America’s fragmented and antiquated state systems were an open door to fraud
Save time by listening to our audio articles as you multitaskAccording to estimates from the Secret Service, as much as $100bn of money intended to help people get through the disruption of the pandemic was stolen. On February 1st, the newly Republican controlled House Oversight Committee held its first hearing on “waste, fraud and abuse” in the administration of America’s covid relief plans. The hearings promise to turn the issue into a political one.
The bulk of the money stolen uncovered so far came from two programmes in particular—the federal expansion of unemployment insurance and small business loans distributed through the Paycheque Protection Programme . Both were the result of two laws signed by Donald Trump: the Families First Coronavirus Response Act and the Coronavirus Aid, Relief and Economic Security Act in March 2020.
Why was fraud so easy? Some was probably inevitable, says Michele Evermore, a fellow at the Century Foundation, a think-tank, who worked in the department of labour from late 2021 to December 2022. “There was this tremendous public pressure on statesystems to get money out of the door,” she notes. Countries all over the world suffered fraud as speed was prioritised over stringency.
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