White House Says $521 Billion Annual Federal Fraud Estimate ‘Not Plausible’

The White House Office of Management and Budget openly criticized a report from a Congressional watchdog that estimated the federal government loses up to $521 billion a year to fraud. Jason Miller, the deputy director for management at the Office of Management and Budget, detailed OMB concerns in a 3-page letter to officials with the Government Accountability Office. He said the fraud estimate was "not plausible."