'Name me one productive thing Speaker Pelosi has accomplished': Kevin McCarthy rips Pelosi for Paycheck Protection Program funding hang-up
by Carly Ortiz-Lytle
| April 20, 2020 01:49 PM
Kevin McCarthy criticized House Speaker Nancy Pelosi for the delay in providing additional funding for the Paycheck Protection Program to get small businesses loans.
The House minority leader joined Fox & Friends on Monday and said Democrats continued to hold up a deal on the program and that Pelosi, specifically, has failed to help the public during the pandemic.
“Name me one productive thing Speaker Pelosi has accomplished in this pandemic. When President Trump, on Jan. 31, put in the ban from China, Feb. 24, she asked people to gather together in San Francisco. She actually fought the ban. When we wanted to put the CARES Act together, she came in, held it up. Now, we had a small-business program working. She’s now held up the money.â€
The program was established as part of the $2.3 trillion CARES Act created to offset the economic consequences of COVID-19 and the ensuing stay-at-home orders. The Small Business Administration will forgive loans if employees are paid for eight weeks.
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