The Catholic Church raked in at least $1.4 billion in taxpayer-backed loans meant to help small businesses survive the coronavirus pandemic, a new report says.
Catholic dioceses, parishes, schools and other entities made extensive use of a loophole in the feds’ Paycheck Protection Program to snag at least 3,500 forgivable loans as the pandemic scuttled worship services across the country, an Associated Press review found.
Some $200 million went to roughly 40 dioceses that have paid out hundreds of millions of dollars to victims of sexual abuse in recent years — including the Archdiocese of New York, which got at least $28 million for its executive offices while its iconic St. Patrick’s Cathedral received at least $1 million, according to the Friday report.
The so-called PPP loans were generally limited to businesses and nonprofits with fewer than 500 employees. But Catholic officials helped lobby the Trump administration to exempt religious groups from that rule, which would have disqualified many dioceses, the AP reported.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
How much did Muslims religion take in?
ReplyDeleteSo what. They are entitled as much as anyone else. You think it's the only church to get it??
ReplyDeleteJust keep redistributing the wealth. Middle class will be no more. That is what the riots should be about. When ever 'they' create a distraction, you better pay attention to what is really going on.
ReplyDeleteda poope needs da money!
ReplyDeleteSo what! At least they applied for it and got it! Now put that money where it belongs!
ReplyDeleteThis is what happens when the education system takes out home economics class. Do you even understand what is happening? Do you understand the money is being created out of thin air? I mean there is so much wrong here, not enough time to even try to catch you up to speed. But it is people who don't understand what is happening just like you that will cause us to be ruined. I can't even ask where you think the money will go or where you think it belongs. Bless it.
DeleteNo one reports the $1 Billion dollars that Pelosi's husband got to increase his misuse of the peoples funds. It only increased his and Nancy's net worth so they can buy another $25,00 dollar refrigerator
ReplyDeletethis was wrong...other churches did this as well.
ReplyDeleteShame on you, dopey popey
ReplyDeleteHow about Dr. Phil he got what 10 million or more. Then his son bought a house the next day in Cali for 11 million cash. Keeping it all in the family. So much for helping small business and people who need it. Guessing most small businesses got nothing. Banks are not going to manage all those small accts at 1 percent interest. Better to hand it out in the millions.
ReplyDeleteDr. Phil is know-it-all POS
ReplyDelete