A prominent Delaware law firm founded by presumptive Democratic presidential nominee Joe Biden received a Paycheck Protection Program (PPP) loan for between $150,000 and $350,000, according to records released Monday by the Treasury Department and the Small Business Administration.
The Trump campaign told Fox News that the records conflict with recent messaging from the Biden campaign that the PPP program is both ineffective and a vehicle to reward Trump “cronies.”
“Instead of attacking President Trump as an involuntary reflex, maybe Joe Biden should just say ‘thank you’ once in a while,” Trump campaign director of communications Tim Murtaugh told Fox News. “The PPP saved 51 million jobs nationally, including at Biden’s old law firm and a number of companies connected to Obama administration alums. A very likely explanation is that Biden simply doesn’t know what he’s talking about and would rather make a political weapon out of a program that helped people make their rent and mortgage payments.”
(Excerpt) Read more at:
https://www.foxnews.com/politics/biden-founded-law-firm-company-pelosi-ppp-funds