I just want to remind everyone that the PPP program was designed and crafted by House Democrats and put into legislation via the CARES ACT.Â
The former guy replaced the oversight with his own political lackeys and hacks...and then went about distributing a lot of the money to his buddies and donors.
President Biden is doing what he can to fix the problems. The people the PPP was intended for will finally start to get the bulk of the money instead of corporate thieves. #PPP
Biden criticizes earlier roll out of PPP as his administration changes rules to help smaller businesses:
https://www.washingtonpost.com/business/2021/02/22/biden-ppp-rules/
@TonyStark I’m so happy to see this will be limited to small business owners. We got really shut out in a lot of cases in the first round unless you had a bank relationship and it wasn’t fair. Small business keeps this country going and I’m happy that our President recognizes this.
