The CARES Act is the largest stimulus package in U.S. history.
Recipients of funding should ensure compliance with agency
guidance.
If the past is any guide, the government funds being
used to help businesses during this downturn will surely produce
False Claims Act investigations and litigation. In the five years
after 2009, when Congress passed stimulus bills to respond to
the financial crisis, the government and private
whistleblowers filed nearly 4,000 FCA cases and
recovered almost $23 billion.
On March 27, President Donald Trump signed the Coronavirus
Aid, Relief, and Economic Security Act, which provides $2 trillion
in federal funds to fight the ongoing health and economic
crisis caused by COVID-19. The CARES Act is the largest
economic stimulus package in U.S. history, more than twice as large
as the measures passed in 2009. It provides $349 billion in
loans for small businesses, $130 billion in relief for
hospitals and medical suppliers,