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  2. Audit of the Department of the Treasury’s Implementation of “Air Carrier Worker Support” under Title IV, Subtitle B, of the CARES Act (A-FA-20-040)

Audit of the Department of the Treasury’s Implementation of “Air Carrier Worker Support” under Title IV, Subtitle B, of the CARES Act (A-FA-20-040)

Title IV, Subtitle B, of The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), (P. L. 116-136) requires the Department of the Treasury (Treasury) to provide financial assistance to air passenger, air cargo, and respective contractors (collectively referred to as air carriers), that must exclusively be used for the continuation of payments of employees’ wages, salaries, and benefits. Financial assistance is to be in an amount equal to the salaries and benefits reported to the Department of Transportation (DOT) for the period April 1, 2019 through September 30, 2019. 

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Ongoing Work