"US president says massive' fraud has caused budget imbalance, but calculations do not support this. United States President Donald Trump has claimed that unearthing and ending fraud nationwide would eliminate the country's deficit. In particular, Trump has highlighted alleged public services fraud by Somalis in Minnesota and also said there is fraud in many other places. If we stop this fraud, this massive fraud, we're going to have a balanced budget, Trump said on Tuesday during a speech at the Detroit Economic Club."
"Federal prosecutors charged dozens of defendants beginning in 2022 before Trump's current term and have filed more charges since Trump took office a year ago. So far, the Minnesota fraud charges involve a minimum of hundreds of millions of dollars. Assistant US Attorney Joe Thompson, who led Minnesota fraud prosecutions, said in December that Medicaid fraud in the state could reach $9bn although not all of that would be federal money."
President Donald Trump claimed unearthing and ending nationwide fraud would eliminate the country's deficit. He highlighted alleged public services fraud by Somalis in Minnesota and said fraud exists in many other places. Minnesota investigators identified fraud involving federal housing programmes, autism services and child nutrition. Federal prosecutors charged dozens beginning in 2022 and have added charges since. Minnesota fraud charges involve at least hundreds of millions of dollars. Assistant US Attorney Joe Thompson estimated Medicaid fraud in the state could reach $9bn, though not all would be federal losses. Government-wide federal fraud losses have been estimated as high as $521bn annually. The fiscal 2025 deficit was $1.775 trillion, far exceeding those estimates. Experts say fiscal restraint is necessary to approach a balanced budget.
Read at www.aljazeera.com
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