Paycheck Protection Program - Page 2

Advocates for white-collar American workers and graduates are lobbying President Trump to expand his immigration executive order to stop issuing H-1B visas to foreign workers while unemployment ticks up to 36.5 million.

Former reality TV star Maurice Fayne was hit with federal bank fraud charges Wednesday for allegedly spending a $2 million coronavirus relief business loan on expensive jewelry and child support payments.

While this job loss carnage is an American tragedy, it could have been twice as bad if it weren’t for the over 30 million jobs saved by the Paycheck Protection Program (PPP), the $670 billion small business forgivable loan program.

Joe Biden’s campaign attempted to hold a virtual rally on Thursday and it melted down with tech glitches: Black screen, “Am I on?”

Treasury spokeswoman Monica Crowley said that the Paycheck Protection Program was on track to hit the administration’s target to cover half the U.S. workforce.

A special needs employee at a coffee shop stole the show at a White House event promoting the Paycheck Protection Plan on Tuesday. “I love my job and I’m excited about going back to work,” Heup said. 

The president and his team continue working to support Americans suffering the economic effects of the global coronavirus pandemic.

The Los Angeles Lakers sought and received $4.6 million from a federal government program intended to help small businesses get through the coronavirus pandemic, reports say.

A spa owner told her staff she qualified for more than $200,000 in stimulus loans, but staff knew they would be making less than what they would under unemployment.

Neighbors in Fisher Island, Florida, rejected a loan through the Paycheck Protection Program (PPP) on Friday that was meant to help small businesses.

The public health crisis is crushing America’s small business community. Economic disruption sparked by government restrictions and consumer precautions have left entrepreneurs grasping for a financial lifeline. Fortunately, the Trump administration and Congress have extended one.

President Donald Trump on Friday said he was being sarcastic when he asked medical experts about injecting disinfectants into the body to fight coronavirus.

Sen. Marco Rubio (R-FL), chairman of the Senate Small Business Committee, announced on Friday that the loans for the Paycheck Protection Program (PPP) will resume on Monday morning.

The House passed legislation on Thursday that would extend aid to small businesses and hospitals after Democrats waited two weeks to pass the legislation during the coronavirus outbreak.

The Trump administration’s program of providing funds to small businesses to keep their workers on the payroll has been under attack almost since its inception. Yet it is arguably the best designed and most effective program launched by the federal government to support the economy ravished by the coronavirus.

Senate Majority Leader Mitch McConnell (R-KY) slammed Democrat leadership on Tuesday for taking two weeks to agree to additional funding for small businesses.

President Trump’s campaign released an ad shredding House Speaker Nancy Pelosi (D-CA) for showcasing a host of gourmet treats in a pricey refrigerator after refusing to replenish the Paycheck Protection Program (PPP).

The U.S. Senate passed a $484 billion relief package on Tuesday to fund small business loans, hospital aid, and testing for the Chinese coronavirus. 

House Republican Whip Steve Scalise (R-LA) told Breitbart News in an exclusive interview on Monday that it is “sickening” to watch House Speaker Nancy Pelosi (D-CA) use small business aid as leverage to include more leftist provisions in future coronavirus legislation. 

Joe Biden senior campaign adviser Symone Sanders is blaming President Donald Trump after the Paycheck Protection Program created by the CARES Act and ran out of money.

Democrats prioritize defeating Donald Trump in the 2020 election over addressing the coronavirus outbreak, said Rep. Mike Kelly (R-PA).

Rep. Mike Johnson (R-LA) told Breitbart News that Congress had reached a $470 billion deal to fund the Paycheck Protection Program (PPP), offering his remarks in an interview on SiriusXM’s Breitbart News Sunday with host Joel Pollak.

House GOP Leader Kevin McCarthy told Breitbart News on Saturday a brutal combination of Chinese Communist Party lies and Democrat political gamesmanship led by House Speaker Nancy Pelosi have combined to inflict serious health and economic pain on the American people.

On Friday’s broadcast of MSNBC’s “The Last Word,” Rep. Debbie Dingell (D-MI) stated that the House should have passed legislation last week to put more money into the Paycheck Protection Program (PPP). Dingell said, “We should have, last week —

Fifteen House Democrats have called to replenish the small business relief fund despite House Speaker Nancy Pelosi’s (D-CA) objections.

President Donald Trump on Friday berated House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer for failing to return to Washington and get back to work.

The Labor Department announced today that 5.2 million Americans filed for unemployment benefits last week, bringing the total over the last four weeks to 22 million — or 14 percent of the people employed prior to this crisis.

Karen G. Mills, who led the Small Business Administration (SBA) under former President Barack Obama, called on Congress to act immediately to replenish the funds of the Paycheck Protection Program (PPP), which ran out of funds roughly one week after Democrats blocked the GOP’s attempt to add $251 billion to the program.

House Minority Leader Kevin McCarthy (R-CA) on Thursday’s Fox News broadcast of “Bill Hemmer Reports” slammed Democrats for delaying additional funding for small businesses amid the ongoing coronavirus pandemic.

The well has run dry on the small business loans aimed at saving jobs during the crisis.

During Friday’s Democratic Weekly Address, Sen. Ben Cardin (D-MD) argued that the Trump administration’s request to add money to the Paycheck Protection Program “will not help those still waiting to apply for urgently needed economic disaster loans and grants.” Because

Senate Majority Leader Mitch McConnell (R-KY) said on the Senate floor on Thursday that Democrats continue to hold small business aid “hostage.”

Hundreds of community banks across America are bypassing big banks on Wall Street to fuel the economic rescue of the nation’s economy, steering more than $4 billion in loans to small businesses across the country.

President Donald Trump’s Paycheck Protection Program (PPP) through the Department of Treasury and Small Business Administration has already on its first day pushed out more than $620 million to small businesses nationwide mostly through community banks.

The current economic crisis differs from any other in American history, so it demands a policy response that’s innovative enough to address it.