How does Nancy Pelosi get away with blocking desperately needed aid?
by Byron York | April 22, 2020 05:02 PM
How does Nancy Pelosi get away with it? How does the speaker of the House, in the midst of an unprecedented pandemic crisis, delay desperately needed aid to small businesses and, in the process, escape blame in a highly politicized environment?
Pelosi didn't stand in the way of aid for just an hour or two, or a day or two. She stonewalled for two weeks while small-business people across the country struggled to stay afloat in a time in which public fear of the coronavirus and government stay-at-home orders reduced their business incomes to zero.
On March 27, President Trump signed into law an act providing $2.2 trillion to offset the financial damage of the virus. That vast sum of money was divided into several purposes. A big part of it, $349 billion, would go to a new effort called the Paycheck Protection Program. The money was intended as loans for small businesses to use for payroll, benefits, interest on mortgages, rent, and utilities. The idea was that the loans, if used for that purpose, would ultimately be forgiven. The government did not want small-business people to be forced out of business, and it did not want to bury them in debt because of an emergency they did not create.
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READ MORE: https://www.washingtonexaminer.com/opinion/columnists/how-does-pelosi-get-away-with-blocking-desperately-needed-aid
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