Elon Musk: Fraud in federal government costs US $700 billion per year

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  • 04 February, 2025
  • 10:09
Elon Musk: Fraud in federal government costs US $700 billion per year

Fraud in the US federal government is closer to 10% of disbursements, more like $700 billion per year, Elon Musk, head of the Department of Government Efficiency, said on X, Report informs.

“Outright waste is at least 15%, so another trillion+ dollars. Anyone who works in government knows this,” Musk stressed