In a staggering revelation, a recent report uncovered that up to $500 billion in COVID-19 relief funds may have been lost to fraud. The findings, brought to light by Rep. Pete Sessions (R-TX), head of the Subcommittee on Government Operations and the Federal Workforce, reveal the extent of the government's mismanagement during the pandemic. Much of this money fell into the hands of criminals and even foreign adversaries through fraudulent unemployment claims and loans.
The fraudulent activity targeted programs like the Unemployment Insurance (UI) benefits, where state workforce agencies employed individuals with past convictions for identity theft, giving organized crime groups a foothold. Shockingly, some of the easiest scams involved basic identity theft tactics, underscoring a complete breakdown in security and oversight during one of the most financially significant government relief efforts in U.S. history.
Without doubt, Black Rock, like big pharma in covid, is paying off those siding and abetting the deep state plundering federal budget for Ukraine. We have a banana republic, Marxist, calling the shots ( literally) that has infiltrated the secret service, CIA and Congress. pic.twitter.com/vuBmCJlsLG
— Beat The Cheat out of Dem (@BreakingDem) September 19, 2024
While this massive loss of taxpayer dollars occurred, the Biden administration's Inflation Reduction Act of 2022 focused on enhancing IRS enforcement rather than preventing fraud in relief programs. A significant portion of the funds from this act went to auditing Americans' PayPal or Venmo accounts with transactions exceeding $600, but little was done to recover or prevent the hundreds of billions stolen by fraudsters. The focus on relatively minor individual transactions, while large-scale fraud ran rampant, has raised concerns over misplaced priorities in Washington.
Meanwhile, America's debt crisis continues to deepen. The national debt currently exceeds $32 trillion, with no signs of slowing. A large portion of federal spending now goes toward servicing this debt, particularly through interest payments that have skyrocketed as the Federal Reserve raised interest rates to combat inflation. By the end of this fiscal year, the U.S. will have spent nearly $1 trillion on debt interest alone, dwarfing most other budget items and leaving fewer resources for essential programs like Social Security and Medicare.
This is the intention of the NWO oligarchs as expressed on the Georgia Guidestones. Maintaining humanity under 500,000,000 will require a depopulation of 94% from the current 8 billion.
The NWO reminds you to say current with all vaccinations & boosters, aka, ClotShots. pic.twitter.com/M80HVXMZ74— Thomas M. McGovern (@mcgoverntm) September 13, 2024
This colossal burden isn't just an abstract figure—its effects are already being felt. Social Security is projected to run out of funds by 2033, at which point payroll taxes will cover only about 75% of promised benefits. Despite these looming financial pressures, Congress continues to authorize massive spending packages with little consideration for long-term fiscal stability).
The COVID-19 relief fraud only exacerbates a national problem where taxpayers are forced to shoulder the increasing debt load, while much of the aid meant to assist Americans was siphoned off by criminals. This situation highlights the pressing need for greater accountability in government spending, as well as the critical importance of fiscal responsibility in the face of an ever-growing debt crisis.
At a time when the country should be tightening its belt, the wasteful and negligent handling of trillions of dollars in pandemic aid only further undermines public trust in Washington's ability to manage taxpayer funds. While politicians scramble to fund various projects, the looming specter of national insolvency grows larger, with future generations likely to bear the brunt of today's unchecked spending.
