A multi-billion-dollar pandemic-era stimulus program meant chiefly to help small businesses keep staff on the payroll and hire back laid off employees was poorly targeted, with only about one-quarter of the money supporting jobs that would.
75% of $800 billion Paycheck Protection Program didn't reach employees – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
A new study claims that nearly all of the $800 billion in Paycheck Protection Program (PPP) cash that was handed out by the government during the Wuhan coronavirus (Covid-19) plandemic went to [.]
A multi-billion dollar pandemic-era stimulus program meant chiefly to help small businesses keep staff on the payroll and hire back laid off employees was poorly targeted with only about one-quarter of the money supporting jobs that would otherwise have disappeared, a new Fed report shows.