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Biden Coronavirus Relief Prioritizes Funds For Non-White Business Owners

The Purge

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Restaurants and venues owned by white men will be last in line for federal relief under President Joe Biden‚Äôs ‚ÄúRestaurants Revitalization Fund‚ÄĚ (RRF), prioritizing funds for women and minority groups first.

As part of Biden’s American Rescue Plan Act of 2021, the SBA is opening the application process by which owners of restaurant, bars, and other venues can apply for federal relief to help make up for the loss of revenue as a result of economic lockdowns spurred by the Chinese coronavirus crisis.

The plan allows business owners to apply for relief of up to $10 million per business and no more than $5 million per physical location. Business owners do not have to repay the funds so long as the money is spent by March 2023.

The relief, though, is being prioritized based on race, gender, and whether or not business owners are considered ‚Äúsocially and economically disadvantaged individuals.‚ÄĚ White men, for example, who are not Veterans of the United States Armed Forces, are not eligible for ‚Äúpriority period‚ÄĚ processing and funding.

Under the guidelines of the RRF, the SBA is giving priority processing and funding to ‚Äúsmall business owned by women, veterans, or socially and economically disadvantaged individuals.‚ÄĚ

To be eligible, the business must be ‚Äúat least 51 percent owned by one or more individuals who are women, veterans, or socially and economically disadvantaged and if the management and daily business operations of the applicant are controlled by one or more women, veterans, or socially and economically disadvantaged individual.‚ÄĚ
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The Biden administration is defining businesses owned by ‚Äúsocially and economically disadvantaged‚ÄĚ individuals as those who are:
‚ÄĘPart of an ‚Äúeconomically disadvantaged Indian tribe‚ÄĚ
‚ÄĘ‚ÄúSubjected to racial or ethnic prejudice or cultural bias‚ÄĚ
‚ÄĘBlack American
‚ÄĘHispanic American
‚ÄĘNative American

(snip)

(Excerpt) Read more at breitbart.com ...

More racist policies from the Xiden Marxist administration and the KKK slave owning demonRAT party..
 

TNHarley

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More racism from our racist drooler-n-chief.
 

Turtlesoup

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Stealing money from taxpayers while being racist and discriminating against white and asian males.
 

John T. Ford

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How's that white priviledge working out for those small business owners?
 

Jim H - VA USA

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A clear violation of Equal Protection provided by the 14th Amendment.

It's institutionalized, systemic, racial and gender discrimination.

A White male is suing the Biden Admin over it...

 

rddean

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Direct farm aid has climbed each year of Trump‚Äôs presidency, from $11.5 billion in 2017 to more than $32 billion this year ‚ÄĒ an all-time high, with potentially far more funding still to come in 2020


Well if we’re going to be honest, let’s look at the entire truth. Obama gave the banks $16 billion to save the economy but made them pay it all back with interest so America actually made money off of that bank bail out.

But the money white farmers got from President Trump didn’t need to be paid back.
$32 billion in one year is double what Obama spent bailing out the banks.

and black farmers got virtually nothing. That’s not fair.

and isn’t that what racism is all about? Fairness?

that’s more than my opinion, that’s just a fact
 

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