Editorial: Crimes of the century? Monstrous COVID-19 fraud leaves taxpayers holding the bag. – Chicago Tribune/Yahoo News

Pandemic fraud is shaping up to be the biggest financial scam in U.S. history. Of the $5 trillion in relief that former President Donald Trump and President Joe Biden authorized, hundreds of billions are believed to have been ripped off. The pandemic’s first year was especially bad, with an estimated 20% of every dollar paid out going to criminals.
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Truth in Cook County
2 years ago

Let’s not forget that our city, county and state governments here were also some of the biggest abusers. They worked with DC to bail out many Chicago, school, Cook County and Illinois programs that are very inefficient and wasteful. This enabled these governments to avoid attempting any reforms to rid these programs of abuse and drive efficiency. I think the number is like $200 billion in Covid funds dumped through the city and state? Now that the funds are drying up, and with no reform in place, here comes the city and state with tax increases and talk of further… Read more »

The Railroader
2 years ago

This is the ‘Fiscal Cliff’ that these dolts did nothing to avoid: the cutoff of Uncle Fed’s spigot.

Will the Chumbolones finally vote this trash out of office? It’s Illinois…do I have to answer??

Felix
2 years ago

Some of the earliest “abusers” were the large law firms which were advising their corporate clients how to “cash in.” Many large law firms with millionaire partners got forgivable loans for their own firms and all they had to do was “titrate” their layoffs and cutbacks within the boundaries that clever regulation drafters [also lawyers] had meticulously written. If the government custodians of the handout information would publish the names of recipients and indicate both amounts and repayments (if any), the qui tam process could perhaps recover some funds, plus interest, and expose (while shaming) the abusers. Of course the… Read more »

Mark F
2 years ago

Does anyone think the fraud in other federal programs is any less? The feds will make an example of a few people and go back to business as usual. No one wants to look at this massive scale of fraud because it show what idiots the federal government can be. The last thing the feds want is anyone questioning social programs in this country which are subject to massive abuse.

Lawrence
2 years ago
Reply to  Mark F

One of the things I would like to see Trump do is put together a team of auditors and find out were all the Trillions in these bills is going. Its the taxpayer money, we should know who gets.

Hello, Indiana!
2 years ago

A quick look at the list of recipients will show that some, such as Catholic Charities ( +2M ) had their loans “ forgiven “. In fact it was publicized that fraud of less than 1M wouldn’t be prosecuted. Perhaps, hopefully, that attitude has changed.

Where's Mine ???
2 years ago

this Reason piece on 6/20 IRS report was mind blowing as well. Simply unbelievable…..
(https://reason.com/2024/06/24/vast-majority-of-pandemic-employee-retention-credit-claims-are-likely-scams-says-irs/)

The Railroader
2 years ago

Surprise!

The Chumbolones get stuck with the tab. Again.

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Wirepoints’ Mark Glennon on AM560: Why We Need to “Relentlessly” Make the Blue State-Red State Case

Glennon raised the stakes of the moment in broader civilizational terms: “This election in Illinois is not about the usual pedestrian issues… it’s about nothing less than whether Western civilization survives in our democratic republic of America because [the left], just on the open border alone, will destroy the country, and now they’re bringing in the jihadists, frankly, into the party.” Audio and summary linked here.Audio and summary linked here.

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