PolitiFact - Businesses associated with these GOP politicians had pandemic loan program borrowings forgiven

The Instagram post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. Instagram is owned by Facebook’s parent company, Meta. Comparing the Paycheck Protection Program with student debt forgiveness is not entirely parallel, as the business loans wereU.S. Rep. Ralph Norman, R-S.C., whose businesses had their loans forgiven,"The PPP helped people remain employed while the government literally shut down much of the economy," Norman said.

Bharat Ramamurti, deputy director of the president's National Economic Council, told reporters the comparison was fair and Republicans were following aThe Instagram post and original tweet do not name a source for the loan amounts. But other social media users haveestablished by the nonprofit news organization ProPublica that tracks businesses that received loans from the program.

ProPublica’s database was made with information obtained through Freedom of Information Act requests from the U.S. Small Business Administration, which implemented the Paycheck Protection Program with the Treasury Department. The program, established by the Coronavirus Aid, Relief and Economic Security Act, aka CARES, began in March 2020 to help small businesses affected by COVID-19 cover payrolls and, in some cases, hire back employees who were laid off. Companies across the country receivedLawmakers are not excluded from participating in the Paycheck Protection Program, and politicians from

what PolitiFaux leaves out is all the dems that did the EXACT same thing.

We also rated the DNC's PolitiFact narrative control site as being unable to discern the difference between a voluntary loan and an involuntary (and unnecessary) business closure.

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You mean who took out loans to protect their businesses from THE GOVERNMENT FORCIBLY SHUTTING THEM DOWN? That is not remotely the same as people who made bad loan choices. This outlet is nothing but leftist propaganda.

sleepyinIl Shows that both programs are wrong. The democrats should have let businesses stay open. And people need to pay their loans back.

How are these 2 things even related? This is utterly moronic.

Link to the list, or it didn't happen! (I wanna know if I can vote against any in Illinois this term)

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PolitiFact - Businesses associated with these GOP politicians had pandemic loan program borrowings forgivenAn Instagram post listed 13 Republican politicians who criticized President Joe Biden’s plan to cancel student debt, but took out Paycheck Protection Program loans that the government forgave. We rated the post True. Neither of which was a good idea! Wasn’t the PPP a loan that had to be paid back? Clevadji They're all a bunch of lying thieving hypocrites.
Source: PolitiFact - 🏆 17. / 71 Read more »

College grad unemployment hits pre-pandemic level as Biden sells loan forgiveness as COVID emergencyThe unemployment rate for college graduates fell to a pre-pandemic level at the same time President Biden is citing the COVID-19 pandemic as reason to forgive student loan debt. Why didn’t Trump do it? 🤬 Bonehead trying to buy votes
Source: FoxBusiness - 🏆 458. / 53 Read more »

PolitiFact - Most relief from Biden’s student loan forgiveness plan flows to lower-income borrowers, not higherIt’s misleading to say Joe Biden’s student debt forgiveness plan is a bailout for the rich. Some borrowers with higher incomes qualify, but most of the relief goes to borrowers with lower incomes. Studies show 69% of the benefit goes to the top 60% of income earners. It’s a bailout for colleges and a thumbs up to keep raising tuition. Why don’t you strawman and fact check some things that have merit, not empty claims that don’t mean much even if true?
Source: PolitiFact - 🏆 17. / 71 Read more »

PolitiFact - Fact-checking statistics about Biden's student loan forgiveness planWe sorted through a few of the numerous claims about what President Joe Biden's student loan forgiveness plan will or won’t do — and who will be most affected: If the presidential edict survives the legal challenges. Notice how the answers are bad for your side, so you don't rate them? This is lying by omission and you're not doing it very well. Now the 'estimates' are just estimates, right?
Source: PolitiFact - 🏆 17. / 71 Read more »