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Fact-check · Sep 22, 2026 · JD Vance

“Hundreds of billions of dollars from the American taxpayer, and we were giving it to a bunch of fraudsters”

TRUE
What the record shows
GAO estimates UI fraud at $100-135 billion (April 2020-May 2023); SBA OIG reports ~$200 billion in potentially fraudulent pandemic loans. Combined, these exceed hundreds of billions across pandemic programs.
Sources
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From: Vice President JD Vance Holds Press Conference on Fraud

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