Sen. Joni Ernst (R-IA) and Rep. Roger Williams (R-TX) proposed legislation on Wednesday that would extend the statute of limitations to catch the potentially millions of individuals who took advantage of coronavirus pandemic-era aid.
The Government Accountability Office (GAO) made shockwaves after it released a report that found the Biden-era Small Business Administration Inspector General (SBA IG) did not fully investigate roughly two to three million referrals because it did not have enough information or correct information in its referrals.
Ernst, the Senate Small Business and Entrepreneurship chair, and Williams introduced the SBA Fraud Enforcement Extension Act to ensure that those who stole pandemic-era aid will be held accountable.
The legislation would extend the statute of limitations to ten years for fraud surrounding the Shuttered
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