SUPPORT THINKCIVICS — Donate HERE
OR Subscribe for free to the Civics+ newsletter.
NEWS FEED — GAB — FACEBOOK — TWITTER — RUMBLE
Federal inspectors general determined that the government lost at least $276 billion in taxpayer money that was designated as “COVID-19 relief funding.”
The funds were lost due to “fraud” and “waste,” according to cumulative estimates from the inspectors general of the Labor Department, Treasury Department, and Small Business Administration.
Larry Turner, inspector general for the Labor Department, estimated that $76 billion slated for “unemployment insurance” was deployed via fraudulent claims. He described the $76 billion fraud assessment as “on the low end” because it did not include an analysis of money deployed via the Pandemic Unemployment Assistance program established in 2020.
The leading source for breaking news, videos, politics, entertainment, opinion, culture, tech, and more.
