President Joe Biden’s administration is asking Congress to approve more than $1.6 billion to help clean up the mess of fraud against the massive government…
Sperling said the request would be part of the budget proposal Biden is scheduled to make March 9 — but the bulk of it will be separate from the one-year appropriation request. Details would need to be ironed out with Congress.
Money went to boost unemployment insurance programs, help those in the gig economy who lost work, cover government costs and keep businesses afloat.Article content A congressional committee found that financial technology companies did not properly screen applicants for the giant Paycheck Protection Program. Fraudulent claims for unemployment benefits overwhelmed state computer systems, which sometimes had trouble identifying the fake ones while slowing down many legitimate filings.
Biden is also planning eventually to issue an executive order directing federal agencies on how to take action on identity fraud, including modernizing government systems to prevent identity theft.
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