In The NewsUS News

California Providing Millions Of Dollars For Illegal Alien Business Owners

https://dailycaller.com/

California Democratic Gov. Gain Newsom confirmed that his administration is providing economic relief to businesses in his state that do not otherwise qualify for federal aid, including those owned by illegal aliens.

“[W]e always consider those that are documented, those that are undocumented, those that are living in mixed-status families,” Newsom said Friday during a press conference. His remarks were in response to a Telemundo reporter’s question about what he was doing to support undocumented workers.

“Just yesterday, I announced the work we are doing to help support small businesses. I very specifically mentioned in my remarks yesterday that there are many businesses, tens of thousands of businesses that do not and cannot get the support of the [Small Business Administration],” the governor continued.

WATCH:

“Those individual businesses, we are making available these emergency grants through our IBank to do these micro-loans to provide access,” Newsom said.

Newsom was referencing the SBA’s role in managing the stimulus package passed by Congress. President Donald Trump on March 17 signed a $2.2 trillion relief bill for Americans suffering financially from coronavirus pandemic.

Included in that relief package is $350 billion in forgivable loans for businesses that employ less than 500 people. Each small business impacted by COVID-19 can apply for a federal loan up to $10 million.

The U.S. small business community is in dire straits. Bank of America was flooded with 10,000 applications in the very first hour it began receiving them.

However, there are stipulations for receiving these forgivable loans. Business owners cannot fire employees upon receiving funds, they must spend the money in an allotted amount of time to avoid interest, and they must be properly documented.

Such requirements make it impossible for many “mom and pop” shops to qualify for assistance, especially in a sanctuary state like California.

California’s government, entirely led by the Democratic Party, is working around such restrictions by digging millions out of its own coffers to dole out to the illegal alien community.

The state is allotting $50 million toward a micro-lending program via the California Infrastructure Economic Development Bank, or the IBank, for businesses in California that wouldn’t otherwise be eligible for SBA assistance.

“That’s an example of what we’re doing to provide support for people across the panoply, including those without documentation in the state of California,” Newsom continued on Friday.

“More will be done and more needs to be done,” he said.

 

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Support Conservative Daily News with a small donation via Paypal or credit card that will go towards supporting the news and commentary you've come to appreciate.

Related Articles

One Comment

  1. There are one million illegal aliens in NYC and close suburbs: that’s a conservative estimate. They need hospital beds , nurses, doctors and ventilators . The cities and now the suburbs are dependent upon illegals to staff enormous numbers of businesses whose profitabilies are dependent upon working illegals at poverty income levels. The high moral ground of the sanctuary programs is the PRETEXT , pretending that humanitarian concerns are the motive and anybody disagreeing is a crude beast.. The GOAL is to have an endless, easy supply of desperately poor people to work in businesses that only can exist because they are available. The immigrant vote insures a permenant democratic majority, endless stream of illegals, government dependency, poverty and all its attendant horrors. Immigration is destabilizing our Republic . These unprecedented , uncontrollable levels of migrants into our country will bring socialism, the final straw of the sanctuary programs. After our January travel ban , Wuhan’s direct flights ,after Beijing refuel , to New York’s JFK and other cities continued into February , filled with some 430,000 people with relatives in the USA. We cannot protect our children and grandchildren now.

Back to top button