Members of Congress Profited From COVID Bailout While Small Businesses Were Shut Out
This new analysis of how members of Congress benefited from the CARES Act comes as Congress failed to provide as much relief for ordinary workers as many had hoped in the latest round of stimulus.
{Sludge found that 18 congressional Republicans and one Libertarian have received $21.7 million for 38 businesses with which they are associated. Nine Democrats received $6.1 million for 11 of their own businesses. An additional roughly $54 million went to nonprofits, think tanks and policy institutes, congressional caucuses, and higher education institutions tied to members of both parties.
While the majority of Democrats and Republicans voted to pass Monday’s COVID relief package, two Democrats and 57 Republicans voted against it. Among the Republicans who voted to not fund a second round of PPP, among other provisions, are 10 who received $15.3 million in PPP loans from the CARES Act.}
When nonprofit profits from being given our tax dollars? When we give our tax dollars to public relation firms to manufacture mis/disinformation for our MSCM. Also in this new PPP, a tax cut buried within for the most wealthy worth 120 billion. Not only does it look like small businesses are going to get left out again, but that a decent amount of our representatives have managed to primarily include themselves in this round. And Biden is already talking about creating his own relief measures when he takes power. O! Joy! I can't wait. The bill was just passed and these asshats made sure to get their loans off the top of the pile. Had enough yet!?!
{The result is the first publicly-searchable database of COVID bailout money for members of Congress. Sludge is making this one-of-a-kind database available to the public to promote transparency about the loans, which have been scrutinized from the beginning as mostly benefiting wealthy Americans.}
Are any of yours in there?
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Feel free to reply to any comment by clicking the "Reply" button.I'M SHOCKED!!! SHOCKED I TELL YA!!!
Not really lol
Even Pelosi's husband was involved with a company that got PPP money.
Piece2YourPuzzle
Level 8
Dec 25, 2020
1
The the governmental holiday issue of payola.
A lot of them with spouses have. Omar's husband has been reported to have brought in $135k from the PPP and another 500K for bailout relief. And over 2 million to his firm (E street group) working on her campaign beginning this year.
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