"English/Español: Rubio Statement on Planned Parenthood Improperly Receiving PPP Loans"
Summary
A statement dated May 19, 2020 from U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, published in English and Español. It responds to reports that thirty-seven Planned Parenthood affiliates applied for and received a total of $80 million in Paycheck Protection Program (PPP) loans, which the statement calls improper. Rubio states that organizations such as Planned Parenthood, whose parent organization he says has close to half a billion dollars in assets, are not eligible for the program and that the funds must be returned. He calls on SBA to open an investigation into how the loans were made under the affiliation rules and to pursue legal options if the law was knowingly violated.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Full text
Title: English/Español: Rubio Statement on Planned Parenthood Improperly Receiving PPP Loans Date: 2020-05-19 English/Español: Rubio Statement on Planned Parenthood Improperly Receiving PPP Loans May 19, 2020 Washington, D.C. — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, released a statement regarding reports that thirty-seven Planned Parenthood affiliates applied for and improperly received a total of $80 million in loans from the Paycheck Protection Program (PPP). “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,” Chairman Rubio said. “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.” RUBIO SOBRE PLANNED PARENTHOOD RECIBIENDO FONDOS INAPROPIADAMENTE DE LOS FONDOS DEL PRÉSTAMO PPP Washington, D.C. — El senador estadounidense Marco Rubio (R-FL), presidente del Comité de Pequeñas Empresas y Emprendimiento en el senado, emitió el siguiente comunicado sobre los informes que reportan que treinta y siete afiliadas de Planned Parenthood solicitaron y recibieron un total de $80 millones de dólares en préstamos del Programa de Protección de Pago de Cheques (PPP, por sus siglas en inglés). "No hay ambigüedad en la legislación aprobada o en el registro público en torno a la aprobación que organizaciones tales y como Planned Parenthood, cuya organización principal tiene cerca de $500 millones de dólares en activos, no son elegibles para el Programa de Protección de Pago de Cheques", Rubio dijo. “Esos fondos deben ser devueltos de inmediato. Además, la Administración de Pequeños Negocios (SBA, por sus siglas en inglés) debería abrir una investigación sobre cómo estos préstamos se otorgaron en clara violación de las reglas de afiliación aplicables y si Planned Parenthood, los bancos, o el personal de la SBA sabian que estaban violando la ley, se deben buscar todas las opciones legales apropiadas". Permalink: https://www.sbc.senate.gov/public/index.cfm/2020/5/english-espa-ol-rubio-statement-on-planned-parenthood-improperly-receiving-ppp-loans
File and source
- File
- 2020-05-19_english-espa-ol-rubio-statement-on-planned-parenthood-improperly.txt
- Size
- 2,678 bytes
- SHA-256
- ba66a8daf2bfcbbddd47dfc6a4ac763f2937ea07ea83025824d5f60a4f5202a1
- Original
- www.sbc.senate.gov