In addition, the task force is charged with developing a roadmap that facilitates the cost effective recovery of the payments and return them to the federal government. This is a must pass bill. Earlier this year, The Department of Labor Office of Inspector General issued two fraud alerts announcing that it found nearly a billion dollars in unspent COVID-19 unemployment funds frozen and held by financial institutions due to suspicion of fraud. These funds were identified on millions of prepaid debit cards and issued by states to distribute supplemental federal unemployment benefits during the pandemic. (01:37–01:53)
CLAIM
Asserts that nearly a billion dollars in unspent COVID-19 unemployment funds are frozen due to fraud suspicion.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
