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Bessent says Minnesota fraud recovery could help fund Trump’s $1.5T defense plan

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17 hours ago

Treasury Secretary Scott Bessent said Thursday that President Donald Trump’s proposed $1.5 trillion boost in defense spending would be achievable if the federal government can successfully claw back money lost to fraud, waste and abuse, pointing to welfare fraud investigations as a potential funding source.Speaking at the Minnesota Economic Club, Bessent said the Treasury Department is intensifying efforts to recover taxpayer dollars lost to welfare fraud, describing Minnesota as a focal point of ongoing investigations tied to federally funded programs."Minnesota, unfortunately, is ground zero...

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17 hours ago
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