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Wednesday, May 20, 2020

White House: Steps were taken to exclude Planned Parenthood from coronavirus PPP funds

White House officials told Fox News on Thursday that steps were taken to ensure Planned Parenthood is excluded from the Paycheck Protection Program, which was set up to provide coronavirus relief funds to small businesses.

“Through the Paycheck Protection Program, President Trump is delivering vital relief to help small businesses keep employees on payroll,” a senior administration official told Fox News Thursday. “It’s clear that the abortion industry shouldn’t be able to qualify for those funds, which are desperately needed by small businesses.”

The Interim Final Rule (IFR) for the PPP made it clear that Small Business Administration (SBA) affiliation rules should apply to the loans, so an organization with Planned Parenthood’s corporate structure won’t qualify, according to the official.

More

https://www.foxnews.com/politics/white-house-planned-parenthood-coronavirus-ppp-loans

1 comment:

Anonymous said...

PP is a profitable enterprise, if you count selling people parts.