Episode

Trillions Wasted in Federal Payments

Podcast
US News Today | 2 Min News | The Daily News Now!
Published
May 25, 2026
Duration seconds
112
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Summary

The feds just revealed a jaw-dropping $186 billion in improper payments last fiscal year—with Medicare ($57B) and Medicaid ($37B) leading the list, plus $21B wrongly given to ineligible earners via EITC and $10B lost in SNAP. This isn’t new—since 2003, $3 trillion has been misdirected, likely even more given uncounted risky programs. The spike? COVID-era emergency rollouts (2020–2023). Now VP Vance’s task force is forcing states to tighten oversight or risk funding cuts, as the GAO has long urged Congress and agencies to fix systemic waste and fraud. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/c1dc35efd3292420