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GAO pegs unemployment insurance fraud tally at more than $60 billion

January 24, 2023

Via: FCW

The Government Accountability Office said in two new reports issued Monday that getting reliable data on government fraud is extremely difficult, while hazarding that unemployment insurance fraud during the pandemic may be in excess of $60 billion.

The reports come as multiple committees of the new Republican-led Congress prepare to focus oversight efforts on government spending.

“Republicans are committed to investigating fraud and conducting rigorous oversight on behalf of working families,” Jason Smith (R-Mo.), the new chairman of chair of the House Ways and Means Committee, said in a statement about the new reports.

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