In yet another big move exposing the depth of fraud that has pilfered federal programs, at great expense to the American taxpayer, Trump Administration Small Business Administration (SBA) Administrator Kelly Loeffler announced that she had slashed about a quarter of the contractors involved with an infamous federal program and discovered about $5 billion in fraud.
For reference, the program involved is the SBA’s 8(a) program, which has long been despised by many conservatives because of how it is intended to be a DEI-type program providing special opportunities to minority contractors. It has also long been suspected of fraud.
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