Vance Says Federal Task Force Has Identified $230 Billion In Fraud

During his remarks, Vance argued that government fraud harms more than just taxpayers, saying it also deprives legitimate beneficiaries of programs intended to help vulnerable Americans.

To illustrate that point, Vance pointed to a Medicaid-administered program designed to provide neonatal care for low-income mothers and infants.

He alleged that fraudulent companies had exploited the program by billing for services that were never provided, enriching themselves while reducing resources available for families who genuinely needed assistance.

“So who loses in that equation?” Vance asked. “Number one, of course, is the American taxpayer that is $230 billion poorer because of the fraud that this country has let go on.”

“But I actually think most importantly is that we’ve seen that program run out of money,” he continued. “So we’ve seen moms and babies unable to access the healthcare that they need because the fraudsters have gotten rich. That is a disgrace.”

Vance argued that meaningful action to combat the problem only began after President Trump directed his administration to prioritize fraud investigations across federal agencies.

“And until the president ordered us to stop it, no one was doing anything about it,” Vance said.