The initiative uses advanced technology, stronger controls and improved data to stop improper payments and fraud before money is disbursed. By shifting away from a "pay and chase" strategy, the department aims to establish prevention as the primary line of defense for government spending.
Tuesday, October 20, 2026
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US Treasury Verifies $3.7 Trillion in Payments and Hits 99% Program Coverage
US Politics14 days ago
Treasury Secretary Scott Bessent announced that the federal government has transitioned to a prevention-first model to protect taxpayer dollars from waste. Over the past year, the US Treasury deployed anti-fraud safeguards that verified more than $3.7 trillion in federal payments and expanded the "Do Not Pay" verification system from 4% to 99% of government programs.
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