February 27, 2026
WASHINGTON, D.C. – Today, House Budget Committee Chairman Jodey Arrington (R-Texas) released the following statement after Vice President J.D. Vance outlined the Administration’s efforts to combat fraud and protect taxpayers in conjunction with the President’s “war on fraud” initiative.
“Since his first day in office, President Trump has been laser focused on rooting out waste, fraud, and abuse, and he’s just getting started.
“We lose an estimated $500 billion a year to fraud, according to the Government Accountability Office. That’s why President Trump and Congressional Republicans took historic action to put in place guardrails that safeguard taxpayers’ sacred treasure through the One Big Beautiful Bill. But, as President Trump’s declaration of a ‘war on fraud’ underscores, there is still work to do.
“I applaud President Trump for taking this decisive action,…
PROCUREMENT & EXPENDITURE (STOPPING KICKBACKS)
Procurement fraud usually involves inflated invoices or “fictitious” vendors.
- The Three-Way Match: Never pay an invoice unless you have matched the Purchase Order (PO), the Delivery Note (signed), and the Supplier Invoice.
- Vendor Master File Review: Review your vendor list annually. Look for suppliers with the same bank details or physical addresses as your employees.
- Dual Authorization: Implement a “Two-to-Sign” rule for all EFT payments above a certain threshold (e.g., R5,000).
- No “Cashing” of Checks: If you still use physical checks, strictly prohibit “Cash” as a payee and store blank checks in a dual-lock safe.