The Government Accountability Office estimates that the federal government loses between $233 BILLION and $521 BILLION every year to fraud. We are not talking about total government waste, unnecessary programs, bloated agencies, or interest on the national debt. This estimate is specifically FRAUD affecting federal programs and spending. At the upper end, that works out to more than $1.4 billion every single day.

This is the same government that tells you it desperately needs more revenue. Politicians argue over raising taxes, closing loopholes, increasing enforcement, and extracting another dollar from the productive economy while their own watchdog estimates that hundreds of billions could disappear annually through fraud. If a private corporation told its shareholders that somewhere between $233 billion and $521 billion was being lost every year and management could not narrow it down any further, the board would be thrown out.