The Government Accountability Office under the Biden administration estimated $500 billion per year in federal government fraud; better distribution of these resources and allowing resource reallocation via recession would improve long-term growth prospects.
factualpending
Speaker
Joseph WangEvidence Quote
“the Government Accountability Office under the Biden administration gave an estimate that there could be as much as $500 a year in fraud in in the federal government”
Source
The Secret To Maintaining Dollar Dominance | Joseph Wang & Austin Campbell LIVE @ DAS— Forward GuidanceCreated: 8/11/2026, 7:31:48 AM
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