3 chapters across the catalog
A federal watchdog reports that over $200 billion in COVID relief funds—roughly 17% of the total distributed—was lost to fraudulent claims. The Small Business Administration (SBA) is criticized for lacking safeguards during the rapid injection of money into the economy. Simultaneously, the Justice Department charges 78 defendants in a $2.5 billion Medicare fraud scheme involving unnecessary medical equipment and repackaged HIV medications.
Small Business Loans and Corporate Oversight in Stimulus Bill
A detailed breakdown of the Small Business Administration (SBA) loan program explains how businesses can receive forgivable grants for three months of payroll. The hosts contrast this with the $500 billion corporate loan fund, noting specific provisions that prevent members of the Trump administration or Congress from benefiting. They criticize Nancy Pelosi's media appearances regarding oversight of these funds.
Presidential Proclamations for Small Business and Police Week
President Obama issued several proclamations, including National Women's Health Week, which is characterized as a promotion for the Affordable Care Act. National Small Business Week is also noted, though the effectiveness of the Small Business Administration (SBA) is questioned. Finally, the President honored law enforcement for Peace Officers Memorial Day and Police Week.
