Nancy Pelosi is holding the American economy hostage.
But the Speaker of the House got smacked with some very bad news.
And Nancy Pelosi faced a rebellion in the Democrat Party that could seal her doom.
Nancy Pelosi and the Democrats are really testing the American people’s patience.
Approximately 22 million Americans found themselves on the unemployment line over the last four weeks as government-imposed lockdowns turned off the economy.
President Trump signed the Paycheck Protection Program into law to provide 350 billion dollars in grants to small businesses to keep their employees on the payroll.
This proved immensely popular and quickly ran out of money as small business owners raced to save their employees.
President Trump requested Congress replenish the fund with an emergency 250 billion dollars.
Instead of rising to the moment in a national crisis, Nancy Pelosi played politics.
House Speaker Pelosi held up a vote on this critical funding because she wanted a bailout for Democrat wish list items.
“The hospitals, state and local governments are on the front lines of this crisis. They’re running out — have been running out of money and desperately need emergency infusion of additional funds to care for patients and prevent greater spread and death,” Pelosi fumed.
“They also need the PPE, the personal protective equipment, in order to protect themselves, to save their lives, as they save other lives,” Speaker Pelosi added.
Pelosi’s maintained her grip on power for decades because Democrats fear crossing her.
But as this crisis escalates and millions of Americans lose their jobs and worry if they can put food on the table, even rank and file Democrat members of Congress are beginning to break ranks.
Fifteen House Democrats, led by freshman Colorado Representative Jason Crow, objected to House Speaker Pelosi’s hostage-taking.
“The @SBAgov’s Paycheck Protection Program has just run out of money, leaving business owners who are trying to pay their employees stranded.” Crow added, “We need to fund the PPP and other SBA programs — there are small businesses counting on our support.”
Former President Barack Obama’s Small Business Administration head, Karen Mills, also undercut Pelosi by telling Roll Call that the best thing Congress could do right now is just approve money for small businesses.
“Congress has to act as soon as possible,” Mills stated. “What I’m saying is: Number one, get the money replenished.”
“Complexity is not our friend here,” Mills added. “Things that have to be implemented quickly can’t have a lot of bells and whistles, or else there will be too many unintended consequences — one of which is delay. And we don’t have time to delay.”
The American people have no time for political games in the middle of a global coronavirus pandemic.
And this economic crisis was imposed by the government, and Democrats owe small business owners relief from the government lockdowns that have destroyed their livelihoods.
Great American Daily will keep you up to date on any new developments in this ongoing story.
