4.7 • 5.1K Ratings
🗓️ 17 November 2025
⏱️ 40 minutes
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| 0:00.0 | In fiscal year 2023, federal agencies reported $236 billion in improper payments. |
| 0:09.0 | And that's not a one-off. In fiscal year 2024, after massive post-COVID reductions, |
| 0:16.0 | 16 federal agencies alone still reported an estimated $162 billion in improper payments. |
| 0:25.6 | Since fiscal year 2003, cumulative improper payment estimates across the federal government |
| 0:31.6 | are nearly $3 trillion. That's 8% of the entire federal deficit. Pretty soon it's going to start |
| 0:39.8 | being real money. In fact, according to the Government Accountability Office, the $3 trillion |
| 0:45.6 | in improper payments we can account for are just a subset of the total problem. The real |
| 0:52.4 | number is almost certainly much higher. But even if it's not |
| 0:57.1 | much more, that still accounts for roughly 10% of the entire national deficit. That is the definition |
| 1:04.7 | of gross incompetence. But here we are. And the madness does not stop there. The Social Security Administration's Office of Inspector General found approximately 6.5 million |
| 1:18.2 | Social Security numbers belong to people, get ready, 112 years or older. |
| 1:24.6 | You want to know the real number? |
| 1:26.2 | It's 80. |
| 1:27.2 | Not 80 million or 80,000. It's just |
| 1:30.3 | 80. That's 81,000 times more than the reality. It's actually more. I'm rounding down. That's |
| 1:38.0 | five orders of magnitude of discrepancy. That's so far off it's a comedy routine. It is as |
| 1:43.7 | if the government is designed to make |
| 1:46.3 | fraud easy and racist towards bankruptcy. To put it plainly, we are getting robbed and not by scammers |
| 1:52.8 | overseas, by our own government. Elon and Doge tried to warn us, but what they got in return |
| 1:59.9 | was firebombed Tesla dealerships and Uniparty |
| 2:04.0 | bipartisan support for continued spending no matter how much waste or fraud there is inherent |
| 2:11.2 | in the system. Now I want to stare directly at that because it's never hopeless. All of this is fixable if we can understand what's |
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