Federal Spending Watchdog Admits It's 'Hard to Know Where Pandemic Relief Money Went'

  • This week’s Golden Horseshoe goes to a broad sweep of federal agencies for a systemic lack of transparency that is hampering efforts to monitor many billions of dollars in COVID-19 relief spending, according to a report by the Pandemic Response Accountability Committee.
  • The PRAC was established in 2020 by the Coronavirus Aid, Relief, and Economic Security (CARES) Act to “promote transparency and conduct and support oversight” of more than $5 trillion in pandemic relief funds.
  • In a report released Wednesday, the watchdog details its difficulty in determining how funds are being spent due to federal agencies’ poor reporting on the government spending website, USAspending.gov.