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Federal fraud is double previous estimates, LexisNexis Risk Solutions CEO says
Federal fraud is double previous estimates, LexisNexis Risk Solutions CEO says
By Fuelman
17 Feb 2026 3:11 pm in No Holds Barred Political Forum
18 Feb 2026 9:28 am
Doesn't say anything about dollar volume...Fuelman » 18 Feb 2026, 10:23 am » wrote: ↑ AI says something else:
No, the majority of U.S. Government fraud does not come from procurement. While procurement fraud is a major, persistent issue, healthcare fraud historically accounts for the largest share of False Claims Act recoveries, often 65% to 90%, whereas procurement fraud generally represents less than 10% of those recoveries. Holland & KnightHolland & Knight +1
Procurement may be a larger percentage if really dug into.
18 Feb 2026 9:54 am
So you don't agree with those percentages, fine.
If we were looking at dollar volume per incident, you may be correct, I have no idea as that information is hard to come by. Strange way to to make a point though.
Bring us what you got, prove the percentages wrong.
18 Feb 2026 12:35 pm
The point being that it is a matter of what is actually stolen.Fuelman » 18 Feb 2026, 10:54 am » wrote: ↑ So you don't agree with those percentages, fine.
If we were looking at dollar volume per incident, you may be correct, I have no idea as that information is hard to come by. Strange way to to make a point though.
Bring us what you got, prove the percentages wrong.
18 Feb 2026 1:59 pm
Good point, have any data on that?Blackvegetable » 18 Feb 2026, 1:35 pm » wrote: ↑ The point being that it is a matter of what is actually stolen.
The IRS isn't doing that great of a job:
Overall Tax Gap: The vast majority of tax evasion goes undetected or unrecovered, with overall recovery efforts for individual income tax hovering around 9%.Corporate vs. Individual: The IRS is more effective at recovering corporate tax fraud (about 18% recovered) compared to individual income tax fraud.
18 Feb 2026 2:04 pm
You only know about the fraud you find, and only after the fact....and it may not reveal the extent of what is found.Fuelman » 18 Feb 2026, 2:59 pm » wrote: ↑ Good point, have any data on that?
The IRS isn't doing that great of a job:
Overall Tax Gap: The vast majority of tax evasion goes undetected or unrecovered, with overall recovery efforts for individual income tax hovering around 9%.Corporate vs. Individual: The IRS is more effective at recovering corporate tax fraud (about 18% recovered) compared to individual income tax fraud.
The IRS isn't doing that great of a job:
We know this....it is underfunded on purpose...it is why @Zeets2 rails about armies of armed IRS agents.
18 Feb 2026 2:16 pm
If only you'd educate your stupid self to the facts!:Blackvegetable » 18 Feb 2026, 3:04 pm » wrote: ↑ We know this....it is underfunded on purpose...it is why @Zeets2 rails about armies of armed IRS agents.
Fact Check: Hell-bent on Supercharging IRS Against Middle Class, Democrats Once Again Mislead Public
US Ways and Means Committee Jan 10, 2023
As Republicans drew closer to passing legislation to protect the middle class and small businesses from an IRS supercharged with 87,000 new agents that would audit them, Democrats resorted to repeating long debunked arguments. Here are a few:
Claim: Republicans are falsely claiming the IRS will hire 87,000 new agents.
Fact: Treasury’s own proposal published in 2021 shows that the IRS would add 86,852 full-time equivalent employees by 2031. When CBO analyzed the proposal, it acknowledged the IRS would more than double its head count
Claim: The IRS isn’t hiring for 87,000 new positions, they’re just replacing retiring employees.
Fact: False—new funding is not needed to replace retiring employees because when an employee retires, the funding for that employee remains unspent until the position is filled again. If they weren’t hiring tens of thousands of people, they wouldn’t need $80 billion dollars. Even the Washington Post acknowledged this while partially retracting claims in a previous fact check.
Claim: New IRS funding will improve taxpayer service.
Fact: Despite a clear need for greater taxpayer customer service amidst a historic tax return backlog, only $3.2 billion of Democrats’ $80 billion is earmarked for that purpose.From the Wall Street Journal editorial board: “Despite all this new money, Americans shouldn’t expect better IRS service. “The Taxpayer Advocate Service revealed in June that as of May 31 the IRS was still sitting on 21.3 million unprocessed paper tax returns, with millions of taxpayers ‘waiting six months or more to receive their refunds.’ Yet the Schumer-Manchin bill devotes only $3.2 billion for ‘taxpayer services.’”Read: Democrats Want 87,000 New IRS Agents to Audit Walmart Shoppers
Claim: New IRS funding will lead to closing the so-called “tax gap” – the amount of money owed to the federal government that the IRS fails to collect.
Facts:
- The IRS’s numbers are highly disputed. Former IRS Commissioner Rettig testified before Congress that the tax gap could be as high as $1 trillion—contradicting the official IRS estimate of $381 billion per year. Biden’s Tax Compliance Agenda uses an estimate of $630 billion. Yet the most recent IRS tax gap estimate actually showed that the US voluntary compliance rate increased significantly.
- Worse, these estimates are outdated. All of these estimates are based on years-old data, including before a tax reform that simplified the tax code and improved compliance.
- IRS fell short with past funding increases: Despite the Biden Administration’s claim that more money will increase IRS audits and increase revenue from wealthy individuals and corporations, the Treasury Inspector General for Tax Administration actually found that despite using significant resources auditing large businesses, the IRS failed to bring in money to the Treasury from those audits nearly 50 percent of the time.
18 Feb 2026 2:27 pm
Beekeeper » 18 Feb 2026, 8:42 am » wrote: ↑ You didn't post enough to be worthy of anything I have to destroy you with.
But here's a TASTE...
BS in Biology and minor in Chemistry (FAR tougher to get than any BA from any college)
And then there are 4 other DEGREES, that we'll leave you guessing UNTIL we see your SCHOOLS!!
YOUR RULES, YOUR GAME!! I just play it so much better than you EVER can play it!!
Was math invented or discovered?? THAT answer ends the **** you are trying to toss!! Makes you stupid and smelling like **** by you avoiding it.
Funny stuff.
One can assume he leveled everything he's got at the board.
Please seat yourself.
I like the very things you hate.
I like the very things you hate.
18 Feb 2026 3:09 pm
Blackvegetable » 18 Feb 2026, 9:17 am » wrote: ↑ It's not about me anymore.
It's about you running, again.
NOT ME doing the RUNNING, Diarrhea Man!!
That's always you!!
You've ran from this for 2 months now....
Was math invented or discovered??
So my creds are enough for you, huh??
Nod
@ROG62 @RebelGator @Huey
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
18 Feb 2026 3:10 pm
DeezerShoove » 18 Feb 2026, 3:27 pm » wrote: ↑ Funny stuff.
One can assume he leveled everything he's got at the board.
Diarrhea Man is ALWAYS trying to be "BMOC". He fails miserably. You know that already.
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
18 Feb 2026 3:14 pm
Where are your qualifications?Beekeeper » 18 Feb 2026, 4:09 pm » wrote: ↑ NOT ME doing the RUNNING, Diarrhea Man!!
That's always you!!
You've ran from this for 2 months now....
Was math invented or discovered??
So my creds are enough for you, huh??
Nod
@ROG62 @RebelGator @Huey
18 Feb 2026 3:38 pm
YOU ARE A **** IDIOT!!!
This post of yours is ABSOLUTE proof you NEVER read any posts from anyone.
STFU and ANSWER THE QUESTION!!
Was math invented or discovered!!
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
18 Feb 2026 3:45 pm
No....no....no.
You now owe me...
19 Feb 2026 2:32 am
Did he even graduate from CC?...Blackvegetable » 18 Feb 2026, 9:17 am » wrote: ↑ It's not about me anymore.
It's about you running, again.
19 Feb 2026 6:17 am
You're a **** idiot!!
MY question was LONG before any of yours, so the OWE IS MINE!!
Was math invented or discovered??
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
19 Feb 2026 6:18 am
:rofl:
Post the rule.
19 Feb 2026 6:20 am
If you want the "rule" posted, SHOW US THE LINK TO IT!!
Now, RUN SOME MORE!!
Was math invented or discovered??
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
19 Feb 2026 6:22 am
If you want your question answered, you better gird your loins, bitch.
Now post your qualifications.
19 Feb 2026 6:28 am
Does federal fraud include all local fraud within the country, each state, every county, all municipal jurisdictions combined?Fuelman » 17 Feb 2026, 4:11 pm » wrote: ↑ This news just keeps getting worse!
The federal government is hemorrhaging around $1 trillion per year due to fraud, Haywood Talcove, CEO of LexisNexis Special Services & LexisNexis Risk Solutions Government, said while testifying at a congressional hearing last week. The eyewatering figure dwarfs the Government Accountability Office's numbers. The GAO reports that the nation's "federal government loses between $233 billion and $521 billion annually to fraud, according to GAO’s government-wide estimates based on data from fiscal years 2018 through 2022."
During the Senate hearing, Talcove said he places "the number closer to $1 trillion dollars annually, or $115 million every single hour, of which 70% is related to transnational criminals." Talcove told FOX Business that he is surprised "people don't realize how easy it is to steal from government, and taxpayers aren't more outraged."
HHS Secretary Robert F. Kennedy Jr. "released the Medicaid data," Talcove said. "That data has never been seen in public before. And by looking at that, I suspect that trillion dollars that I provided to Congress last week was actually a little bit light," he noted.
This was from Fox Business.
19 Feb 2026 6:28 am
He's got a perfect record for answering questions....0Beekeeper » 19 Feb 2026, 7:20 am » wrote: ↑ If you want the "rule" posted, SHOW US THE LINK TO IT!!
Now, RUN SOME MORE!!
Was math invented or discovered??
He suffers from an iron deficiency.....no backbone.
19 Feb 2026 6:30 am
wouldn't that be a calcium deficiency, Thought iron was for blood?RebelGator » 19 Feb 2026, 7:28 am » wrote: ↑ He's got a perfect record for answering questions....0
He suffers from an iron deficiency.....no backbone.
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