• Loading ...
  • Loading ...

Tourism UAE

Latest News

Trump says anti-fraud efforts are uncovering billions in waste, claims savings could balance budget

04 Jun 2026 By foxnews

Trump says anti-fraud efforts are uncovering billions in waste, claims savings could balance budget
 

Tourism UAE introduces

President Donald Trump on Wednesday touted Vice President JD Vance's anti-fraud efforts and claimed Republicans are uncovering enough government fraud to potentially balance the federal budget, while accusing Democrats of resisting investigations because they are "in on the act."

In a Truth Social post, Trump praised Vance and Republican officials for what he described as a nationwide effort to identify fraud and waste in government spending.

"Vice President JD Vance and Republicans are doing a great job hunting down Fraud in the various States," Trump wrote. "Billions of Dollars is being found, and we've just started!"

Trump's comments come as the administration has sought to highlight anti-fraud efforts led by Vance. In April, Fox News Digital reported that Vance's newly created anti-fraud task force had identified nearly $6.3 billion in government contracts believed to be tied to potentially fraudulent businesses.

Officials said nearly 400 businesses would be required to prove they had legitimate operations and physical addresses.

JD VANCE'S TASK FORCE FLAGS NEARLY $6.3B IN GOVERNMENT CONTRACTS GOING TO POTENTIALLY FRAUDULENT BUSINESSES

The president argued that the amount of fraud being uncovered could have major implications for federal spending and taxes.

"If we found it all, we would literally be able to balance the Budget, and simultaneously reduce Taxes, cutting them even more than I have already done, which is a RECORD!" Trump wrote.

Trump did not provide evidence that fraud findings identified by Republicans would be sufficient to eliminate the federal deficit. While the president argued uncovering fraud could eventually balance the budget, the administration has not publicly released figures showing identified fraud totals approaching the size of the annual federal deficit.

BESSENT SAYS MINNESOTA FRAUD RECOVERY COULD HELP FUND TRUMP'S $1.5T DEFENSE PLAN

The anti-fraud task force was established by executive order in March, and is chaired by Vance. The administration has said the initiative is designed to identify fraud, waste and abuse across federal programs and government contracts as part of a broader effort to reduce spending and strengthen oversight.

Trump also sharply criticized Democrats, saying he was surprised efforts to uncover fraud had not received bipartisan support.

"Amazingly, Dumocrats are fighting us all the way," Trump wrote. "This is something that I am surprised at, because I thought this would be a Bipartisan effort."

JD VANCE WARNS BLUE STATE OFFICIALS COULD FACE PRISON OVER BILLION-DOLLAR FRAUD EPIDEMIC

Trump went on to suggest Democrats may oppose such investigations because they have a vested interest in preventing further discoveries.

"It's looking like they're in on the act," Trump wrote.

The president further claimed Democrats do not want Republicans to uncover what he described as "Hundreds of Billions of Dollars of FRAUD!"

Trump later compared Democratic opposition to anti-fraud efforts with several other issues that have become central themes of his political messaging, including transgender athletes competing in women's sports, mail-in ballots, voter identification requirements and proof-of-citizenship requirements for voting.

The administration has made rooting out waste, fraud and abuse a recurring focus of its messaging as it seeks to reduce government spending and defend broader fiscal policy initiatives.

Democrats have argued Republicans frequently conflate fraud, waste and policy disagreements when discussing federal spending reductions and have questioned whether projected savings touted by the administration can ultimately be realized.

Are you looking for a holiday? Get special deals.

More News

Booking.com
FBI boss Kash Patel details how agency and partners secured record-shattering FIFA World Cup
FBI boss Kash Patel details how agency and partners secured record-shattering FIFA World Cup
Hawley sends criminal referral of 'left-wing dark-money' group over mailed abortion drugs
Hawley sends criminal referral of 'left-wing dark-money' group over mailed abortion drugs
Anti-ICE walkout exposes how school district 'failed' parents, risked student safety: 'Broken my trust'
Anti-ICE walkout exposes how school district 'failed' parents, risked student safety: 'Broken my trust'
Socialist-backed Michigan Senate hopeful calls American politics a 'disease' after professing love for US
Socialist-backed Michigan Senate hopeful calls American politics a 'disease' after professing love for US
Warren defies Schumer as Dem civil war explodes over must-win Senate race
Warren defies Schumer as Dem civil war explodes over must-win Senate race
MTG pounces on Hegseth, claiming US troop casualties 'fuel' his 'bloodlust for a senseless war'
MTG pounces on Hegseth, claiming US troop casualties 'fuel' his 'bloodlust for a senseless war'
Firestorm erupts online after Minnesota paper praises Tim Walz's clemency for child sex offender
Firestorm erupts online after Minnesota paper praises Tim Walz's clemency for child sex offender
US bases, ICE facilities targeted in Cuba-linked 24-hour activist mobilization plan
US bases, ICE facilities targeted in Cuba-linked 24-hour activist mobilization plan
Republicans defy Trump, jump into South Carolina Senate race despite his handpicked successor
Republicans defy Trump, jump into South Carolina Senate race despite his handpicked successor
Minnesota of the Caribbean? Trump admin freezes vacation hotspot's funds over alleged hurricane-aid abuses
Minnesota of the Caribbean? Trump admin freezes vacation hotspot's funds over alleged hurricane-aid abuses
Mamdani's 'deranged' Israel take resurfaces as he targets Netanyahu
Mamdani's 'deranged' Israel take resurfaces as he targets Netanyahu
War erupts on far left as DSA endorses challenger against sitting House progressive
War erupts on far left as DSA endorses challenger against sitting House progressive
5 things to know about Graham Platner ally poised to take on Susan Collins
5 things to know about Graham Platner ally poised to take on Susan Collins
'Today' suspect caught on camera before hate crime arrest, rap sheet reveals attempted kidnapping conviction
'Today' suspect caught on camera before hate crime arrest, rap sheet reveals attempted kidnapping conviction
Suspect named in New York City alleged incendiary device attack, had 'anti-ICE stuff' on him
Suspect named in New York City alleged incendiary device attack, had 'anti-ICE stuff' on him
Inside underground El Paso storm drain system Border Patrol says cartels exploit to smuggle illegal migrants
Inside underground El Paso storm drain system Border Patrol says cartels exploit to smuggle illegal migrants
Army IDs 2 victims killed in Jordan air base attack; Trump: Iran will pay 'many times over'
Army IDs 2 victims killed in Jordan air base attack; Trump: Iran will pay 'many times over'
Hailey Ostrom is back defending summer at the lake armed with her golf club and bikini
Hailey Ostrom is back defending summer at the lake armed with her golf club and bikini
Cruise ship hit with third stomach illness outbreak in two months, review underway
Cruise ship hit with third stomach illness outbreak in two months, review underway
Sophie Cunningham acted like an adult this weekend while Angel Reese pandered, red-hot Red Sox & Cubs SMACK!
Sophie Cunningham acted like an adult this weekend while Angel Reese pandered, red-hot Red Sox & Cubs SMACK!
Latest News

copyright © 2026 Tourism UAE.   All rights reserved.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z