Misuse of Government Loans during COVID-19 Pandemic
Thousands of loans worth $312 million were granted to children during the COVID-19 pandemic, with questionable legitimacy. Additionally, loans totaling $333 million were issued to individuals over 115 years old, some of whom were marked as alive in the Social Security database.
Key Points
- Questionable legitimacy of loans granted to children during the pandemic
- Loans issued to individuals over 115 years old, some marked as alive in the Social Security database
- Efforts by DOGE to root out fraud and wasteful spending in the federal government