Alabama Senate candidate and former Attorney General Jeff Sessions is calling for publicly traded companies to return every dollar they received through the $2 trillion CARES Act Stimulus to the treasury, so that the funds can be properly dispersed to small businesses in need of economic relief.
Sessions called for the return of bailout money in a press release Thursday.
“The whole purpose of the CARES Act is to prevent this historic shutdown from ending thousands of small businesses,” Sessions said. “Mom-and-pop stores have been shuttered by ‘stay at home’ orders, and big corporations are taking large sums meant for the little guy. Every one of them should return these loans immediately, and the Small Business Administration should ensure those funds go to struggling small businesses first. The plain fact is that, for many, the prompt receipt of these funds will determine whether they will still be operating in the months to come.”
Sessions went on to call for stimulus funding to be expressly reserved for small businesses with less than 100 employees.
More than 200 publicly traded large companies have accessed funding through the Paycheck Protection Program, a fund set up to disperse stimulus funds to small businesses devastated by the coronavirus recession.
Treasury Secretary Steve Mnuchin has clarified that publicly traded companies with access to capital aren’t supposed to have access to the program, and has asked them to return the funds they’ve received. Some have, such as the Los Angeles Lakers. Other businesses such as Harvard University have been compelled to decline millions in stimulus funding after being publicly shamed for helping themselves despite having a $40 billion endowment.
“It’s time for those large companies to return those funds, and the Small Business Administration needs to get serious about ensuring that those loans go directly to small businesses first, as intended.“
Lindsey Graham Leads Senate RINO Coalition Urging President Trump to Protect Foreign Worker Visas
Graham led the letter of RINOs urging Trump to protect foreign labor.
Sen. Lindsey Graham (R-SC) is leading a coalition of RINOs in the Senate urging President Donald Trump to keep visas for foreign workers to take U.S. jobs.
Graham is joined by fellow RINO Sens. John Cornyn of Texas, Mike Crapo of Idaho, James Risch of Idaho, Mike Rounds of South Dakota, Todd Young of Indiana, Lisa Murkowski of Alaska, Dan Sullivan of Alaska, and James Lankford of Oklahoma in signing onto the letter that has the audacity to claim that these foreigners taking jobs from U.S.-born workers will help the economic recovery from the coronavirus pandemic.
“The coronavirus pandemic has brought devastating loss of life and livelihood across our country. As we begin to reopen, we know you have many difficult decisions to make to ensure the road to recovery balances economic wellbeing with the safety of every American,” the letter states.
“In part, that balance requires consideration of vulnerable American businesses across all industry sectors, including farming, forestry, packing, hospitality, healthcare, and communications and information technology, all which rely on non-immigrant guest workers to survive,” they added – showing that they care more about protecting corporate profits than protecting American workers.
The letter urges for Trump to specifically protect the H-2A and H-2B programs to keep so-called temporary workers in the country to steal jobs from American workers who desperately need them.
“As you know, the H-2A and H-2B programs are temporary and seasonal guest worker visa programs that allow businesses to find the help they need when no American worker is available or qualified to fill in the gaps,” they wrote, adding that they hoped the Trump administration would “continue to protect American farmers and other small business owners who work hard to provide our country with fresh food and other vital services by not pausing issuance of H-2A visas in the future.”
The entirety of the letter can be seen here:
Republican Sens. Graham, Cornyn, Crapo, Risch, Rounds, Young, Murkowski, Sullivan and Lankford write President Trump to urge him not to restrict temporary, work-based visas, which they say will help the economic recovery pic.twitter.com/BPDjcjUXyR
— Michelle Hackman (@MHackman) May 27, 2020
The letter comes in stark contrast to another letter issued by young “America First” conservatives urging President Trump to put U.S. workers first.
Big League Politics reported on how one right-wing student leader appeared last night on Fox News’ “Tucker Carlson Tongiht” to discuss the necessity of protecting U.S. workers during the coronavirus pandemic:
San Diego State College Republicans President Oliver Krvaric called for President Donald Trump to end the H-1B and OPT foreign worker programs during an appearance on Tucker Carlson Tonight on Tuesday, citing the danger the frequently abused cheap labor programs pose to the economic prospects of American college graduates.
“So essentially this giving a signal to this administration, letting them know that there is an appetite- especially among young likely voters to take care of the egregious H1B and OPT abuse that’s displacing American graduates and professionals across the board,” he said.
Krvaric had joined a coalition of College Republican groups across the country calling for an end to the visa worker programs in the midst of the recession. President Trump already enacted what has been called an immigration moratorium, but a lobbying effort by White House liberal Jared Kushner on behalf of globalist business groups limited Trump’s executive order to a few immigration restrictions.
The letter from the college Republican coalition staked out several policy proposals that would give American college graduates a real stake in mitigating the effects of the coronavirus recession.
President Trump should listen to his constituents who put him in the White House instead of the RINOs who he was elected to rebuke on immigration and other key issues.
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