U.S.S.G. § 2B1.1 provides that for cases involving fraud there is an increase in base offense level commiserate with the loss amount. The commentary to this Guideline defines "loss" both in terms of "actual loss" or "intended loss." When the fraudulent offense involves obtaining a government grant, should the entire amount of the grant be used to calculate the amount of loss, even where there was a benefit derived from the grant?

Whether the entire amount of a government grant should be used to calculate the amount of loss under U.S.S.G. § 2B1.1, even where there was a benefit derived from the grant