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Watchdog Finds More Than $200 Billion in Potential Fraud in Pandemic Relief Programs

The Small Business Administration rushed to deliver $1.2 trillion in emergency grants and loans during the first two years of the Covid-19 pandemic, and while that spending likely played a major role in cushioning the economy and limiting the damage from the rapid-onset recession, more than $200 billion of it may have been lost due to waste, fraud and abuse, according to a new report from the agency’s Office of the Inspector General. Most of the fraud occurred in the two largest pandemic-...
Us Treasury Department Do Not Pay Office Of The Inspector General Paycheck Protection Program Small Business Administration Economic Injury Disaster Loans Paycheck Protection Program
Source: yahoo.com

MSNBC Velshi June 4, 2024 15:31:00

Pandemic-era aid programs, and should those types of programs should be made more permanent, going forward, so that you can account for those swings in the prices of food and things like that? >> we dont live in a silo, right? what happens to an individual in a way affects all of us as a community because yes, it kept people out of poverty, but it maintained the economy. usda has has the multiplier effect that snap pass on the economy. individuals are taking that home, purchasing items in their ...
Aid Programs U S Multiplier Effect Snap Pass Grocery Stores Food Production

Education Department hints at possible delay of new FAFSA

Overhauling the federal financial system and simplifying the Free Application for Federal Student Aid is a significant undertaking for the Education Department. Although the agency is making progress on the project, officials said this week the application might not be ready by Oct. 1.
United States Kim Cook Frank Ballmann Justin Draeger National College Attainment Network Office Of Federal Student Aid

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Mass. college aid programs falling behind, report says

The share of Massachusetts students who take out loans to pay for public higher education has exploded in the past two decades while the combined pressure of inflation and a lack of investment have hamstrung the impact of state-funded financial aid, according to a new report by the Hildreth Institute.
United States Bahar Akman Imboden House News Service Hildreth Institute State House News Service Akman Imboden
Source: wbur.org

BBCNEWS BBC World News June 4, 2024 05:17:00

The government in israel may have changed, but its politics looks more polarised than ever. yolande knell, bbc news, jerusalem. the united nations says it is sending a top official to afghanistan to try to convince the taliban to reverse its ban on women working for aid agencies. the un says that its locally based officials have begun meeting with ministries in afghanistan to discuss the impact on aid programs. the un humanitarian coordinator for afghanistan says the talibans decision is already...
Bbc News United Nations Yolande Knell Humanitarian Coordinator Aid Agencies Aid Programs

BBCNEWS BBC News June 4, 2024 09:13:00

13,000 remain in prison, according to the assistance association for political prisoners. its also estimated that more than 2,600 people have been killed in the military�*s crackdown on dissent so far. international condemnation, though, is growing. last week, the un security council called on the military government to release ms suu kyi in its first ever resolution on myanmar since she was ousted in a coup in 2021. how much weight that will carry, if any, frankly, with myanmar�*s military ...
Assistance Association For Political Prisoners Military S Crackdown Aung San Suu Kyi Un Security Council Military Government Aid Agencies

CNN Smerconish June 4, 2024 13:16:00

Pandemic aid programs with more than 450 convicted so far. among them, a long island doctor who used pandemic aid to put a down payment on $1.7 million yacht, a georgia businessman who used a loan to purchase a $57,000 pokemon trading card and new york man fabricated employing 400 workers, bought a navigator, maserati and 12,000 square foot florida mansion. wait, theres more. a southern california man who was convicted of using identity theft to obtain $20 million in federal relief, one person o...
Aid Programs Down Payment Long Island 7 Million 1 7 Million New York

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