the pandemic. this is a story that unfolds in three parts. first, the fraud. just yesterday we learned that nearly 400 department of homeland security employees took pandemic unemployment aid, even though they were working. this is just a tiny fraction of the massive and brazen covid theft that has incurred since the government started doling out billions in so-called relief. the official who was in charge of overseeing the distribution of the belief has called this the biggest fraud in a generation. it was the theft of as much as $80 billion or about 10% of the $800 billion it was handed out in that paycheck protection program. that s on top of the 90 billion to 402 billion believed to have been stolen from the 900 billion covid unemployment relief program, that is a lot of money.
bring down the deficit again. and spend 300 to 900 billion extra. so you can do that and not increase the debt? here s the thing. what we re trying to do here, we are doing this responsibly. you heard directly from the president. this is something that is going to be important for middle class americans. when you think about 90% of the folks that are going to actually benefit from this are making $75,000 or less. you think about what republicans did a couple years ago. they signed off on a $2 trillion tax cut for the wealthy and did not provide anyway to pay for that. who is paying for this? you re talking about how much it might cost. who is paying for this? what we re saying is the work that this administration has done, the work that the democrats in congress has done
spends £900 billion each year. it will be transformative in terms of the economic outlook. certainly there the economic outlook. certainly there are the economic outlook. certainly there are considerable choices and businesses and indeed consumers will feel a businesses and indeed consumers will feel a difference, albeit probably marginal feel a difference, albeit probably marginal given the massive increases because marginal given the massive increases because of marginal given the massive increases because of higher energy costs. so big challenges ahead for whoever ends up with the keys to number 10. we ll find out more from the bank of england on interest rates at 12 o clock and tomorrow i ll be looking at what that decision means for you. one of the most striking images of the commonwealth games so far came from a horror crash at the velodrome on sunday. a high speed collision involving several riders resulted in england s matt walls being catapulted over the barriers
liz truss said it would have saved the taxpayer nearly £9 billion. we have got quite different proposals from the two candidates. liz truss s proposals from the two candidates. liz truss s proposals are for reversing liz truss s proposals are for reversing the corporation tax increase reversing the corporation tax increase that is coming in and the recent increase that is coming in and the recent increase in national insurance, and that is expected to cost something of the order of £30 billion cost something of the order of £30 billion. rishi sunak is of the view there billion. rishi sunak is of the view there is billion. rishi sunak is of the view there is quite a lot of uncertainty around there is quite a lot of uncertainty around at there is quite a lot of uncertainty around at the moment economically and headroom, the amount of spare cash between the government s self imposed fiscal rules is not actually self imposed fiscal rules is not actually available and i
steve: scary. brian: looking at 4 million. ainsley: this is their message. y all come in. illegals come in but stay down there. did don t come to our city. brian: no other country allows. this we are running $900 billion deficit. $900 billion all social programs committed to by americans. how many people are sitting there living paycheck to paycheck saying i think i want to spend a few thousand dollars on people i don t know who don t belong here from another country? no one would write that check. once the money arrives, they pledge it to people that have no business being here. steve: i m going to predict they do not send out the national guard because then they would be admitting it s a problem. stay tuned for that in the meantime, straight ahead on this friday, flash flood warning. the latest from las vegas and kentucky as two different severe storms put americans at risk for very dangerous conditions. brian: and three arrests and you are out. climate protesters tried t