Small Business Admin Disaster Fund Out Of Hurricane Money

1,042 Views | 6 Replies | Last: 23 hrs ago by MouthBQ98
C@LAg
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Yet Israel and Ukraine are eating well.

Going to need another continuing resolution before election day. (/sarcasm /not sarcasm>


https://www.forbes.com/sites/mollybohannon/2024/10/15/small-business-administration-disaster-fund-has-run-out-of-money-after-hurricanes-milton-and-helene/

The Small Business Administration's disaster loan program has depleted its funds following two back-to-back hurricanes, the administration announced Tuesday, which will likely slow recovery operationsthough people impacted by Hurricanes Milton and Helene were encouraged to keep applying for loans.

The SBA said in a press release it is out of funds and will pause new direct loan offers to disaster survivors until Congress appropriates additional fundsthough Congress is currently on recess until November.


The loan portal will remain open despite SBA having no funds, and people and small businesses in disaster areas are encouraged to continue applying for loans as the agency will keep processing their applications.

President Joe Biden echoed SBA's recommendation that people should still apply for loans, saying in a statement House Speaker Mike Johnson, R-La., "has promised that this and other disaster programs will be replenished when Congress returns," The Washington Post reported.

The SBA said despite there being no more funds, it may make "a small number of new loan offers during this time" from funds that become available through loan cancellations.
BigRobSA
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Foreign aid should be $0.00 until our checking account is in the black.

We have people here needing help and liberalism has given it all away to not_America. Totes ridic!
ts5641
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Don't bring Israel into this. Ukraine is another story. But it's typical government planning and lack of efficiency.
C@LAg
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ts5641 said:

Don't bring Israel into this. Ukraine is another story. But it's typical government planning and lack of efficiency.
screw them both.

American First. Last. Always.

Then maybe throw some of the others any scraps if there are some left.
MouthBQ98
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AG
To be Frank, we can do several things at once, and it is prudent to maintain a foreign policy that serves our long term interests that benefits Americans even as we deal with domestic issues. Given how our economy is heavily globalized, our foreign policy has domestic consequences and can't simply be ignored if we want the maximum positive outcome for Americans. The debate is what positions provide that benefit.
Fightin_Aggie
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AG
MouthBQ98 said:

To be Frank, we can do several things at once, and it is prudent to maintain a foreign policy that serves our long term interests that benefits Americans even as we deal with domestic issues. Given how our economy is heavily globalized, our foreign policy has domestic consequences and can't simply be ignored if we want the maximum positive outcome for Americans. The debate is what positions provide that benefit.
I mean I get that and it is the reason they feed you

But our foreign policy is nothing but money laundering and funding wars
The world needs mean tweets

My Pronouns Ultra and MAGA

Trump 2024
MouthBQ98
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AG
Not really. That's a major oversimplification. There are trade deals that reduce costs for American consumers and business and military alliances that stabilize trade and prevent/deter war that would disrupt markets and needlessly raise costs for everyone. I know is popular to make claims that anything outside our own borders is inconsequential or inherently corrupt and a net harm to America but that's generally not the case. There are specific things that are problems that need to be addressed on a case by case basis.
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