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Over 200 bln USD in U S pandemic relief potentially squandered: SBA

Over 200 bln USD in U S pandemic relief potentially squandered: SBA
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$200BILLION in taxpayer dollars has been stolen from COVID-19 relief program

That is according to a report published Tuesday by the inspector general of the Small Business Administration, the entity charged with managing the payouts.

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Over 200 bln USD in U S pandemic relief potentially squandered: SBA

NEW YORK, June 27 (Xinhua) The U.S. federal government squandered more than 200 billion U.S. dollars in potential fraud in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the country's economy, according to a report published Tuesday by the inspector general of the Small Business Administration (SBA).

Paycheck protection programUs secret serviceSmall business administrationMike wareEconomic injury disaster loans

The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says

The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says
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United statesWhite houseDistrict of columbiaRhode islandJoe bidenBailey devriesDonald trumpBob westbrooksIsabella casillas guzmanJohn griffinLarry turnerGene sperlingUs small business administrationLabor departmentLeft holding the bagPandemic response accountability committee

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