04-25-2020, 04:57 PM
Quote:FreedomWorks, a conservative-leaning organization best known for its support of the Tea Party movement and its longtime opposition to government bailouts, has applied for a Small Business Administration loan through the Paycheck Protection Program, Congress’s emergency response to the economic downturn. The loan is to support the group’s foundation arm. As first reported in the New York Times, nonprofit groups are permitted to apply for SBA loans intended to prop up struggling businesses in the wake of the coronavirus pandemic. Those nonprofit groups include the FreedomWorks Foundation. The Times quoted FreedomWorks President Adam Brandon as saying, “I would love someone to give us free cash.”FreedomWorks and PPP: FreedomWorks is supporting the anti-shutdown protests while applying for a bailout - Vox
FreedomWorks has long opposed federal bailouts, describing the Emergency Economic Stabilization Act of 2008 as “unconstitutional.” In response to the passage of the Phase 3.5 bill earlier this week, FreedomWorks’ Jason Pye said, “The line has long been crossed. No more spending. Period. At this point, we should be focused on reopening the economy and getting Americans back to work.” And as I reported earlier this week, FreedomWorks is connected to many of the anti-stay-at-home-order protests taking place across the country.