They put the annual figure about a trillion dollars. 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 [is the estimated annual amount of fraud in the federal budget]. sir. So again, this is a range of somewhere between 3.3 and 13.3% of our budget. (02:00–02:03)
CLAIM
Asserts that the estimated annual amount of fraud in the federal budget is at least $500 billion.
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