Nikki Haley misleads when calling to rescind COVID funds. Most of the money is allocated for certain purposes.
"The checks just haven’t gone out the door," said Joshua Sewell, a senior policy analyst for Taxpayers for Common Sense, a watchdog organization based in Washington, D.C.
Sewell said the real amount available, as in unspent and unobligated, is less than $100 billion. He said it would be easy to rescind what’s unspent and unobligated; just as a pen stroke created the money, a pen stroke could take it away. "With unobligated funds, an act of Congress signed by the president takes away just as easily as it gives," Sewell said."Unobligated funds are still sitting in the Treasury.""The agencies haven’t awarded them, they don’t have signed contracts, or haven’t implemented them under whatever agency rules govern the particular program," he said.As of Jan. 31, the most recent date for governmentwide data, the Government Accountability Office$4.
On April 13, the 70-member Republican Main Street Caucus wrote to House Speaker Kevin McCarthy, R-Calif., and said about $70 billion in COVID-19 relief money was left unspent and unobligated.
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