Kicking off its investigations into the Biden administration on Wednesday, the Republican-led House Oversight Committee will hold a hearing on COVID relief money spent during the pandemic, which Republicans argue was a “prescription for waste, fraud and abuse” and has been ignored by Democrats for the last two years of Biden’s administration.
“We owe it to the American people to get to the bottom of the greatest theft of American taxpayer dollars in history,” Republican Chairman James Comer of Kentucky will tell the committee, according to prepared remarks shared with ABC News. “We must identify where this money went, how much ended up in the hands of fraudsters or ineligible participants, and what should be done to ensure it never happens again,” Comer is expected to say in his opening remarks. About $5 trillion was set aside for pandemic response and recovery under the Trump and Biden administrations, and nearly 90% of it had been spent by last November, according to the Government Accountability Office. The committee intends to evaluate that money, which was given out largely as grants, loans and unemployment insurance, so as “to ensure those funds were appropriately used to respond to the pandemic, and not wasted on ineligible payees or unrelated matters,” per Comer’s remarks. The committee will hear from witnesses from three nonpartisan groups that have been tracking COVID-era fraud on Wednesday, each of which have found billions of dollars of money that has been stolen from programs intended to help people during the height of the pandemic.