Nonprofits unsure of access to small business loans as the clock ticks
Senate Democrats removed this provision from the House before the parliamentarian could give an opinion. The Congressional Budget Office clearly believed the savings would be substantial; Out of $ 7.25 billion in new PPP credits in the Aid bill, the CBO reduced its estimate of how much would be spent almost in half, to $ 3.8 billion, in the Senate version.
Democrats said despite the CBO’s new estimate, they were unaware of any large nonprofits that would be excluded from the program, and they then funneled the savings into a larger fund for restaurants. and bars as part of the final aid.
Family planning crash
Paul and other Republicans have said the membership waiver in the House bill would have made Planned Parenthood clinics eligible for loans. But Sam Lau, a spokesperson for the Planned Parenthood Federation of America, said the House provision did not target their organization, adding that Planned Parenthood affiliates “are eligible for PPP loans with or without waiver.
Last year, after pressure from the GOP, the Trump administration’s SBA informed some 38 Planned Parenthood affiliates who had been approved for more than $ 80 million in loans that they should have been banned under the rules. affiliation. But Planned Parenthood disputed this claim, and while some local offices returned the money, many others kept it.
In a May 19, 2020 letter to Planned Parenthood of Delaware, for example, SBA officials wrote that the Planned Parenthood Federation of America clearly exercises control over its affiliates. They cited the mandates and accreditation standards of each organization in the statutes of the federation, as well as the central office listing all of its local branches on its website.