Avatar feed
Responses: 3
LTC Stephen F.
6
6
0
Thank you my friend MAJ Dale E. Wilson, Ph.D. for posting the perspective from washington examiner.com author by Christopher Tremoglie

BREAKING: Rand Paul Accuses Dems Of 'Huge Mistake,' Blocks Refilling Restaurant Revitalization Fund
Sen. Rand Paul (R-KY) opposes the refunding of the Restaurant Revitalization Fund, as proposed by Sen. Ben Cardin (D-MD) and supported by Senate Majority Leader Chuck Schumer (D-NY), blaming 'Democrat governors' for shutdowns which harm the dining out industry.
https://www.youtube.com/watch?v=gpRviYkosDg


The Restaurant Revitalization Fund was intended to “provide funding to help restaurants and other eligible businesses keep their doors open.” It was part of President Joe Biden’s American Rescue Plan Act. However, like so many things in the Biden administration, it was plagued by chaos, mismanagement, and fiscal irresponsibility. This recklessness has contributed to the country's out-of-control inflation problem. Aware of these mishaps, Sen. Rand Paul has been trying to figure out what went wrong, but he has been thwarted at every attempt. On Wednesday, he took further action and sent a letter to Isabella Casillas Guzman, the administrator of the Small Business Administration, demanding accountability.
“The Restaurant Revitalization Fund (RRF) obligated nearly $28.6 billion to more than 100,000 eligible entities. As reported by the agency, more than 278,000 eligible applicants requested grants accounting for more than $72.2 billion,” the Kentucky Republican wrote in a letter obtained by the Washington Examiner. “Despite the program window closing seven months ago, this Committee does not have sufficient information regarding the current applicant queue and their funds requested to aid business losses.”
Additionally, in his letter, Paul requested specific information to try to resolve these vast financial inconsistencies and discrepancies. He made the request to the Small Business Administration, the group responsible for implementing RRF. Financial accountability is a phenomenon that has been missing in the government for years, but Paul is at least attempting seems to fix the problem.
The RRF was supposed to provide restaurants "with funding equal to their pandemic-related revenue loss up to $10 million per business." However, it was discovered that applicants for the funds were being prioritized on the basis of race and gender — an occurrence that was not supposed to have happened. Many felt that this was unconstitutional and discriminatory and filed a lawsuit. In response, a Texas court issued an injunction and ordered payments to stop being distributed.
The government's fiscal irresponsibility and reckless administrative application were the impetus for Paul's letter. While many in the Biden administration have sought to sweep the RRF mess under a metaphorical rug, Paul is vigorously pursuing the truth and trying to make sure such mishaps are not repeated. He is tired of the bureaucratic incompetence that haunts government spending.
Furthermore, the senator realized before many that the RRF had a myriad of problems and was destined to fail. For starters, it was underfunded at an amount of $28.6 billion. Next, there were numerous problems with its implementation. The RRF was created mainly for small businesses and "mom and pop shops" that were struggling, not major corporations. Instead, incompetent officials in the Biden administration erroneously gave money to many businesses that were supposed to be ineligible. This resulted in an exhaustion of available funds in RRF and left hundreds of thousands of eligible businesses with nothing.
The COVID-19 pandemic, unfortunately, revealed many of the terrible inefficiencies that plague our government. And, more often than not, it is the everyday citizen that suffers as a result. The Biden administration has been an embarrassment. The failure to administer relief funds to businesses properly is a stain on our reputation.
All should welcome Paul's involvement in sorting out the RRF disaster. At a time when out-of-control reckless government spending by the Biden administration is contributing to the worse inflation in decades, Paul's pursuit for accountability is sorely needed.'
FYI SFC Randy Purham SSG William Jones MSG Greg Kelly SFC William Farrell Maj Bill Smith, Ph.D. SSG Michael Noll Sgt (Join to see) ltc-joe-anderson-taz-or-joe-retired-now-in-contract-complianceCSM Bob StanekLt Col Scott ShuttleworthLTC Thomas Tennant SFC Ralph E Kelley COL Lisandro MurphyLt Col Charlie Brown SMSgt Lawrence McCarter SSG Donald H "Don" BatesPO3 Edward RiddlePO1 Sam DeelCMSgt Marcus Falleaf
(6)
Comment
(0)
LTC Stephen F.
LTC Stephen F.
3 y
RRF EIDL Policy Map Update Last piece of funding for SBA Covid Programs Good news for Restaurants
https://www.youtube.com/watch?v=7CYF-RdzQW0
FYI SFC Eric HarmonCPL Patrick Rasmusson PO3 Edward Riddle CWO4 Terrence ClarkCPL Ronald Keyes Jr
ltc-joe-anderson-taz-or-joe-retired-now-in-contract-complianceMAJ Dale E. Wilson, Ph.D.SFC Bernard WalkoGySgt Jack Wallace PO3 Charles StreichCPL Cadrew StricklandSGM Major StroupeSPC Michael Terrell1LT Voyle SmithPO3 Lynn Spalding1SG Mark Rudoplh MSG Glen MillerSSgt Marian Mitchell SGT Mary G. SFC (Join to see)
(1)
Reply
(0)
Avatar small
CSM Charles Hayden
2
2
0
MAJ Dale E. Wilson, Ph.D. Does everything the government does require “prioritization”?

“”””The RRF was supposed to provide restaurants "with funding equal to their pandemic-related revenue loss up to $10 million per business." However, it was discovered that applicants for the funds were being prioritized on the basis of race and gender — an occurrence that was not supposed to have happened. Many felt that this was unconstitutional and discriminatory and filed a lawsuit. In response, a Texas court issued an injunction and ordered payments to stop being distributed.”””
(2)
Comment
(0)
SFC Retired
SFC (Join to see)
3 y
Everything they’re doing is about prioritizing by race and gender.
(1)
Reply
(0)
Avatar small
CPT Kevin McComas
2
2
0
Well, I am not much of a Biden fan these days but let's face it, a poorly run government program that is designed to give money away is not terribly uncommon no matter who is in charge
(2)
Comment
(0)
CPT Kevin McComas
CPT Kevin McComas
3 y
laughing and shaking my head here - you nailed it
(1)
Reply
(0)
Avatar small

Join nearly 2 million former and current members of the US military, just like you.

close