The Trump Administration is Denying COVID-19 Funds to Planned Parenthood
Here’s how the Trump administration is working to ensure funds from the Paycheck Protection Program — set up to assist small businesses battered by COVID-19 — won't go to the nation’s largest abortion provider: Planned Parenthood.
The Paycheck Protection Program, designed to shore up small businesses that had to close or otherwise were affected by the coronavirus pandemic, allows businesses with fewer than 500 employees to be forgiven for the principal of a government loan if they don’t lay off their employees. The employers still have to pay the interest on the loans, overseen by the Small Business Administration.
The program’s initial $350 billion fund, established in legislation passed March 30 by the House, was depleted April 16. The program received $320 billion in new funding in a bill passed by the House and signed into law by President Trump.
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Illustration: Getty Images/The Daily Signal
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