White House shreds Marjorie Taylor Greene over PPP loan hypocrisy

White House shreds Marjorie Taylor Greene over PPP loan hypocrisy
Image via screengrab.
Economy

In an extremely unusual move for the Biden Administration, the White House responded to an attack on the President’s student loan forgiveness plan by U.S. Rep. Marjorie Taylor Greene by announcing that the far right wing Georgia GOP Congresswoman had over $180,000 in PPP loans forgiven.

Highlighting the hypocrisy of Greene and other Republicans claiming it’s unfair to have loans forgiven at taxpayer expense, the White House also posted to Twitter that U.S. Rep. Matt Gaetz (R-FL), U.S. Rep. Mike Kelly (R-PA), U.S. Rep. Vern Buchanan (R-FL), and other Republicans attacking the administration for its student loan forgiveness program, had massive PPP loans forgiven.

“Congresswoman Marjorie Taylor Greene had $183,504 in PPP loans forgiven,” the Biden White House tweeted from its official verified Twitter account late Thursday afternoon.

That is correct.

READ MORE: Marjorie Taylor Greene’s ‘Christian Nationalist’ Declaration Is ‘Alarming’ Says Religious Liberty Executive

According to ProPublica, Rep. Greene’s family construction business took out a PPP loan on April 10, 2020, for $182,300. In total, including interest, the federal government forgave her and her family’s loan totaling $183,504.

The PPP loans, also known as the Paycheck Protection Program, originated under President Donald Trump and was facilitated via the Small Business Administration. The were $800 billion in PPP loans made, according to NBC News.

Watchdogs estimate billions in fraudulent PPP loans were forgiven.

READ MORE: Matt Gaetz Sex Trafficking Probe Moving Forward – Slowly and Quietly: Report

“For for our government just to say, you know, ‘okay, well your debt is completely forgiven.’ Obviously they have an agenda for that they need votes in November,” Greene can be heard saying ion Newsmax in the video below. “So the timing is a pure coincidence there as well, but it’s completely unfair and taxpayers all over the country, taxpayers that never took out a student loan, taxpayers that pay their bills and and you know, maybe even never went to college or just hard-working people. They shouldn’t have to pay off the great big student loan debt for some college student that piled up massive debt going to some Ivy League school. That’s not fair.”

See the White House’s tweets and video of Congresswoman Greene’s remarks below or at this link.

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}
@2022 - AlterNet Media Inc. All Rights Reserved. - "Poynter" fonts provided by fontsempire.com.