{"id":51977,"date":"2025-08-08T12:41:22","date_gmt":"2025-08-08T12:41:22","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=51977"},"modified":"2025-08-08T12:41:22","modified_gmt":"2025-08-08T12:41:22","slug":"waste-of-the-day-no-effort-to-claw-back-improper-covid-grants","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=51977","title":{"rendered":"Waste of the Day: No Effort to Claw Back Improper Covid Grants"},"content":{"rendered":"

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This story originally was published by Real Clear Wire.<\/a><\/p>\n

By Jeremy Portnoy<\/a>
\nReal Clear Wire<\/p>\n

Topline: <\/strong>The Small Business Administration\u2019s Shuttered Venue Operators grant program made $544 million of improper payments during the Covid-19 pandemic, but the SBA has not even tried to recover most of the funds, a new audit<\/a> from the agency\u2019s inspector general found.<\/p>\n

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Key facts: <\/strong>The Shuttered Venue Operators Grant program gave $16.3 billion in grants to movie theaters, concert halls and other performance venues that had to close during the pandemic.<\/p>\n

The SBA realized in 2024 that $544 million was paid to 579 businesses that may have been ineligible for the grants or did not fill out their paperwork properly. Federal law requires agencies to \u201cpromptly\u201d send demand letters asking businesses to return the improper payments, but the SBA has only sent one demand letter.<\/p>\n

\"\"<\/p>\n

SBA officials wrote a policy for sending demand letters in August 2023, but the policy had still not been approved as of November 2024. Some officials wanted the SBA\u2019s Office of Hearing and Appeals to mediate disputes over improper payments, but the Office claims it does not have the authority to do so.<\/p>\n

No demand letters can be mailed until the SBA figures out its policy. The longer it takes, \u201cthere is an increased risk that the government will not be able to collect improperly paid funds. The ability of an agency to collect delinquent debts generally decreases as debts get older,\u201d according to the inspector general.<\/p>\n

There were 220 grant recipients who voluntarily returned a total of $44 million without a demand letter.<\/p>\n

The federal government lost $161.5 billion<\/a> to improper payments in 2024.<\/p>\n

Search all federal, state and local salaries and vendor spending with the world\u2019s largest government spending database at <\/em>OpenTheBooks.com<\/em><\/a>.\u00a0<\/em><\/p>\n

Summary: <\/strong>If a private citizen accidentally lost millions of dollars, they would make every possible effort to retrieve the money. SBA officials should be treating taxpayer funds with the same amount of care.<\/p>\n

The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com<\/em><\/p>\n

This article was originally published by RealClearInvestigations and made available via RealClearWire.<\/strong><\/div>\n
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The post Waste of the Day: No Effort to Claw Back Improper Covid Grants<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

This story originally was published by Real Clear Wire. By Jeremy Portnoy Real Clear Wire Topline: The Small<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-51977","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nWaste of the Day: No Effort to Claw Back Improper Covid Grants - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=51977\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Waste of the Day: No Effort to Claw Back Improper Covid Grants - Sasquatch News Online\" \/>\n<meta property=\"og:description\" content=\"This story originally was published by Real Clear Wire. 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