The Biden Legacy: Nearly a Trillion in Improper Payments
The Biden administration has overseen a record $926 billion in improper and unknown federal payments since 2021.
The fiscal year 2024 data are in, and they show that the Biden administration has overseen a record $926 billion in improper and unknown federal payments since 2021.
That is 38 percent more than the Trump administration’s $673 billion total over four years, and it’s only 4 percent less than the Obama administration’s $962 billion total over eight years. Moreover, all of these figures are underestimates as they only account for about 68 programs out of the more than 2,000 that the federal government operates. The Biden administration’s $926 billion total translates to more than $7,000 for every household in America. That’s about seven months’ worth of groceries for a family of four, or three mortgage payments for the average homeowner.
Source: The Biden Legacy: Nearly a Trillion in Improper Payments| @amacforamerica
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