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The Treasury's main payment system, PAM, handles about $5 trillion a year, roughly a billion dollars an hour. When we first looked at it, payments could be processed with no categorization or description – basically, untraceable blank checks. If this were a public company, it would be delisted, and the executives would be in jail. We recommended making payment categorization codes mandatory with some explanation required for each payment. This radical change is being implemented now, and I think it probably saves $100 billion a year. Where was that money going? It's hard to say what was waste and what was fraud. If the government sends money to someone who doesn't deserve it, is that waste, or fraud?

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.

Speaker 0 introduces a campaign to cut government waste, specifying that deficit reduction requires cutting billions from valued programs, but eliminating pointless waste should be easy. Speaker 1 claims there has been a tremendous amount of waste and fraud in the government during the Biden administration, estimating federal government fraud at half a trillion dollars. The goal is to reduce this figure, saving taxpayer money by stopping spending on things that very few taxpayers would agree makes sense, such as transgender animal surgeries. Speaker 1 also questions why twenty million people who are definitely dead are mocked as alive in the Social Security database.

We've discovered $2.7 trillion in improper payments to Medicare, Medicaid, and overseas recipients who shouldn't have received them. This is just one example of the fraud, waste, and abuse we're identifying daily. Elon Musk highlighted Social Security payments being made to deceased individuals, which is clearly fraudulent. We're also finding contracts where, for instance, a million dollars was allocated, but only $500,000 was actually spent. Where did the remaining funds go? These are the issues we're addressing daily. This is exactly what President Trump promised to do during his campaign, and we are delivering on that promise.

The government has failed to address the high cost of living while attempting to misappropriate taxpayer money. This issue at the Treasury Department highlights the need for action. We will soon introduce the Stop the Steal Act to safeguard the Department of Treasury's payment system from those trying to unlawfully access personal and confidential information.

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.

In February, we asked all the states for the first time to turn over their data to the federal government to let the USDA partner with them to root out fraud, to ensure those who really need food stamps are getting them, and to protect the American taxpayer. 21 states said yes, not surprise 29 states said yes, not surprisingly, the red states, and that's where all of that data, that fraud comes from. But 21 states, including California, New York, and Minnesota, the blue states, continue to say no. So as of next week, we have begun to stop moving federal funds into those states until they comply, and they tell us and allow us to partner with them to root out this fraud and protect the American taxpayer. As Joe Biden was working to buy an election a year ago, he increased food stamp program funding by 40%. Yeah. So now as we continue to roll that back.

The government has failed to address the high cost of living while attempting to misappropriate taxpayer money. The situation at the Treasury Department highlights this issue. To combat unlawful access to the Treasury's payment system and protect personal and confidential information, we will soon introduce the Stop the Steal Act.

The speaker introduces a campaign to cut government waste, stating that deficit reduction requires difficult choices, including cuts to valued programs. They claim there has been a tremendous amount of waste and fraud in the government during the Biden administration, estimating federal government fraud at half a trillion dollars. The goal is to reduce this figure, saving taxpayer money by stopping spending on things that very few taxpayers would agree makes sense. Examples cited include transgender animal surgeries and the presence of twenty million dead people in the Social Security database.

During the pandemic, $1.4 billion in checks were sent to dead people. When someone dies, the state sends their name to the Social Security Administration, which updates the death master file. When I asked Social Security who they share this list with, they said nobody due to a lack of statutory authority, not even the Treasury Department. Senator Carper and I passed a bill to address this, requiring Social Security to share the list with the rest of the government. Believe it or not, we faced opposition and had to agree to a three-year trial period. This trial saved a lot of money. Now that the trial period is ending, I have another bill with Gary Peters to make the sharing of the death master file permanent.

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.

A person can request to edit a death certificate to include conditions that contributed to the death. According to the speaker, a program introduced by AOC and Chuck Schumer will have FEMA pay $9,000 for every COVID death, using taxpayer money. The speaker claims this is a bribe to inflate COVID death counts, and that AOC and the Democrats are inventing ways to give away taxpayer money and increase debt.

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.

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.

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.

In the discussion, it was noted that the red states provided their data to help determine what the landscape looks like. The results highlighted several issues: 200,000 dead people or people using dead people's Social Security numbers were identified, and half a million individuals were found to be receiving more than twice what they should be getting in benefits. Additionally, there was a case of one person receiving benefits in five states. The speaker emphasized that these findings come from the red states. The speaker then contrasted this with the blue states, explaining that the blue states sued, and that there is active litigation because they do not want California and New York to turn their data over in order to help root out fraud. This contrast underscores the ongoing friction between states over sharing data to combat misuse. A specific point was also made about Minnesota, described as remarkable in the context of the broader discussion and investigations. Given these circumstances, the speaker stated that they are in court and will work really hard to ensure they are protecting the American taxpayer and the people who actually need these programs. The overarching aim conveyed is to root out fraud within the programs by leveraging data from states, despite legal challenges and opposition from some states.

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.

We've identified shocking incompetence and probable fraud in the Social Security program. Government databases list millions of Social Security members at impossible ages: 4.7 million from 100-109 years old, 3.6 million from 110-119 years old, 3.47 million from 120-129, 3.9 million from 130-139, and 3.5 million from 140-149. Money is being paid out to many of these individuals because the payments continue without proper oversight. This hurts Social Security and our country. The databases even list 1.3 million people from 150-159 years old and over 130,000 people over 160 years old. We are currently investigating this issue.

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.