LIVE BLOG: Paycheck Protection Program Updates

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“100 Days Since…” We Were Warned Up to a Quarter Million Americans Could Die from COVID-19

WASHINGTON, D.C. – One hundred days ago today, U.S. experts confirmed that 100,000 Americans could die from the COVID-19 pandemic. What at the time felt like a terrible, far-off nightmare has become all too real — as the U.S. climbs past 132,000 deaths from COVID-19 and 3… Read More

Only 143 Out Of Over 650,000 Large PPP Loans Go To Black-Owned Firms As Communities Of Color Continue To Call For Help From Trump Administration

WASHINGTON, D.C. – Thursday’s House Financial Services Subcommittee hearing revealed that only 143 Black-owned firms received a Paycheck Protection Program (PPP) loan over 150 thousand dollars, showing just how badly the Trump administration has failed to provide adequate financial assistance to businesses in communities… Read More

REPORT: Admin’s Ongoing Failure to Supply States with Tests, PPE, Ventilators

WASHINGTON, D.C. –This week, a wealth of new reports by the Washington Post, New York Times, POLITICO, PBS, and more detailed the Trump administration’s ongoing failure to make supplies and tests widely accessible to the American public and health professionals. The reports discuss supply shortages, testing… Read More

PPP Data Raise More Questions Than Answers

Trump Administration’s Partial Release of PPP Details Leads to Questions on Program’s Integrity WASHINGTON, D.C. – After weeks of stonewalling, the Trump administration acquiesced this week and released partial information on certain recipients under the Paycheck Protection Program (PPP), accounting for just 14% of recipients. Unfortunately, the error-riddled data… Read More

NEW ANALYSIS: Gilead Hands Shareholders Over $2 Billion While Shamelessly Profiteering From Taxpayer-Funded COVID-19 Drug

Gilead announced price of remdesivir at 400X what analysts say is necessary for them to profit from drug REMINDER: Gilead sued by government last year for price gouging on HIV drug developed with taxpayer funds…charging up to $20,000/year… Read More

Trump Recession Continues As 1.3 Million More Americans Lose Jobs, Small Businesses Abandoned By PPP

WASHINGTON, D.C. – The U.S. economy moved further into recession as 1.3 million more Americans joined the jobless ranks this week, with a 12.4% unemployment rate nationally. As over 18 million workers continue to collect unemployment benefits, numerous members of Congress clashed over extending expanded… Read More

Trump Targets School Funding as PPP Funds Flow to Private and Charter Schools

WASHINGTON, D.C. – Today, the Trump administration announced that it might cut federal funding for K-12 schools nationwide that refuse to reopen amid the continuing COVID-19 pandemic. Meanwhile, millions from Trump’s Paycheck Protection Program (PPP) went to support private and charter schools, many of which … Read More

“100 Days Since…” Trump Rolled Back Fuel Efficiency Standards While Public Health, Economic Fallout Accelerated

WASHINGTON, D.C. – One hundred days ago today, the Trump administration finalized its rollback of fuel efficiency standards — a staple climate policy that aimed to lower greenhouse gas pollution, and one of many environmental protections the Trump administration has attempted to weaken. Read More

Pandemic Price Increases: Drug Companies Take Advantage of Trump’s Broken Promises to Continue Putting Profits Ahead of Patients

Drug companies increased prices on 42 drugs this month, 900 so far in 2020…with more expected to come Washington, DC – Today, Patients Over Pharma responded to the new report from GoodRX that shows that 42 drugs have increased in cost by an average of 3.5%… Read More

BREAKING: Conflicted Trump Official Stands To Benefit From Methane Reform Initiative She Is Overseeing

Bloomberg Story Exposes EPA Principal Deputy Assistant Administrator Anne Idsal Has A Financial Interest In Enbridge Projects — And Enbridge Has Spent Millions Lobbying On Methane Issues WASHINGTON, D.C. – Bloomberg is reporting today that a top Environmental Protection Agency official has worked on environmental rollbacks… Read More