Mr. President, today, I am proud to join with Senator Grassley to introduce the Fighting Fraud to Protect Taxpayers Act of 2011. Combating fraud is a vital issue on which Senator Grassley and I have a long track record of working together, and with great success. In these trying economic times, cracking down on the fraud which has harmed so many hardworking Americans is more important than ever. I look forward to working with Senator Grassley, and with Senators from both parties, to quickly pass this crucial legislation. In the last Congress, one of the first major bills the Senate Judiciary Committee considered, and one of the first bills President Obama signed into law, was the Leahy-Grassley Fraud Enforcement and Recovery Act. That bill gave fraud investigators and prosecutors additional tools and resources to better hold those who commit fraud accountable. We heard about the significant success that has already resulted from the Fraud Enforcement and Recovery Act and other key fraud fighting provisions we championed in a Judiciary Committee hearing earlier this year, but it is clear that our work is not done. In the past two years, we have learned much more about the scourges of financial fraud, mortgage fraud, government contracting fraud, health care fraud, and oil and gas fraud. I have also been very disturbed by the ongoing reports about inaccurate, forged, or fraudulent documents in the housing foreclosure process.…
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