The Small Business Administration is telling lawmakers that stimulus money funding a special small business loan program will run out by the end of the week, several sources tell CNN. #CNN #News
Funds for small business loans will run out by the end of the week, sources say
And yet the feds were able to give $25 billion to the airlines??? Sad!!!
My girlfriend works as a flight attendant for Southwest Airlines. Is the airline supposed to go out of business and let go all who work for it?
Airlines are essential to our infrastructure due to lack of high speed rail options.
Troll
@William Burgess
DUMBEST FKIN PRESIDENT EVER
Michelle Mc the airlines employ over 1 million people
The system is absolutely corrupt and crooked, too many fraudulent activities from Greedy Banks and corporate America.
@A Team
I’m a critical thinker just to let you know, the government should never let financial institutions like the big banks getting involved to process applications , Republicans are honest? both are corrupt.
@Oba*** Man
Make me, you cry baby POS.
Yeah depending on your government that doesn’t care about you. Lol
So you are mad about 25 million dollars out of 2 trillion? That is your biggest outrage. I’m not your bro by the way, cleetus.
@Earnest T Bass frontline healthcare workers are special interest? You’re a fucking timmy 😂
Alexander Cartier it all stinks.
@Moe Snert So should there be more funding for the medical system, or for frontline workers. “Both sides stink” or “the whole system needs a reset” are generic responses to a question nobody asked, comrade.
@Moe Snert No trump is there because there are a large population are morons in america…Corruption didn’t put trump in, complacency and a higher valuation of greed and cheap publicity than health and education did.
I can relate to this business owner. The instructions were not clear at the small business level and this program has benefited mostly the bigger business. Sadly nothing to do. I filed my application haven’t seen anything from the bank
This is our era’s depression.
@Darrell Smith
Why do you clowns incessantly lie and repeat lies that your puppet masters feed you? Now go back and find the actual facts and the context of what he said and tell the truth, okay😉?
Still yet to be determined but did you not live through the crash of 08? For sale signs were almost as common as mail boxes.
@Darrell Smith
You have a free education at your fingertip’s. Get educated. I’m educating you for free. You want free healthcare, that someone else has to pay for🙄? The free enterprise capitalistic system is MOST responsible for the advancements in medicine and the actual creation of medicines in the world that most of you socialist countries benefit from.
If we kill the goose that laid the golden egg then we’ll just continually degrade to the point of extremely punitive tax burdens, a cost that will be to much to bear for an eventually horrific quality healthcare system that will lead to rationing and shortages and lack of access, with extremely long waits in emergency rooms and to see specialists, etc.
This is already happening to a great degree in every country that has government-run Healthcare. Why are you willing to be such slaves? The best system is a system with a healthy competitive market for those who can afford it, and a safety net set up preferably by state governments and or many other options for those who can’t. Not understanding or acknowledging the failure and ineptitude of government bureaucracies opens the door to political entrepreneurs who make a living creating dependency. Socialism always eventually fails, without exception.
The problem with left-wingers is that they eventually run out of other people’s money, then they start printing and borrowing money, eventually enslaving the people they swear to serve with mountains of debt, and eventually destroying their economies. Which is happening here and every other socialist( socialist democracies too) country in the world *(WAKE THE F UP!!!)!* Their bureaucracies produce little more than inadequacy and waste and fraud and abuse and ineptitude, AND HIGH COST, as I’ve said, as quality and access and availability and our freedoms and choices go down the drain!
Here’s some free health care for you. Take:
*~Jarrow/Zinc Balance/15mg 3-4 times a day*
*~New Chapter/Fermented C-Food Complex/250mg of C 4-6+a day*
Eat at least 5 to 10 plus servings of fruits and vegetables every day, preferably *ORGANIC* (Eat cultured foods which have probiotics in them.)an exercise; walk 10 to 20 minutes everyday. Get at least 10 to 30 minutes of sunshine everyday. Rest is essential and stay positive. Limit the fear-mongering media to a minimum everyday! There you go, free healthcare!
I can say a lot more but I’ll tell you just to live and learn my boy. I’m nearly 60 and haven’t been to a medical doctor but once in 30 years. I’m in perfect health and I never get sick from viruses and I work with the public, nearly every day all day.
Fizzgig when the depression started in 1929 it took three years before it really hit hard and set in. It did not get bad in one day or one year. The stock market went up and down between 29-32 before it bottomed out in 1932. This is just the beginning and will percolate up until it starts to effect the middle and upper middle classes.
That why low income needs other check spend money keeps business open lot small business gose bellyup without customers or buyer
unfortunately that is exactly what they are “banking” on. Eliminates all the competition for our glorious corporations.
Sorry for all of the Uber and lift drivers. They can’t get any help or unemployment 🤦🤷
I know, I feel bad for them truly…
they are not unemployed, you really need to look up the list the democrats got funded in the billions in the bill. your clearly not thinking for yourself and letting cnn do it for you
I’m sure it has nothing to do with Hedge Funds accessing those funds. It’s hilarious how DC defines “small business” vs. the every day person.
@Howard
You’re such a pathetic liar.
NONE of you have seen a Dime 😜😂
@Howard “1200 for each adult and 500 per each dependant child…3400.”
That is socialism. So was bailing out farmers for the failed tariff scam. Did they work for it? Is it a hand out? Next thing you will want is Universal Healthcare. Shame on you, It’s un-Republican, un-American and is a stepping stone to Communism. Was that Putin’s plan? Destroy America and make it Communist?
Small businesses are defined. Look it up. Learn something.
@Rachel Ash
The government intentionally killed the economy dear. They robbed us of our livelihood and income. This isn’t the creation of Marxist redistribution of wealth system like comrade Bernie wants to shove down our throats, while he remains one of the multi-millionaire ruling elites, of course.
@Rachel Ash
Let’s talk about the entire Democratic party being in the back pocket of the Chinese communist? Okay? Regarding Russia and Putin maybe your real news starved pea brain needs a little education?
*https://youtu.be/wj-wNuKmBrY* !!!
One of your own fed up with all your lies finally accepting and revealing the truth!
All the “small business” $ went to big corps. Meanwhile when are citizens going to get a second paltry $1200? Bill time is coming up again.
AGAIN??? Who got it yet????
Complete liberal propaganda. Democrats are liars.
They just said they’ve done a million loans in just a few days.
@Whitey McPrivilegedDo the world a favor ,stop talking out your @$$$. Why are you happy to see some one suffer.
@Whitey McPrivilegedDickbreath stop harassing people.
Well that was quick! with no oversight I wonder where the money really went?
@Rachel Ash wrong crybaby.
go ask the democrats, hahaha its public info,
@Uncle Ed Nothing fake about it.
@John Swo oh please. Its trumps fault that corona virus infected the country. Its also trumps fault that it infected the world. Its trumps fault that the pandemic tanked the economy. Its trumps fault that libs have been bitching and crying since nov 9 2016. you are a moron and a crybaby candyass.
@Mr407Mike mueller time? heres yur sign..
Businesses could already be back if we had nationwide testing for free and free ppe for workers.
The response to this outbreak has resulted in mass fatalities and economic collapse. We were supposed to be able to deal with a biosecurity threat like this one. Some stable genius had to work real hard to screw it up.
*And yet the feds were able to give $25 billion to the airlines??? Sad!!!*
@Muddy Water got proof of that?
@bill Murray got proof of that?
@gary the great… yes.
@Muddy Water where it at?
Google it.
What a joke….so prepared to “help” other nations reach democracy….when u can’t even sort your own back yard!
I have applied for this loan and still no answer , im forced to send my employees home and shut down my business . This was a ripoff
I just got this image in my mind ; Putin in his office with a few flunkies around him watching video of tRumpski and just belly laughing until they cry.
…the mind of the modern day liberal, hard at work. Can’t get Russia out your mind yet? Sucks to be you.
@SouthSide Chicago
I bet he swallows too.
Or the fact that dumb america closed its economy, because the media induced fear and panick and assumed it was end of the world. Then instead of blaming China and the Who blame their president who literally destroyed 80 million jobs to prevent 100k deaths.
@The Spirit Winds Seeing that 90%+ of the LGBTQXZ people vote democratic, I bet you’re right.
Who is shocked by this? Not me, anything with this administration is a disaster.
Trump 2020 landslide victory ✌️.. Greatest president America has seen since Reagan
It was congress who pass the bill, both Dems and Reps.
@NDFOOTBALL Wow. You are so American. Where are you? Idaho?
Bee Majic he is probably in Indiana!
Many businesses are taking the money and still laying folks off..
Unfortunately, that may be true for a lot of them.. They will find out when the bill is due that was a wrong decision. If I remember correctly, the loan becomes a grant that doesn’t have to be paid back if you keep your workforce. Could be wrong, but that’s what I remember.
@dkhawkee Under PPP the loan covers 8 weeks of payroll and 75% of the loan has to be on payroll costs with the rest allocated to such things as mortgage interest or rent on the business location and utilities for it. If they don’t follow those guidelines it has to be paid back. Under EIDL they have it limited to $1,000 per employee up to 10 employees for the grant portion, as long as it is used for payroll. Anything else taken out gets paid back as well.
It’s not it is what it is, why succumb to it, always other options, to bail out.
KAMP …. shameful! This is the part where deregulation gets expensive….to the little guy.
Everyone in our company had their hours cut by 50%. However, less than 2 weeks later, we went back to our full amount of hours. It had to have been the loan incentive because our sales (which fell off a cliff on 03/13/2020) have not improved much.
Therefore, I hope our hours are not decimated again.
China News Network gets punked again! lol🤣
Democrats trying to turn a second wave of checks down after shooting the first down like 4 times? Shocker.
Reality: Democrats obstruct small business funding
Filtered: Congress and law makers haven’t come up with agreement
Center Democrats and Republicans are the problem.
Actually Nancy has been fighting for more help for workers, more testing, and more help for small businesses that employ the most Americans. She keeps trying to push more money for service industry workers and for other nonessential workers. I’m sorry that republicans are being exposed as crooks, but 3 bailouts since last October for Wall Street totaling over $6 trillion dollars while the working class got $200 billion or $1200 a piece…
Some Person
Ok there’s a bit to unpack here.
A.) If the government tells businesses to shut down and then pays them to keep them from going under that isn’t a bailout. Bailouts occurs when the business was already failing and government saves them. The media and democrats generally don’t seem to know what bailouts are which is no surprise.
B.) Democrat’s are advocating for more spending because that’s what democrats do. Name me the last time democrats wanted to cut funding to something. They always advocate for more spending and as usual that spending comes from the tax payers and the national debt.
Be carful your morals don’t cost more than the paper you spend them on cuz your morals can only exist to the extent they can be payed for.