FinalLayer badge

How much money is the U.S. government losing to fraud in federal programs?

According to James Freeman, there is a massive problem with fraud in federal programs in the United States. The government is facing a gap of almost $2 trillion between what it spends and what it collects in revenue, with a significant portion attributed to fraud in federal programs. Freeman suggests that addressing this fraud issue could help reduce the spending gap without cutting useful programs. This fiscal mismanagement represents a substantial waste of taxpayer dollars that could be redirected to more beneficial purposes or help close the federal budget deficit.

LogoClipped by ProGamerLife with FinalLayer

People also ask

james freeman federal budget analysis
government spending deficit 2025
federal spending transparency reports
james freeman wall street journal columns
federal budget gap solutions

Discover the right B-roll for your videos

Logo

Search for any video clip

Experience AI search that understands context and presents you with relevant video clips.

Try Finallayer for free