The legislation would cancel all unobligated funds from COVID-related programs. Senator Joni Ernst of Iowa introduced the “Returning Unspent COVID Funds Act” this week. The legislation would reclaim…
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Labor Secretary Returns $1.4 Billion in Unused COVID Funding to Treasury
The department returned the money to the general fund to finance the federal government. The Department of Labor recently announced that it returned $1.4 billion in unused funding…
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Cases Against PPP Fraud Continue in Federal Courts
Millions in Paycheck Protection Program funds were fraudulently borrowed from the Small Business Administration program during the pandemic. A U.S. attorney announced an agreement in which the Carson…
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GAO Finds Planned Parenthood Received Over a Billion in Pandemic Relief
Senator Blackburn requested the report that detailed the funding. The Government Accountability Office (GAO) recently found that Planned Parenthood had received $1.78 billion in pandemic relief funds from…
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SBA Announces COVID Fraud of Over $200 Billion
Inspector general cites a lack of controls on the distribution of emergency funds as the cause. The Office of the Inspector General of the Small Business Administration said…
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$5.4 Billion in “Questionable” COVID-19 Loans Reported
House committee holds hearing on mismanagement, fraud, and wasted funds. The Pandemic Response Accountability Committee reports it has “identified 69,323 Social Security numbers used to obtain $5.4 billion…
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Secret Service Recovers Stolen Unemployment
$2 billion in benefits returned from funds stolen during the pandemic. More than $2 billion in stolen unemployment benefits over the course of the COVID-19 pandemic have been…
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Senate Extends Paycheck Protection Program
Small businesses may apply for loans through May. On Thursday, the Senate passed legislation extending the small-business program created last year by Congress. They voted 92-7 to extend…
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SBA Administrator Nominee Confirmed
Senate votes in favor of former California Small Business Advocate. The U.S. Senate voted 81-17 to confirm Isabel Guzman as the administrator of the Small Business Administration (SBA)…
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President Biden Visits DC Hardware Store
Promotes PPP loans to smaller businesses. On Tuesday, in an effort to promote the value of the Paycheck Protection Program, President Biden visited a hardware store in Washington,…
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