Posted on 04/24/2020 2:24:48 PM PDT by ransomnote
On Friday, April 24, 2020, the President signed into law:
H.R. 266, the “Paycheck Protection Program and Health Care Enhancement Act,” which provides additional fiscal year (FY) 2020 emergency supplemental funding to increase amounts authorized and appropriated for commitments for the Paycheck Protection Program authorized under section 7(a) of the Small Business Act, economic injury disaster loans and emergency grants under the CARES Act, to fund hospital and provider recovery and testing, and for other purposes.
Yup. More PDJT panicking in the face of a flu bug. You KNOW that that’s coming right.
Dear Madam Speaker: (Dear Mr. President:)
In accordance with section 306 of the Additional Emergency Appropriations for Coronavirus Response (division B of H.R. 266, the Paycheck Protection Program and Health Care Enhancement Act; the “Act”), I hereby designate as emergency requirements all funding so designated by the Congress in the Act pursuant to section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985, as outlined in the enclosed list of accounts.
The details of this action are set forth in the enclosed memorandum from the Acting Director of the Office of Management and Budget.
Sincerely,
DONALD J. TRUMP
Bttt
Soon to be looted by banks and big companies like the first one was.
Thanks for posting.
“Soon to be looted by banks and big companies like the first one was.”
yep. The first one was all too easy to loot. No one knows where the money went.
I’ve talked to several small business owners and none were able to get the PPP the first time around. Banks took two weeks to respond to their apps.
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