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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Tuesday, March 11, 2025

Biden "loaned" $312 million to children




Corruptus in extremis
  • No one in either party asked any questions because no one wanted to hear the lies disguised as "answers". 



(Epoch Times) The Department of Government Efficiency (DOGE) said over the weekend that it found that the Small Business Administration (SBA) granted thousands of loans worth hundreds of millions of dollars to individuals who had an age listed as 11 years old or younger.

In a post on social media platform X on March 8 that was reposted by Elon Musk, who leads the department, DOGE wrote that in the COVID-19 pandemic years of 2020 and 2021, the SBA granted 5,593 loans worth $312 million “to borrowers whose only listed owner was 11 years old or younger at the time of the loan.”

“While it is possible to have business arrangements where this is legal, that is highly unlikely for these 5,593 loans, as they all also used [a Social Security number] with the incorrect name,” the post reads.

Also on March 8, DOGE wrote in a separate post that it found that the SBA issued 3,095 loans for $333 million to borrowers whose age was listed at more than 115 years old. Those borrowers, it stated, were listed as alive in the Social Security database, and in one instance, a person recorded as being 157 years old received loans worth $36,000, including under the Paycheck Protection Program and as an Economic Injury Disaster Loan.

theepochtimes.com





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