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Senators press YDC claims administrators after audit; committee seeks clearer payout and buffer estimates
Summary
Senate Finance Committee members pressed YDC claims administrators and the Attorney General’s office for clearer accounting after a committee member cited an audit showing significant past payouts and pending obligations.
Senate Finance Committee members pressed YDC claims administrators and the Attorney General’s office for clearer accounting after a committee member cited an audit showing significant past payouts and pending obligations.
A committee member summarized audit figures, saying, “It's through March 31. We've spent $130,000,000 out of the fund. That is 123,000,000 to claimants and $7,000,000 on administrative fees. We're committed to $9,000,000 over the next 2 years for claims…
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