What is Donald Trump identifying as a major government financial problem?

Donald Trump is identifying massive government fraud, waste, and abuse as a critical financial issue. According to his statement, investigators are uncovering billions of dollars in fraudulent spending, with projections suggesting this could amount to hundreds of billions of dollars in total losses. Trump emphasizes that while he often refers to this problem as 'waste and abuse,' the issue encompasses fraud alongside these other forms of financial mismanagement. This highlights his focus on government fiscal accountability and the need to address improper spending practices within federal programs.