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Scott Bessent: “Once the money goes out the door, it's very difficult to…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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

Published | Video Starts at 02:40

Do you have any idea how much. Okay, he's been prosecuted, he's been convicted. Do you how much of that $178 million was recovered? Sir, what I can tell you is Once the money goes out the door, it's very difficult to recover. The best way to prevent the fraud is Prevent it before it goes out the door. (02:40–02:44)

CLAIM

Asserts that recovering funds after they have been disbursed is very difficult.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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