Recent Reports Show PPP Funds Went to the Wrong Businesses

WASHINGTON, D.C. – Reports from the National Bureau of Economic Research (NBER) and Massachusetts Institute of Technology (MIT) released in recent days highlight just how badly the Trump administration has failed workers and small business owners during the COVID-19 pandemic. Trump’s poorly designed, poorly implemented Paycheck Protection Program (PPP) allowed for the exclusion of actual mom-and-pop businesses as wealthy corporations and the Trump-connected cashed … Continue reading Recent Reports Show PPP Funds Went to the Wrong Businesses