Report: $5.4B Awarded for Potentially Fraudulent US COVID Loans

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JAN 2023

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story last updated JAN 31

The Spin

Republican narrative

The Republican-led House of Representatives was elected to rein in spending and hold President Biden’s administration accountable for their mismanagement of federal dollars. Billions of taxpayer dollars have been given to fraudsters because Biden and Congressional Democrats have been more focused on pushing money out the door than they are on conducting meaningful oversight.

Oversight Committee

Democratic narrative

Donald Trump and the Republicans are to blame for the potential defrauding of COVID-relief programs. The pandemic started under Trump’s administration, and he failed to implement adequate oversight to protect taxpayer dollars. President Biden is working to clean up his predecessor’s mess.

Political split

LEFT

RIGHT

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How to respond to pandemic relief fraud - The Washington Post

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Watchdog says federal government gave $5.4 billion in Covid aid to small businesses with ‘questionable’ Social Security numbers

More neutral political stance articles

Sketchy Social Security Numbers Possibly Landed Billions in Covid Aid

Wall Street JournalSEP 2022

Bias Split Public Figures Controversies

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© 2025 Improve the News Foundation. All rights reserved.Version 6.15.2

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.15.2