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

submitted 2 years ago by Girlparts@kbin.social to c/news@kbin.social

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More than $200 billion may have been stolen from two large COVID-19 relief initiatives. That's according to new estimates from a federal watchdog investigating federally funded programs designed to help small businesses survive the worst public health crisis in more than a hundred years.

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[–] thann@kbin.social 0 points 2 years ago (1 children)

That and that fact that they wrote the bill in such a way that McDonalds was considered a small buisness means actual small businesses got very little

[–] dismalnow@kbin.social 1 points 2 years ago

To be fair, McDucks is mostly franchises with fewer than 20 employees. Corporate is mostly just the supply infrastructure and licensing.

[–] Jaysyn@kbin.social -2 points 2 years ago (1 children)

This was by the criminal Trump administration's design.

[–] hydro033@kbin.social 0 points 2 years ago (1 children)

No it was not - it was done too fast with too little oversight and lots of trust in the good nature of the people.

Source: https://www.nytimes.com/2022/09/27/podcasts/the-daily/pandemic-fraud.html

[–] icydefiance@kbin.social 1 points 2 years ago

Trump removes inspector general overseeing $2 trillion coronavirus relief package days after he was appointed: https://www.cnbc.com/2020/04/07/coronavirus-relief-trump-removes-inspector-general-overseeing-2-trillion-package.html

Inspectors general warn that Trump administration is blocking scrutiny of coronavirus rescue programs: https://www.washingtonpost.com/business/2020/06/15/inspector-general-oversight-mnuchin-cares-act/