The Daily Wire
Subscribe

Pelosi Claims GOP Stalled PPP Funding. She Praised Democrats For Blocking It.

By  Ryan Saavedra
   DailyWire.com
UNITED STATES - APRIL 21: Speaker of the House Nancy Pelosi, D-Calif.,and Senate Minority Leader Chuck Schumer, D-N.Y., hold a socially distanced press conference in the Capitol after the Senate passed coronavirus relief during a pro forma session on Tuesday, April 21, 2020. The Senate passed a $483.4 billion economic relief measure Tuesday that would replenish a popular small-business loan program and provide funding for hospitals facing financial shortfalls due to COVID-19.
Bill Clark/CQ-Roll Call, Inc via Getty Images

Democrat House Speaker Rep. Nancy Pelosi (D-CA) sought on Wednesday to deflect blame for the Democrats stalling to replenish funds in the Paycheck Protection Program by claiming that it was really the Republicans who stalled the funding, which is not true.

“We’re very pleased that the Senate finally accepted the fact that we needed more money for testing, for hospitals, for lower, smaller businesses to participate in the Paycheck Protection Program,” Pelosi claimed. “It took them, that took them a couple of weeks, but they finally did.”

“Mitch McConnell likes to say we delayed the bill. No, he delayed the bill,” Pelosi falsely claimed. “So we were very pleased that he finally came around to the fact that we had to go forward with this. So he was the one wasting time. I say that because I keep hearing him say we delayed. No, he delayed.”

Pelosi’s claims are not true.

In fact, a little over a week ago, Pelosi praised Senate Democrats for refusing to pass legislation to replenish funding for the PPP.

“So, last week when they came with, they asked for a quarter of a trillion dollars in 48 hours and I said, well I don’t think so, let’s see how we can open this up to many more people,” Pelosi said. “So, Chuck Schumer and I and – this all happened on the Senate side and I congratulate the Senate Democrats, they went to the floor when Mitch McConnell went in for his 250 and they said they objected.”

 

The Daily Wire reported on Pelosi’s comments blaming Republicans earlier on Wednesday:

McConnell, of course, wanted a clean funding bill for the PPP — $250 billion in funding for the emptying program, so that it could continue operating in the interim between coronavirus relief plans. Democrats, sensing desperation, demanded the bill include a number of additional provisions, including money for hospitals, health care facilities, and state and local governments — all of which received a share of the $2.2 trillion CARES act that passed two weeks ago.

McConnell, unable to get the measure passed by unanimous consent in the Senate, was forced to negotiate — a situation that ultimately doubled the cost of the bill.

Last week, just two days before the PPP ran out of money completely, Pelosi was captured on tape in her weekly press conference suggesting that there was “no data” to support the idea that the PPP required a quick cash infusion. On Thursday, before the end of the day, the fund ran out of money.

“Senate Republicans wanted more funding for Americans’ paychecks nearly two weeks ago, before the program even shut down. But in the days that our Democratic colleagues delayed these urgent funds, additional federal help for hospitals, healthcare providers, and testing became timely as well,” McConnell said. “Republicans have always supported more medical funding as soon as necessary. So I am proud this package will provide roughly $75 billion more to fund hospitals and healthcare providers in this crisis.”

“It’s unfortunate that it took our Democratic colleagues 12 days to agree to a deal that contains essentially nothing that Republicans ever opposed,” McConnell continued. “In my view it is indefensible that Main Street small businesses and their workers had their assistance cut off for partisan ‘leverage.’ That was the word of choice for one leading House Democrat – ‘leverage.’”

The Daily Wire, headed by bestselling author and popular podcast host Ben Shapiro, is a leading provider of conservative news, cutting through the mainstream media’s rhetoric to provide readers the most important, relevant, and engaging stories of the day. Get inside access to The Daily Wire by becoming a subscriber

Read more in:

91 days until election

Don't miss a beat of our coverage.

The Daily Wire
AboutAdvertise With UsBook our SpeakersHelp CenterContact Us
Standards & PoliciesPrivacy PolicyTerms of UseCareersInternships
FacebookTwitterInstagramYouTubeRSS
© Copyright 2020, The Daily Wire