But we're more transparent than any administration in history. No, to the best of my knowledge, press has never been invited ever to a cabinet meeting for any reason at all. And it's an honor to have you. This team has achieved more than most other administrations achieve in eight years.
We took the most dangerous, unsafe, violent, and open border in the world, anywhere in the world. There's no border like the border we had and created the most secure border in the history of our country. We had no people 12 months now, no people reported in the last 12 months came in illegally. Zero illegal aliens admitted to the United States in the last 12 months. And those charts are made by, you would say, politically unfriendly people. And the reason they don't come in is because nobody comes up because they know that they're going to be turned away and if they get in they're going to be moved out right away. So it's been zero. You're the one that do the reports. I'm actually surprised by the number because I don't know how it can be zero but they say it's zero for the last 12 months.
In 2025 we achieved the largest drop in the murder rate ever recorded. So the murder rate was quite high and we achieved the largest drop in the murder rate ever recorded to the lowest level in 125 years. That's the year 1900. And that's despite the fact that many people came in from prisons and from very rough countries and from mental institutions and from lots of other places, drug dealers, others. They came in illegally during the Biden administration. We've gotten many of them out, but we still have some that we're looking for. Quite a few that we're still looking for. But we've gotten over 11,888 murderers were allowed into our country. We've gotten a lot of them out. We've gotten some. We put them in jail. We don't even trust the country to send them because they'll come back in. Maybe we put them in jail. 11,888 murders. More than half of which have committed more than one murder. That's what they allowed in. They should. They can never be forgotten for the horrible things they've done to this country.
Fentanyl coming across our border is now down by 61%. 61%. And coming in by water, by sea, by ocean, is down 97%. Can you imagine?
Thanks to our Republican majorities in Congress, we passed the largest tax cuts in American history. All Democrats voted against the tax cuts, putting more money in Americans' pockets. This year, the typical family got tax refunds of nearly almost close to $5,000.
The stock market has set 68 all-time record highs since the election. So, 68 days, we hit all-time highs. We're right there now. And the average 401k, and that's despite the conflict. I don't call it a war, I call it a conflict. Despite the conflict with Venezuela, who no longer has a navy, no longer has an air force, no longer has a lot of people that were leading the country into very bad places. Their leadership is gone. Their second wrong leadership is gone. And we're dealing with their third, half of their third because half of their third is gone, too. The average 401k is up almost $30,000 since I took office. So, the Americans are benefiting working today. We have the most working and we have 401ks at their all-time high, highest they've ever been. And that goes along with the stock market, which is the highest it's ever been.
Under my most favorite nation agreements. This is something that I wish the media would talk about because to me, it's one of the biggest things ever to happen in our country. Certainly as to medical, anything having to do with medical because drug prices. We're delivering record setting discounts on prescription drugs with price differences of 400, 500, and even 600% at the trumpx.gov. We recently added nearly 1,000 low-cost generics to the website. So, we have drugs down 400, 500, 600%. Now you could say 80, 90, 70, 60, 50% if you want. There are two ways. Depends on the way you ask the question. But a pill that would sell in Germany or in let's say in London for $10 was selling for here for $130.
And I got the countries to all agree otherwise they would have had to pay big tariffs. I don't want to go into it but I had some very interesting discussions. They said vehemently no. And then when I said, 'That's all right. We're going to charge you 50% tariff on everything you sell into America,' they said, 'Well, like we said, we'll say yes.' And every single country agreed. And every drug company agreed. So we have most favored nations. So we were paying the highest drug prices in the world. Now we're paying the lowest drug prices in the world. So that pill that I talked about would go from $10 to 20. The world is bigger than the US. Hard to believe, but it's true. So, it's not like you cut it in the middle. They just had to go up a little bit, but a little bit is a doubling of a price. So, a little bit's a lot. So, the pill would go from $10 to $20 and we'd go from $130 to $20. Think of that.
So, we would get, if you remember, some of you were at the news conference I had my first term where I got the prices down 1/8 of a percent, one quarter, 1/8 of a percent my first term. And I was so proud of it because prices, drug prices hadn't come down in 28 years and I was the first one to do it. But now I'm getting them down not 1/8 of a percent, I'm getting them down 400, 500, 600. Or if you want to use it a different way, you could say 70%, 80%, 90%, 50%. Nobody's ever seen anything like it. And I got that through well everybody knew it was taking place but we paid the highest prices anywhere in the world now we're paying the lowest prices anywhere in the world and the press refuses to write about it I think it's the biggest thing and for health care you know so much of it is prescription drug prices and drug prices and with them coming down the healthcare is going to come down very substantially.
We recently added nearly 1,000 low-cost generics too as I said. And that's, you know, 1,000 drugs and it's all on and it's this was not a this was not given by me. This was given by Dr. Oz and Bobby and I, you know, wasn't sure whether or not I love the idea, but they said we want to use Trump. Trump rx.gov is what it is. And it's the hottest site I think anywhere on the planet from what I understand, Bobby. Right. It's really great. People are calling up and they're buying drugs for a fraction for literally a fraction of the price. And it should be the biggest story. And on that alone, we should win the midterms. On that alone, we should win the midterms. But the press doesn't talk about it. It's the biggest thing to happen in the drug industry ever. Maybe ever. And the press doesn't even want to write stories about it.
We made the largest ever investment in US military, $1 trillion. And we're asking actually for $1.5 trillion for the coming year. And we have the strongest military anywhere in the world as you know. You saw what we did with Venezuela. That worked out very quickly. And we're doing really equally as well with but again people don't want to write about it with Iran. Iran is very much intent. They want very much to make a deal. So far they haven't gotten there. We're not satisfied with it. But we will be we will be either that or we'll have to just finish the job. But their Navy is gone. As I've said a thousand times, their navy is gone. Their air force is gone. Everything's gone and they're negotiating on fumes. But we'll see what happens. Maybe we have to go back and finish it. Maybe we don't.
Right now, I mean, you can speak to Steve Whit and Jared. They're doing a good job. But right now, I think it looks like they want to just make a deal. They want to they they have I don't think they have a choice. They're just going back to the internet because they're getting clobbered. Their economy is in freefall. They have 250% inflation. Their money has no value. Their whole economic system is broken down. They thought they were going to outweight me. You know, we'll outweight him. He's got the midterms. I don't care about the midterms. Look what happened last night. That was the prelude to the midterms. People understand it. They know that very simple. Iran cannot have a nuclear weapon. I'm doing that for the world. I'm not doing it just for us. And we've had great support from other nations, by the way. We don't need it at all, but we've had great support from other nations. The problem is you always get the support when you don't need it. When you need it, you don't get the support.
With Operation Epic Fury, our warriors are ensuring that the world's number one state sponsor of terror never obtains a nuclear weapon. And they won't. Under the leadership of Vice President J. D. Vance. Very proud of this. The White House task force to eliminate fraud is waging war on waste, fraud, theft, and abuse like nobody's ever seen before.
He looks like Elliot Ness. You ever see Elliot? I'm telling you, the guys that are up there are all central casting standing be what a group of people.
And they're finding billions and billions and billions of dollars. And I just said, 'That's good.' He said, 'You haven't seen anything yet.' Just said that. And you know, if he does really great, we'll have a balanced budget without having to do anything. This is the kind of money they stole. They're crooks. They're thieves. And I hope that Todd is going to do a real job. These are crooked people. These are thieves. This isn't like a mistake.
Just talking about one person. And he got hundreds of thousands, millions of dollars for securing one man for taking care of one elderly man. He was a service. He got paid millions of dollars for taking care of one man. Total crook. They're all crooks. The Somalians are what they've done to Minnesota. The Somalians, they're crooked as hell. Ilhan Omar crooked as hell. They're all crooks. And we got them. We got them. Now we're putting the clamps on. But boy, I tell you that's an impressive group of guys that you have behind you. I was watching that and couple of very strong women, too. But I was watching that last night. I said, I'm proud of you guys.
In two months, we've exposed tens of billions of dollars of defrauded taxpayer money, prosecuted numerous fraudsters, Todd, and stopped billions of suspicious payments. Very suspicious. Oh, you haven't seen anything yet? Well, you see, I'm getting reports from Todd, from JD. I've never seen anything like it. The kind of just hundreds of billions of dollars was stolen. And no other administration would do what we're doing. Just let it go. Everybody was getting rich.
And I think we have a chance to save Social Security without doing anything to it by just the numbers of fraudulent people on Social Security. People that are 115 years old, 125 years old getting payments. It's funny. I said, 'Oh, do those payments get turned back?' No, they accept them. Well, somebody's somebody's getting the payment. It's not a person that's 125 years old. But that's the least of it. The numbers that we're finding out, we have great people at Social Security. We're going to make our Social Security so strong, so so good that you'd never see anything like it. We're going to protect. I said right from the beginning, we're going to protect our people on social security. If the Democrats ever got in, you wouldn't have said Social Security would be bankrupt. People wouldn't be getting anything.
Last week, they took down two of the largest Medicaid fraud cases in Minnesota history, as well as the largest autism fraud case ever charged by the federal government. You saw that with millions of dollars just being stolen. Everybody had autism. Everybody had autism. They said it was incredible actually and I really I mean I've just seen so I see what they're doing. You haven't seen anything yet. So congratulations JD. Be be vicious like they are. They're violent people. They're violent vicious scum.
Before asking Vice President Vance to speak about these efforts, I want to express our tremendous gratitude to our outgoing director of national intelligence, Tulsi Gabbard, who's a terrific person actually come up with some findings that were pretty good. And Tulsi's worked tirelessly to restore trust and focus and the intelligence and with the intelligence community. They all respected her. They listened to her. She gave us leads that were pretty much people thought they were dead and they weren't dead. They were right there. And she was able to expose a lot of things that we used at the FBI with cash and with Todd and with JD and everybody else. It was amazing.
She dramatically reformed the office of director of national intelligence and cutting the staff by 40%. And she prevented countless terrorists and cartel members from entering the United States. She exposed mountains of evidence related to the Russia Russia Russia hoax. One of the probably the greatest hoax in the history of our country. Although when you look at the fraud coming out, it's there's a lot of them. I mean, honestly, there's a lot of them. But the Russia Russia Russia hoax are great hoax. They're very dangerous hoax, too. And revoked security clearances of officials involved. And she declassified numerous historic documents of special public interest, including related to the JFK and RFK assassinations, which everybody wanted to see.
And we're now releasing a lot of things having to do with space. You know, it's people are very interested in it. It actually became the number one topic. We're releasing a lot of information having to do with extraterrestrial terrestrial things and people are totally fascinated by it. It's amazing that I wasn't sure if they would enjoy it. It's literally trending number one. Could you believe it? So, a lot of people out there are like it. But we're releasing all of that information. And Tulsi, we're praying for you and for your husband. Her husband's not feeling great, but he's going to feel great soon. You're going to make him, you're going to get him better. Yes, sir.
And he's a wonderful guy. So, just say hello and thank you for the great work you've done. We appreciate it. Thank you very much. And now, I'd like to ask JD to say a few words about the war on fraud, followed by acting attorney general Todd Blanche, who's doing fantastically, and Secretary of State Marco Rubio, another one. I mean, we have great people. And Secretary of War Pete Hegseth, Central Casting. He loves war. I don't like that. He's a good man, Ellen. And Scott Bessent, you talk about a guy doing a job been fantastic. Thank you, Scott. Fantastic. And a lot of the success that we're having with other countries is what you've been able to do and find. And SBA administrator Kelly Loeffler and all of the people here have been great.
We're going to just do those few and maybe if you have some questions, we'll go to others. But everybody around here has got a lot to say. But we did that once and it lasted for like four or five hours. It was a little It was a little much. We want to be open. So now if I do this way, they'll say he didn't let anybody talk. But let's start with JD and you can talk about a really really important thing. Bringing our country back to honesty. A tremendous amount of money is involved. Thank you. Go ahead. Thank you.
