President Trump Vows to End Massive Fraud to Reduce Cost of Living, Says White House

Washington, D.C. | White House: The White House has emphasized that combating large-scale fraud is a critical step toward reducing the cost of living in the United States, according to a recent statement by President Donald J. Trump.

In a post shared by the official White House account on X (formerly Twitter), President Trump declared that the U.S. has been losing an extraordinary amount of money each year due to fraud and abuse within government systems.

“Another urgent priority for bringing down the cost of living is to stop the colossal fraud. Our country has been losing over half a trillion dollars to fraud every single year, but those days are OVER,” President Trump said.

Half a Trillion Dollars Lost Annually

President Trump claimed that more than $500 billion is lost every year through fraudulent activities, including abuse of federal assistance programs, tax fraud, healthcare-related scams, and improper government payments. He argued that such losses directly impact American taxpayers and contribute to higher living costs.

According to the administration, unchecked fraud not only drains national resources but also weakens public trust in government institutions.

Administration Promises Strong Crackdown

The Trump administration has pledged to take aggressive action to identify, prevent, and prosecute fraud across federal agencies. Proposed measures include:

• Strengthening oversight of government spending

• Using advanced data analytics and digital monitoring systems

• Eliminating fake beneficiaries from social programs

• Increasing coordination among federal law enforcement and regulatory agencies

President Trump stressed that protecting taxpayer dollars is a key component of his economic agenda.

“We are going to protect the hard-earned money of American citizens. Fraud, waste, and abuse will no longer be tolerated,” he added.

Economic Impact and Public Response

Supporters of the President argue that recovering lost funds could help lower taxes, reduce inflationary pressure, and allow greater investment in infrastructure, healthcare, and public services. They believe that cutting fraud is essential to easing financial burdens on middle- and working-class Americans.

However, critics have urged the administration to provide transparent data and detailed policy frameworks to substantiate the claims and ensure fair enforcement without disrupting essential public programs.

Broader Economic Strategy

The White House has positioned the anti-fraud initiative as part of a broader strategy aimed at stabilizing the economy, reducing inflation, and restoring fiscal discipline. Officials say that savings from fraud prevention could be redirected toward lowering everyday costs for American families.