$5.4 billion in COVID aid may have gone to businesses using questionable Social Security numbers: report


The U.S. government may have awarded roughly $5.4 billion in COVID-19 aid to small businesses with potentially ineligible Social Security numbers, said a Washington Post report on Monday citing a new estimate from the Pandemic Response Accountability Committee, or PRAC. The estimate comes as the Republican-run House Oversight Committee plans to hold a hearing on Wednesday titled “Federal Pandemic Spending: A Prescription for Waste, Fraud and Abuse.”

This article was originally published by Marketwatch.com. Read the original article here.

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