match the name on the application? Three, does the birthday match? And lastly, is the individual alive? Seriously, folks, that could have saved $79,000,000,000 right there. The good news is that we can prevent nearly all improper payments in the future with my Doge in Spending Act that enacts common sense guardrails like those four simple questions.

Transnational fraud rings, terrorist organizations, and even nation-states are being funded with taxpayer dollars. During the pandemic, one trillion dollars was stolen, with 70% going overseas. For example, one state had more unemployment claims than adults. Romanian criminals used stolen funds for fentanyl and to undermine our democracy. While most public servants are honest, some exploit the system. In one recent case, individuals stole $50 million from Medicaid in under four months. These aren't individual thefts, but organized criminal groups, both domestic and transnational, that we need data and technology to stop.

Chairman Marcia Taylor Green's subcommittee discovered $2.7 trillion in improper payments to Medicare, Medicaid, and overseas recipients. These payments went to individuals who should not have received them. Doge is identifying fraud, waste, and abuse daily. Elon Musk mentioned Social Security payments being sent to deceased individuals. There are also contracts where, for example, a million dollars was allocated, but only $500,000 was disbursed, raising questions about the missing funds. Doge is actively addressing these issues. President Trump campaigned on this and is delivering on that promise.

Since 2012, the government has wasted nearly $3 trillion in taxpayer money. Last year alone, improper payments totaled $247 billion. This includes payments to deceased individuals; over $530 million in pension payments went to dead people. Medicare improperly paid out $47 billion, and Medicaid, $81 billion. Fraudulent payments under the Biden administration reached $764 billion in just three years. These improper payments add up to $2.8 trillion – enough to cover five years of US foreign aid. This amounts to $850 per person in the country.

Tomorrow, I will hold a news conference to reveal the names of entities receiving hundreds of millions, even billions, of dollars. If you believe these entities deserve the funding, you shouldn't be a reporter. Billions are being wasted illegally, and I believe kickbacks are involved. When someone gets millions for a mere fifteen-minute assessment, that money is coming back somehow. This corruption significantly harms our country through massive expenditures. I reviewed 200 expenditures and found only three reasonable. We'll discuss this further tomorrow. I commend Elon Musk; despite daily abuse, he has uncovered more than anyone else. His team of geniuses, starting with 12 and now almost a hundred, is helping expose massive fraud.

There's tremendous fraud and abuse happening, and I'm holding a news conference tomorrow to reveal some of the entities that have received hundreds of millions, even billions of dollars. It's hard to believe this kind of fraud can occur. When you see billions being wasted illegally, there's likely kickbacks or corruption involved. Millions are given for minimal effort, and that money comes back in some form. They're spending massive amounts of money on ridiculous items. Out of 200 expenditures I reviewed, only three seemed reasonable. I commend Elon for his work in uncovering this fraud. He doesn't need to do this, especially with the abuse he faces. He and his team, which started with 12 people and has now grown to almost a hundred, have found more than anyone else could. People are joining to help because there's massive fraud.

This Wednesday, the DOGE subcommittee on oversight, working with the Department of Justice, will hold its first hearing. We'll be investigating improper Medicare payments made to deceased individuals and criminals internationally. Eliminating this fraud could save hundreds of billions of taxpayer dollars. This isn't a partisan issue; it's about saving American money. While this is work that should have been done long ago, I'm hopeful Republicans and Democrats can come together to address this problem. We’ll see how it goes.

My team at the Department of Government Efficiency (DOGE) uncovered $100 billion in wasted Medicare and Medicaid funds. Working with two senior CMS veterans, we had read-only access to their payment and contracting systems. Our mission was to find ways to use resources more effectively, but we discovered massive waste and potential fraud. CMS processes over a billion Medicare claims annually and manages billions in Medicaid funds. They recently suspended 850 agents for suspected fraud. The Department of Justice has also been prosecuting healthcare fraud cases, with billions of dollars in losses. This discovery highlights a massive scandal, potentially the biggest in US history, and is prompting calls for similar transparency initiatives in other countries. We need major reform, absolute transparency over tax spending, and human oversight to ensure this doesn't happen again.

The speaker outlines several policy and oversight actions within HUD and related agencies. First, they assert that non-permanent residents are no longer eligible for FHA insured mortgages, and that public housing authorities are being audited to ensure taxpayer dollars do not support illegal aliens, insisting that “American dollars should benefit American citizens and American citizens only.” Despite these emphasis on restricting benefits, the speaker notes that HUD previously provided a pathway for home ownership and supported housing affordability for more than 1,000,000 Americans through FHA and Ginnie Mae, highlighting the agency’s impact in expanding access to housing and affordability. On stewardship and accountability, the speaker emphasizes a strong focus on cracking down on waste and fraud and abuse. They cite findings from the office of the chief financial officer (CFO) regarding potential financial issues: more than $5,000,000,000 in potential payment errors and over $50,000,000,000 in total rental assistance for fiscal year 2024. They also point to a specific problem within that broader amount: money that went to nearly 30,000 dead people. The speaker characterizes these financial findings as ludicrous and unacceptable, stating that such issues are a violation of the sacred trust with American taxpayers. They assert that the problem “has to end, and it will,” signaling a firm commitment to ending waste, fraud, and abuse and to restoring confidence in the management of housing programs and related federal dollars.

We're uncovering massive fraud, waste, and abuse daily. Recently, it was discovered that there were $2.7 trillion in improper payments to Medicare, Medicaid, and overseas. Social Security payments are even going to deceased individuals. We're also seeing contracts where the full amount wasn't delivered. For example, a million-dollar contract might only see $500,000 distributed, and we're working to find where the rest of the money went. This is exactly what I campaigned on, and what 77 million people elected me to do.

A lot of Americans' money has been stolen through fraud and improper payments. In one of my first hearings, we discovered criminals using social security numbers of dead people or people over 115 years old to get small business loans and steal money from federal programs. We need to work to fix these issues in our legislation, budgets, and appropriations. This is a bipartisan issue; we're addressing money being fraudulently used and stolen. The American people are being robbed blind through improper payments, fraud, and outdated systems. Some federal agencies hire third-party vendors to hold data instead of communicating within the government. We are currently $36 trillion in debt, and we can't afford to keep losing money this way.

I know people who worked in the Reagan administration. When they asked the bureaucracy questions, they were often blocked and deterred because they weren't technical. Elon Musk's team bypassed this by directly accessing the tech systems. No president has ever done this. They found crazy things like payments to people with duplicate or no social security numbers, totaling up to a hundred billion dollars. Payments were also going to organizations like Internews Network, which promotes a left-leaning point of view, and to protesters worldwide. My team is being transparent about it. We went to the data, we found it. We've only been at this for twenty days, so give us a chance. We're already releasing a lot of information. People are trying to slow us down, but the biggest question is whether we can stop their grift.

Working with our team, we've identified $260 million in savings on contracts alone. Under President Trump's leadership, we're committed to eliminating fraud, abuse, and streamlining processes. I'm pleased to announce these significant savings and our ongoing efforts to be responsible stewards of taxpayer dollars. We anticipate finding even more savings in the future.