Counselor706
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SourceIn an appearance on Breitbart News Saturday on SiriusXM 125 the Patriot Channel, McCarthy lit into China for lying to the world about the virus thereby unleashing it upon the planet—and into Democrats particularly Pelosi for holding up economic aid for American workers and families.
Pelosi continues to refuse to replenish the funds in the Paycheck Protection Program (PPP) Small Business Administration (SBA) loan system that Congress already authorized on a near-unanimous basis last month after the funds have run out. President Donald Trump’s administration has already given out the original $350 billion in loans to small businesses allocated in the program, but Democrats at Pelosi’s direction are refusing to help more small businesses in need.
“Understand what it is—we went into this economic crisis and remember why we are here. We are here because a virus came from China and China lied to the rest of the world,” McCarthy said. “Because of that, government asked small businesses to shut down. So we’re laying people off. How do we keep people working? How do we keep small businesses, those mom-and-pops that you know and love in your community? We created a program and what they would do is they would apply to their local banks, their credit unions, through fin-tech and others—they’d get two and a half times their expenses. They’d use 75 percent of that paying their employees, even if they’re home just pay them. Pay your rent. Pay your utilities. That becomes a grant. It’s very successful.”