Sitting on billions, U.S. Catholic dioceses amassed millions in taxpayer COVID-19 aid

As the pandemic began to unfold, scores of Catholic dioceses across the U.S. received aid through the Paycheck Protection Program while sitting on well over US$10 billion in cash, short-term investments or other available funds, an Associated Press investigation has found. And despite the broad economic downturn, these assets have grown in many dioceses.
Source: ctv business
Sitting on billions, U.S. Catholic dioceses amassed millions in taxpayer COVID-19 aid