Last month, I wrote a piece here condemning the Trump administration for refusing to disclose the beneficiaries of bailouts authorized by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The following day, the Trump administration reversed course and promised to reveal Paycheck Protection Program (PPP) loan recipients. On July 2, Trump proclaimed that PPP is “saving and supporting the jobs of tens of millions of American workers” and the program “has been a tremendous...
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from Sham Bailout Statistics Shroud Shutdown Tyranny
