PPP loan

Supporters of Joe Biden's plan to cut student debt have pointed to another program that offered loan write-offs—including some to businesses owned by GOP ...

[posted](https://twitter.com/JudiciaryGOP/status/1562485669339213827): "If you take out a loan, you pay it back. She has criticized the president's student debt plan in appearances on [Newsmax](https://www.newsweek.com/topic/newsmax) and Real America's Voice. In a reply to Harvard Law School professor Laurence Tribe, who welcomed Biden's announcement, Trump Jr. Period." [Mitch McConnell](https://www.newsweek.com/topic/mitch-mcconnell) said it was a " [slap in the face](https://www.newsweek.com/borrowers-paid-student-loan-debt-feel-punished-joe-biden-white-house-forgiveness-plan-1736666) to working Americans who sacrificed to pay their debt or made different career choices to avoid debt." [Joe Biden](https://www.newsweek.com/topic/joe-biden) announced his plan to [slash student debt for millions of Americans](https://www.newsweek.com/how-get-student-loan-debt-forgiveness-joe-biden-white-house-plan-1736543) on Wednesday, [Republicans](https://www.newsweek.com/topic/republicans) argued that the program would transfer money from blue-collar Americans to wealthy graduates.

The White House name-dropped six GOP members of Congress whose businesses received six- or seven-figures' worth of PPP loan forgiveness.

[took out loans](https://www.forbes.com/sites/nicholasreimann/2021/10/08/joel-osteens-megachurch-reportedly-paying-back-44-million-ppp-loan/?sh=741e34eb638f). [a barrage of criticism](https://www.forbes.com/sites/nicholasreimann/2022/08/24/progressives-praise-bidens-student-debt-cancellation-as-gop-and-moderates-voice-concern/?sh=446bcc7974da) from Republican lawmakers for his move Wednesday to cancel $10,000 in federal student loan debt for borrowers making less than $125,000 a year, with $20,000 in debt relief for those under the income threshold who received Pell Grants. A [study](https://www.stlouisfed.org/publications/regional-economist/2022/jul/was-paycheck-protection-program-effective) published last month by the Federal Reserve Bank of St. Senate Majority Leader Mitch McConnell (R-Ky.) was among the first lawmakers to speak out against the plan, castigating it as "a slap in the face to every family who sacrificed to save for college." It has been marred by reports of fraud and abuse, and instances in which larger and more well-heeled employers [account](https://twitter.com/WhiteHouse/status/1562916200866267138?s=20&t=lgKh7i95Nt6Sz3pkeXH0IQ) quote-tweeted criticisms of Biden's plan voiced by Republican Reps. The six tweets in the White House's thread were the six most popular on the platform published between 4 p.m. [Progressives Praise Biden’s Student Debt Cancellation As GOP And Moderates Voice Concern](https://www.forbes.com/sites/nicholasreimann/2022/08/24/progressives-praise-bidens-student-debt-cancellation-as-gop-and-moderates-voice-concern/?sh=446bcc7974da) (Forbes) [Biden’s Student Loan Forgiveness Plan: Here’s Who Benefits Most—And Least](https://www.forbes.com/sites/dereksaul/2022/08/24/bidens-student-loan-forgiveness-plan-heres-who-benefits-most-and-least/?sh=c02248d64133) (Forbes) [Joel Osteen’s Megachurch Reportedly Paying Back $4.4 Million PPP Loan](https://www.forbes.com/sites/nicholasreimann/2021/10/08/joel-osteens-megachurch-reportedly-paying-back-44-million-ppp-loan/?sh=741e34eb638f) (Forbes) Matt Gaetz (R-Fla.) critical of funding the Ukrainian military. and 7 p.m. [received PPP loans](https://www.washingtonpost.com/business/2020/07/06/sba-ppp-loans-data/), as did several of Kelly’s car dealerships and a [company owned by](https://projects.propublica.org/coronavirus/bailouts/loans/taylor-commercial-inc-1932537103) [Greene’s family](https://disclosures-clerk.house.gov/public_disc/financial-pdfs/2020/10042733.pdf). [student loan debt](https://www.forbes.com/sites/dereksaul/2022/08/24/bidens-student-loan-forgiveness-plan-heres-who-benefits-most-and-least/?sh=c02248d64133) for many borrowers, pointing out that some of the critics’ businesses had more than $1 million in federal loans forgiven as part of the pandemic-era Paycheck Protection Program.

The White House on Thursday called out Rep. Marjorie Taylor Greene's (R-Ga.) criticism of President Biden's plan to forgive some student loans, ...

[also announced yet another extension](https://thehill.com/homenews/administration/3611977-biden-cancels-some-student-loan-debt-extends-pandemic-payment-pause/#:~:text=Loan%20payments%20were%20first%20put,more%20than%2040%20million%20Americans.) of a freeze on federal student loan repayments and interest accrual, just before the Aug. The White House Twitter account has created a thread below its response to Greene’s criticism, with similar responses to other Congressional critics of the student loan debt announcement. [Data from ProPublica shows the loan and accrued interest](https://projects.propublica.org/coronavirus/bailouts/loans/taylor-commercial-inc-1932537103) for Greene’s company, Taylor Commercial, Inc., which reportedly would go to payroll, was forgiven. [Rising](https://thehill.com/hilltv/rising/) [THE HILL TV](https://thehill.com/hilltv/) [See all Hill.TV](https://thehill.com/hilltv) [See all Video](https://thehill.com/video) [Administration](https://thehill.com/homenews/administration/) [National Security](https://thehill.com/policy/national-security/) [News](https://thehill.com/blogs/blog-briefing-room/news/) [Education](https://thehill.com/changing-america/enrichment/education/) [See All](https://thehill.com) The congressmen whose PPP loan amounts were revealed include Reps. “That’s not fair.” [Biden](https://thehill.com/people/biden/) [House of Representatives](https://thehill.com/organization/house-of-representatives/) [Joe Biden](https://thehill.com/tag/joe-biden/) [loan freeze](https://thehill.com/tag/loan-freeze/) [Marjorie Taylor Greene](https://thehill.com/tag/marjorie-taylor-greene/) [Newsmax](https://thehill.com/company/newsmax/) [ppp loans](https://thehill.com/tag/ppp-loans/) [ProPublica](https://thehill.com/company/propublica/) [Student loan forgiveness](https://thehill.com/tag/student-loan-forgiveness/) [student loans](https://thehill.com/tag/student-loans/) [Taylor Commercial Inc.](https://thehill.com/company/taylor-commercial-inc/) [White House](https://thehill.com/organization/white-house/) [House](https://thehill.com/homenews/house/) [House](https://thehill.com/homenews/house/) [Healthcare](https://thehill.com/policy/healthcare/) [News](https://thehill.com/blogs/blog-briefing-room/news/) [See All](https://thehill.com/homenews/house/) [has garnered praise from Democrats](https://thehill.com/homenews/administration/3614316-progressives-hail-biden-for-action-on-student-loans/), while Republicans [have criticized the economics](https://thehill.com/policy/finance/3566666-gop-ramps-up-efforts-to-rein-in-biden-on-student-debt/). [responded on Wednesday to reporters’ questions](https://thehill.com/homenews/administration/3614741-asked-if-student-debt-relief-is-fair-biden-takes-jab-at-gop-tax-cuts/) about whether the debt forgiveness is unfair to those who have already paid off or chose not to take out loans, taking a swing at tax cuts on the rich. 31 expiration date set [when the deadline was last pushed back](https://thehill.com/homenews/administration/3259770-biden-extends-student-loan-freeze-through-august/). [knocking the just-announced debt cancellation](https://thehill.com/homenews/administration/3611977-biden-cancels-some-student-loan-debt-extends-pandemic-payment-pause/) in a Newsmax interview as “completely unfair.” [said in the Newsmax interview](https://www.youtube.com/watch?v=sGhwIYLAuiw), which aired Wednesday.

Biden rips Republicans for criticizing his massive student debt forgiveness the same day on Twitter: 'I will never apologize for helping America's middle ...

Kevin Hern (R-OK), who it says, had over $1 million in PPP loans forgiven; and Rep. Markwayne Mullin (R-OK), who it says, had over $1.4 million in PPP loans forgiven; Rep. Vern Buchanan (R-FL), who it says, had over $2.3 million in PPP loans forgiven; Rep. Matt Gaetz (R-FL), who it says, had $482,321 in PPP loans forgiven. Loan forgiveness, like the Inflation Reduction Act before it that addressed climate change and health care, is giving Biden some policy wins to point to. [wrote](https://twitter.com/SenTedCruz/status/1562479098454085634?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1562479098454085634%7Ctwgr%5E1ea0734357ec1e6d02d8823b55e801eb3f316485%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ffortune.com%2F2022%2F08%2F24%2Fbiden-student-loan-forgiveness-reactions-politicians-economists-warren-sanders-cruz-mcconnell%2F) on Twitter.

President Joe Biden released details Wednesday of a student loan debt relief program, aimed at easing burdens impacting 43 million Americans. A day after ...

Matt Gaetz, ($482,321 forgiven) as well as several others, six in all. Vern Buchanan, who had more than $2.3 million in PPP loans forgiven as well as Congressman MarkwayneMullin ($1.1 million forgiven) and Rep. This after Greene appeared on television saying, "for our government just to say OK, your debt is completely forgiven ...

The White House called out members of Congress objecting to student loan forgiveness, tweeting how much of their own PPP debt was forgiven.

The White House isn't breaching anyone's privacy by tweeting out these representatives' PPP debt forgiveness numbers. This was particularly ironic considering that many of these critics' own Paycheck Protection Program (PPP) loans had previously been forgiven by the government as well. Predictably, this caused certain others to loudly object to the perceived injustice of it all — few as loudly as the conservative members of Congress.

"Congresswoman Marjorie Taylor Greene had $183504 in PPP loans forgiven," the White House tweeted.

[DOJ ordered to release redacted Mar-a-Lago search warrant affidavit](/2022/08/25/mar-a-lago-search-fbi-release-judge) [MAGA Republicans](https://www.axios.com/2022/06/19/texas-gop-convention-maga) don't just threaten our personal rights and economic security," [Biden said](https://www.pbs.org/newshour/politics/watch-biden-calls-for-democrats-to-vote-in-midterm-elections-slams-semi-fascism-in-gop). They refuse to accept the will of the people. They don't believe in democracy. Mike Kelly (R-Pa.) tweeted, "Asking plumbers and carpenters to pay off the loans of Wall Street advisors and lawyers isn’t just unfair. Marjorie Taylor Greene (R-Ga.) saying, "For our government just to say, 'OK, your debt is completely forgiven.' ... They embrace ... [Axios' Josh Kraushaar](https://www.axios.com/2022/08/25/democrats-student-loan-backlash) reports. It's also bad policy." [$987,237](https://twitter.com/WhiteHouse/status/1562916210819436544?s=20&t=TlUTXEN01K4-Z7UqB02N6g), Mullin at over [$1.4 million](https://twitter.com/WhiteHouse/status/1562916206419509248?s=20&t=TlUTXEN01K4-Z7UqB02N6g) and Hern at over [$1 million](https://twitter.com/WhiteHouse/status/1562916208441180161?s=20&t=TlUTXEN01K4-Z7UqB02N6g). [Biden administration's plan](https://www.axios.com/2022/08/24/student-loan-forgiveness-debt-cancel-biden) cancels up to $20,000 in student debt for [Pell Grant recipients](https://www.axios.com/2022/08/24/pell-grants-student-loan-forgiveness) and up to [$10,000](https://www.axios.com/2022/08/23/biden-expected-student-loan-forgiveness) for individual borrowers who make under $125,000 per year. It's completely unfair."

Buchanan, who according to the White House had more than $2.3 million in PPP loans forgiven, tweeted that Biden's move was “reckless” and a “unilateral student ...

The requirements for federal student loan forgiveness have been Pell Grant recipients, who make up the majority of student loan borrowers, will be eligible for an additional $10,000 in debt relief, for a total of $20,000. Vern Buchanan of Florida, Marjorie Taylor Greene of Georgia, Mike Kelly of Pennsylvania, and Markwayne Mullin and Kevin Hern of Oklahoma — who it said had tens of thousands of dollars in PPP loans forgiven as part of a federal program intended to help those harmed by the coronavirus. [tweeted](https://twitter.com/VernBuchanan/status/1562476231790137344) that Biden's move was “reckless” and a “unilateral student loan giveaway.” [“it’s completely unfair”](https://twitter.com/WhiteHouse/status/1562916200866267138) for student loans to be forgiven, had $183,504 in PPP loans forgiven, according to the White House. [tweeted ](https://twitter.com/MikeKellyPA/status/1562505333456896002)that Biden's move was poised to benefit “Wall Street advisors” at the cost of “plumbers and carpenters,” had $987,237 forgiven, the White House said.

Critics of President Biden's student loan forgiveness plan are being called out with Paycheck Protection Program (PPP) loan receipts.

The PPP loans were given to people and businesses during the worst of the pandemic — even if, sometimes, those who didn't necessarily need the money received it. [announced](https://www.nytimes.com/2022/08/24/business/biden-student-loan-forgiveness.html) Wednesday (Aug. So it's natural folks went digging once the complaints of student loan debt forgiveness began popping up on our Twitter feeds.

Biden announced on Wednesday a plan by the federal government to forgive $10,000 of federal student loan debt, and an additional $10,000 for Pell grant ...

officials unveil $40 million proposal to make classrooms safer](https://www.masslive.com/politics/2022/08/in-wake-of-uvalde-texas-school-shooting-mass-officials-unveil-40-million-proposal-aimed-at-making-classrooms-safer.html) [wrote](https://twitter.com/RepMullin/status/1562965906572972032). Kevin Hern for having over $1 million in PPP loans forgiven. [responded](https://twitter.com/jonathanolsen31/status/1563123449886674947) to Gorka. [tweeted](https://twitter.com/Neoavatara/status/1562988977682251777). “Taxpayers that never took out a student loan, taxpayers that pay their bills and maybe never went to college and are just hard working people, they shouldn’t have to pay off the great big student loan debt for some college student.” [tweeted](https://twitter.com/71Elvis77/status/1563004055206518787). Markwayne Mullin for having over $1.4 million in PPP loans forgiven and Rep. Small Business Administration during the COVID-19 pandemic. Vern Buchanan for having over $2.3 million in PPP loans forgiven, Rep. [Gorka](https://twitter.com/SebGorka/status/1563063240082370560), a former deputy assistant to President Trump, tweeted. “It’s completely unfair,” said Rep.

Marjorie Taylor Greene said for the government to say debt is forgiven "is completely unfair." The White House tweeted back that she had more than $183000 ...

He had more than $1.4 million in PPP loans forgiven, according to the White House. According to the White House, Greene and others benefited heavily from this loan forgiveness. Markwayne Mullin of Oklahoma said farmers, ranchers, small business owners and teachers in his state don't need to be "paying the debts of Ivy League lawyers and doctors across the U.S." "And taxpayers all over the country, taxpayers that never took out a student loan, taxpayers that pay their bills and maybe even never went to college and are just hardworking people, they shouldn't have to pay off the great big student loan debt for some college student that piled up massive debt going to some Ivy League school. "I know firsthand the sacrifices people make to receive an education," he said. Pell Grants declined by 39% during that time and veterans' benefits declined by 3%. Biden's plans, and said that forgiving student loans isn't fair for those who didn't go to college. The program was sometimes plagued by fraud. "For our government just to say, 'OK, well your debt is completely forgiven'...it's completely unfair," she said, according to a clip of the broadcast that was shared by the White House. After some Republican lawmakers tweeted or went on broadcasts to condemn the decision, the White House Twitter page responded by quote tweeting their comments – and sharing just how much each of them benefited from having their Paycheck Protection Program loans forgiven. Under the plan, borrowers who earn less than $125,000 will be eligible to have Those in that income range who had Pell Grants in college will be eligible for an additional $10,000 in forgiveness.

He's canceling an additional $10,000 for those who received federal Pell Grants to attend college. Biden also extended a pause on federal student loan payments ...

Mike Kelly of [Pennsylvania](https://www.fox29.com/tag/us/pa). The pause is now set to run through the end of the year, with repayments to restart in January. Vern Buchanan and Matt Gaetz of [Florida](https://www.fox35orlando.com/tag/us/fl); Reps. Marjorie Taylor Greene](https://www.fox5atlanta.com/tag/people/marjorie-taylor-greene) of Georgia; Reps. They also argued that PPP loans were approved by Congress, unlike the executive action Biden took this week on student loan forgiveness. About 60% of borrowers are recipients of federal Pell Grants, which are reserved for undergraduates with the most significant financial need, meaning more than half can get $20,000 in relief.

As Biden eases student loan debt for millions, a simple phrase is puncturing criticism from conservatives like Marjorie Taylor Greene.

Users drew attention to an NFL star posting a symbolic black square after hanging out with Donald Trump; the Baltimore police department’s supportive words years after the death of Freddie Gray; and a host of other apparent changes of heart. It was just one of a series of digs at critics: the Florida congressman Matt Gaetz, the White House said, had more than $482,000 in PPP loans forgiven, while the Pennsylvania congressman Mike Kelly got off the hook for more than $987,000. It’s not the first time the meme has been widely deployed to illustrate double standards on a national scale. Those closer to the seats of power also received helpful feedback. Now Biden’s debt cancellation has given the phrase new life: “This you?” is rolling through Twitter like a bowling ball, toppling critic after critic as it nullifies their claims. Bailing out irresponsible behavior will spur more irresponsible behavior.” “This you”?

Pence Group, LLC, was loaned $79441 in July 2020 under the Paycheck Protection Program.

"In the height of an unprecedented pandemic where businesses across the country were forced to close, PPP loans were distributed to keep people employed since they had no choice but to shutter completely. “Only someone like Joe Biden who has been living off taxpayer dollars for fifty years can confuse the difference between PPP loans and Student Loan handouts," Pence said. Follow her on Twitter: The government forgave $80,180 worth of loans and accrued interest for Pence Group, LLC. As of Friday afternoon, the White House account had not targeted Pence. Unlike student loans, the PPP loans were intended to be forgivable, if certain criteria was met, from the start.