Large, Troubled Companies Got Bailout Money in Small-Business Loan Program

Title: Large, Troubled Companies Got Bailout Money in Small-Business Loan Program

Link: https://www.nytimes.com/2020/04/26/business/coronavirus-small-business-loans-large-companies.html

Due to the coronavirus, tons and ton of businesses are losing tens of millions of dollars as they aren't getting any customers and most businesses closed down. The US government set up a loan program that has recently been giving businesses large amounts of cash. Its said the loan was originally meant for businesses that couldn't finance themselves but is now used being used improperly. The money has been improperly placed, isn't being repaid, or is continuously being given to the companies without being repaid first. Now they are making attempts in fixing the problem with little to no consequences. Businesses are a huge part of the US's economy, the US is also one of the wealthiest countries even if it in debt