Tag Archives: 501(c)(5)

Pelosi Support for Corporate Lobbyist Bailout Denounced as ‘Dumbest Political Maneuver You Could Possibly Make Right Now’

“Pelosi has run the House of Representatives by fiat for close to two months, and there hasn’t been a single word of protest as she locks every other member of the Democratic caucus out of policymaking.”

By Jake Johnson, staff writer for Common Dreams. Published 5-7-2020

Photo: Gage Skidmore/flickr

House Speaker Nancy Pelosi has thrown her support behind a proposal to allow corporate lobbying groups to receive bailout money from a Covid-19 relief program meant for small businesses, a move one critic bluntly described as the “dumbest political maneuver you could possibly make right now.”

During a webinar with small business representatives on Tuesday, Pelosi said the next coronavirus relief package will include a change to the Paycheck Protection Program (PPP) that would permit 501(c)(6) organizations to receive forgivable taxpayer loans. Continue reading

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