Planned Parenthood improperly received $80 million in coronavirus funding, money they should not have received.
Fox News reports, “Thirty-seven Planned Parenthood affiliates applied for and received a total of $80 million in loans from the Paycheck Protection Program (PPP), Fox News’ “Tucker Carlson Tonight” has learned — and now the federal government wants the money back, saying the affiliates should have known they weren’t eligible for the coronavirus stimulus payouts.
The Small Business Administration (SBA) is reaching out to each involved Planned Parenthood affiliate explaining that affiliates of larger organizations with more than 500 employees aren’t eligible for PPP distributions, Fox News is told. The Planned Parenthood Federation of America (PFFA) alone has had more than 600 employees.”
Senator Marco Rubio has vowed to hold Planned Parenthood accountable. He told Fox News, ““There is no ambiguity in the legislation that passed or public record around its passage that organizations such as Planned Parenthood, whose parent organization has close to half a billion dollars in assets, is not eligible for the Paycheck Protection Program,…Those funds must be returned immediately. Furthermore, the SBA should open an investigation into how these loans were made in clear violation of the applicable affiliation rules and if Planned Parenthood, the banks, or staff at the SBA knowingly violated the law, all appropriate legal options should be pursued.”
The Trump administration has promised that no coronavirus funding would go to Planned Parenthood.
These matters must be investigated and whoever approved the loans should be held accountable. Furthermore, Planned Parenthood clearly did not qualify for these funds, as their organization is too large to receive the funds.
The loan program ran out of money quickly and Congress has moved to try to replenish it. Nevertheless, we must be asking how many legitimate, small businesses were left out of receiving money because of this $80 million. How many restaurants, hardware stores, and real medical clinics missed out on receiving this money to keep their doors open.
Marketplace.com reports that the average loan size is around $120,000 to $200,000. In total, that could be 400 to 700 legitimate businesses that could have used this money.
Planned Parenthood must be held accountable.