Vens has announced frauds related to $230 billion aid programs in the USA.
05-08-2026 17:53 USA Politics
shantnews.am The U.S. administration has uncovered fraudulent schemes worth approximately $230 billion related to several federal programs that support the population. This was stated by U.S. Vice President Jay D. Vance in an article published in The Washington Post.
According to him, the administration, which took office in January 2025, has uncovered approximately $230 billion in fraud related to Medicare and Medicaid health insurance programs, food assistance, and the provision of subsidized loans, as well as other federal programs that support the population.
Vance noted that, according to internal assessments of the administration, it has already managed to prevent approximately $56 billion in fraudulent payments on an annual basis. Additionally, during investigations, U.S. authorities have collected about $55 billion in fines and compensations.
The Vice President assured that work in this direction is "just beginning." He stated that a new phase of the fight is now starting, and for that purpose, he has called on Congress to pass several bills that will help prevent such abuses.
In early April, U.S. President Donald Trump announced that Vance would be responsible for coordinating the fight against fraud in the United States.
* This text was automatically translated by Artificial Intelligence (AI).
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