The U.S. is illegally borrowing taxpayer dollars through fraud and potentially costing taxpayers between $200 billion and $500 billion each year due to entitlement fraud in programs such as Social Security, Medicare and Medicaid. The national debt now exceeds $38 trillion and annual deficits run in the trillions. This fraud is causing taxpayers to lose $300 billion per year, or nearly one-third of a trillion dollars annually. The federal government claims it cannot effectively monitor hundreds of billions of dollars in annual benefit payments. The author argues that outdated systems create opacity and enable financial fraud to pass on the money. He also suggests that some in positions of influence benefit from a system that lacks transparency and real-time oversight. Ending fraud would address one of the most blatant abuses in a system already strained by uncontrolled entitlement growth and soaring interest payments. Taxpayers deserve protection from financial fraud, and Congress should address this issue.