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Monday, January 30, 2023

$5.4 b COVID aid may have gone to businesses using questionable Social Security numbers: report

 The U.S. government may have awarded roughly $5.4 billion in COVID-19 aid to small businesses with potentially ineligible Social Security numbers, said a Washington Post report on Monday citing a new estimate from the Pandemic Response Accountability Committee, or PRAC. The estimate comes as the Republican-run House Oversight Committee plans to hold a hearing on Wednesday titled "Federal Pandemic Spending: A Prescription for Waste, Fraud and Abuse."

https://www.morningstar.com/news/marketwatch/20230130297/54-billion-in-covid-aid-may-have-gone-to-businesses-using-questionable-social-security-numbers-report

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