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Ron Johnson: “They put the annual figure about a trillion dollars [in…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually

Published June 3, 2026 | Video Starts at 01:51

The lowest estimate on an annual basis comes from GAO at $250 billion a year. We had the CEO of LexisNexis that didn't realize they did this kind of research. They put the annual figure about a trillion dollars [in fraud]. I think you've come up with your own figure. What do you estimate annual amount of fraud in the federal budget? At least 500 billion, sir. (01:51–01:55)

CLAIM

Claims LexisNexis estimates annual fraud in the federal budget at about $1 trillion.

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Ron Johnson

“There may be 6 million people now is what the current estimate is. 6 million people or phantom people taking advantage of those subsidies…”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 01:24-01:37
“The lowest estimate on an annual basis comes from GAO at $250 billion a year [in fraud].”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 01:41-01:47
“A fraudster in California in one year from May 22 to May 20 to April 2023, $270 million of claims. He was paid $178 million in fraud in…”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 02:12-02:30
“Democrats wanted a clean extension of the enhanced subsidy under Obamacare, even though once it expired, people got the subsidy anyway.”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 01:14-01:24
“About $4.7 billion is being prosecuted out of a total of somewhere between 250 and 250 billion, $1 trillion in fraud.”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 03:24-03:37
“Democrat government officials ignored that transparency. They had access to it. They ignored it.”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 04:22-04:29
“I believe that's true of the Governor of Wisconsin as well. Refusing to turn over records on some of the welfare benefits that Wisconsinites…”
'What Do You Estimate?': Ron Johnson Asks Bessent How Much Fraud Is In The Federal Budget Annually | Uploaded June 3, 2026 | 04:35-04:46