Biden-Harris administration failed to recoup $200B in fraudulent COVID loans, House committee says
Fox News
The Republican majority staff of the House Committee on Small Business issued a report detailing accusations of widespread mismanagement of the COVID loan system.
Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.
"In creating the COVID Lending Programs, Congress understood that the relief funds needed to be issued quickly to help businesses cope with the economic strain of the pandemic," a new report released by the committee said. Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com
"The rush to get pandemic relief funding out quickly resulted in shortcuts being taken to deliver aid quickly to small businesses in hopes of recouping improper disbursements on the back end."
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