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In reversal, U.S. to heighten efforts to collect billions in unpaid COVID loans

Por: Portland Press Herald World December 29, 2023

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The Biden administration plans to more aggressively pursue thousands of small businesses with past-due pandemic loans, reversing an earlier policy that saw the U.S. government stop short of trying to collect an estimated $30 billion in delinquent debt. The new approach, announced Thursday, arrives months after federal watchdogs and congressional lawmakers first blasted the administration for its leniency, warning that the government risked... + full article



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