And we are, we have been, we will continue to do. It clearly strikes a nerve with the American people. The Government Accountability Office estimates that the US government loses as much as $500 billion in federal funds every year. A half a trillion dollars is burned up, wasted because fraudsters and scammers are involved. That's $4,000 per American household every year, totally wasted. We could use that money so much better. (03:39–03:46)
CLAIM
Asserts that the US government loses up to $500 billion annually due to fraud.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
