Watchdog: US may have misspent $191B in pandemic unemployment benefits

Estimate of misspent Covid unemployment payments leaps to $191B Federal officials acknowledge that they cannot precisely identify how much federal aid was wrongfully sent out. POLITICO

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Approximately $191 billion may have been misspent, according to the updated estimate issued by DOL Inspector General Larry D. Turner. Last year, Turner’s office pegged the amount of questionable payments at about $163 billion “with a significant portion attributable to fraud.”

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