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A year after passage of Cares Act, watchdogs struggle to oversee trillions in coronavirus spending

A year after passage of Cares Act, watchdogs struggle to oversee trillions in coronavirus spending Updated: 1 hour ago Print article When the $2.1 trillion Cares Act was enacted just over a year ago, Democrats in Congress, mistrustful of the Trump administration’s ethical track record, made robust policing a top priority for the gusher of new spending. The law, intended to stem the economic pain caused by the coronavirus pandemic, created new oversight bodies and directed more than $270 million to new and existing watchdogs. A House subcommittee with the power to issue subpoenas quickly got to work with queries to private corporations and government agencies.

Watchdogs struggle to oversee trillions in coronavirus spending

Watchdogs struggle to oversee trillions in coronavirus spending
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