ilmscore | America’s Fraud Is Bigger Than You Think

America’s Fraud Is Bigger Than You Think

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 1
Pending: 8
Unrated: 0
Prediction
Topic
Status
Fraud, waste, and abuse in the US federal government is estimated to be as high as $1.5 trillion annually.
"some people say that fraud, waste, and abuse across the federal government could be as high as $1.5 trillion dollars a year."
Federal Government Fraud
Pending
If $1.5 trillion in federal fraud were eliminated, individual income taxes could be waived up to $200,000 annually.
"if our tax dollars were not used for fraud, and if it really is $1.5 trillion like some people estimate, then we could exempt, in other words, not pay income taxes on up to $200,000 a year."
Tax Burden Reduction
Pending
Estimated fraud and theft in Minnesota's childcare programs since 2018 amounts to approximately $9 billion.
"in Minnesota alone, they estimate something like $9 billion worth of fraud and theft has been happening since 2018."
Minnesota Childcare Fraud
Pending
In Minnesota, a single legal citizen can vouch for up to eight other individuals to vote.
"So, essentially right now in Minnesota, if you're a legal citizen, you can vouch on behalf of eight people to vote."
Minnesota Voter ID Laws
Incorrect
Staff at Minnesota facilities like group homes, shelters, and childcare centers can vouch for an unlimited number of residents to vote.
"If you work for certain residential places, like for example, group homes, shelters, assisted living facilities, child care centers, the rules actually allow staff members to vouch for an unlimited number of residents at that location."
Minnesota Voter ID Laws (Group Homes)
Pending
In 2024, HUD misallocated over $5 billion to more than 200,000 inactive accounts.
"Just recently, HUD, the Department of Housing and Urban Development, discovered that in 2024 alone, over $5 billion went to over $200,000 inactive accounts."
HUD Misappropriation
Pending
Breakdown of HUD's $5 billion misappropriation includes funds to deceased individuals ($77M), non-existent social security numbers ($150M), potentially luxury housing ($288M), and inactive SAM.gov accounts ($5.2B).
"Of that money, 77 million went to people who weren't even alive. 150 million went to social security numbers that didn't even exist. 288 million of that went to pay excessively high rent, so maybe things like luxury housing, which obviously this isn't supposed to be for, and 5.2 billion to inactive SAM.gov accounts."
HUD Inactive Account Fraud Details
Pending
The US government has misappropriated approximately $2.7 trillion over the past 20 years, based on available data.
"from the limited information that we have, over the last 20 years or so, the government has misappropriated roughly $2.7 trillion."
Government Misappropriation (20 Years)
Pending
Elon Musk's proposal for a 'Department of Government Efficiency' aimed to identify government fraud and was presented as a non-partisan initiative.
"When Elon proposed the Department of Government Efficiency, it shouldn't have been a left versus right idea. It's a very simple idea. Let's go look for fraud."
Elon Musk's Department of Government Efficiency
Pending