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Fact-check · Oct 30, 2026 · Scott Bessent

“Costs skyrocketed from 2,500,000 to 107,000,000 in just four years”

TRUE
What the record shows
Minnesota's Housing Stabilization Services program costs grew from an estimated $2.5-2.6 million annually (2020) to $104-107 million by 2024, confirmed by Minnesota Reformer, DOJ statements, and House Oversight Committee reports.

Multiple authoritative sources confirm the cost escalation from ~$2.5M to ~$107M over four years (2020-2024) due to fraud in the Medicaid housing program.

Sources
▶ Watch the broadcast
From: Secretary of the Treasury Scott Bessent Holds a Fraud Task Force Press Conference in St. Cloud, MN

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