President Biden is pushing Congress to approve another $22.5 billion in new emergency aid to combat COVID-19 – even as the White House remains quiet on the billions siphoned off by scammers from past relief measures.
published by the Committee for a Responsible Federal Budget, a nonpartisan organization based in Washington.
The majority of the money allocated for emergency spending – close to $4 trillion – stemmed from two pieces of legislation: the CARES Act, passed in March 2020, and the American Rescue Plan, passed in March 2021. The remaining money came from the Response and Relief Act , Families First Coronavirus Response Act and the Paycheck Protection Program and Health Care Enhancement Act .
Prosecutors have called the theft of hundreds of billions of dollars in taxpayer money intended to aid those suffering as a result of the coronavirus pandemic the largest fraud in U.S. history.