Source: Zachary Warmbrodt, POLITICO, 8/14/20


Democrats are pushing to revive a troubled small business rescue program even though it incensed many employers by offering less financial assistance than promised and was riddled with fraud. Unlike the widely hailed Paycheck Protection Program, the $70 billion Economic Injury Disaster Loan program relies on loans and grants directly from the government, not private banks. Businesses reported lengthy wait times to secure aid ...

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