Five IRS employees allegedly received nearly $400,000 after fraudulently applying for more than $1.1 million in relief in government funding intended for small businesses damaged by the COVID-19 pandemic, the Department of Justice (DOJ) announced Tuesday.
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A Department of Defense report found that China is exploiting federal programs to steal technology, with the report stating that “China, not the U.S., is the ultimate beneficiary of DoD and other [U. S. Government] research investments,” according to a U.S. senator.
Allies of former President Donald Trump are creating a new super political action committee (PAC), MAGA Inc., that is expected to act as the key vehicle for his midterm spending on candidates he endorses.
Despite claims from Biden administration officials that new funding for the Internal Revenue Service (IRS) will not increase the auditing burden on individuals and small businesses, a Friday letter from the Congressional Budget Office (CBO) reveals new auditing activity targeting taxpayers who report less than $400,000 per year will be expected to contribute to about $4 billion in revenue.
The Secret Service said Friday it has helped recover and return to the government nearly $2.3 billion in bogus pandemic benefits, including a major new operation that netted nearly $300 million in fraudulent small business loans.
