three-year basis in 2021 through the Consolidated Appropriations Act, according to a Treasury press release. GET FOX BUSINESS ON THE GO BY CLICKING HERE Following initial projections estimating $330 million in net benefits between 2024 and 2026, Congress made the verification authority permanent through the Ending Improper Payments to Deceased People Act, which President Trump signed into law in February. This new safeguard addresses a longstanding vulnerability and helps ensure every dollar the federal government spends reaches its intended recipient, Bessent also said in the press release. Treasury will continue efforts to modernize the federal payment system, strengthen safeguards against fraud and improper payments, and protect taxpayer dollars. READ MORE FROM FOX BUSINESS