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The Nexus
POLITICSMay 23 · 11:00 UTCFOX NEWS POLITICS

Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims

A financial watchdog claims Biden's relaxed policies enabled widespread fraud, leading to billions in taxpayer losses. State financial officers reclaimed $28 billion in 2023, but critics argue weak eligibility requirements during the Biden administration exacerbated the issue. The Trump administration's 'War on Fraud' initiative, led by JD Vance, is praised for addressing the problem.

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