From WSJopinion: Government spending and fraud are regular dance partners, but rarely as cheek to cheek as they were with unemployment payments during the pandemic
Wonder Land: Joe Biden says House Republicans are ‘fiscally demented.’ There must be a word for the mega-trillions he’s spent in two years. Images: AFP/Getty Images Composite: Mark KellyGovernment spending and fraud are regular dance partners, but rarely as cheek to cheek as they were with unemployment payments during the pandemic. A new report adds more evidence about the failure to protect taxpayers.
The Government Accountability Office this week released a review of the Labor Department’s handling of $878 billion in unemployment insurance handouts from April 2020 to September 2022. Labor estimates that fraud in its normal unemployment program hit $8.5 billion from July 2020 through June 2021. That’s 8.6% of outlays.
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US government estimates $60 billion in unemployment fraud claims during pandemicMore than $878 billion in unemployment insurance was paid out from March 2020 through September. But of that amount, up to $60 billion involved fraudulent claims.
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Unemployment benefit fraud possibly topped $60 billion during pandemic, GAO saysUnemployment insurance benefits fraudulently obtained during the COVID-19 pandemic have possibly reached $60 billion, according to a report from the United States Government Accountability Office that was released Monday.
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