Opponents of the small business aid package bill cited its “impact on the federal deficit and inflation.”
The U.S. Senate blocked a $48 billion aid package last Thursday to assist small businesses affected by the pandemic. This aid package was intended to provide monetary relief for restaurants, gyms, live entertainment venues, and other small businesses decimated the hardest by the lockdown mandates.
Adversaries of the bill to provide aid to struggling and indebted American small cited “its impact on the federal deficit and inflation.”
While this would be a fair argument, on that same day, the Senate, by a tally of 86-11, voted in favor of a massive $40 billion aid package for Ukraine.
Senator Rand Paul (R-KY) created a brief delay due to an objection where he demanded that verbiage be added to the bill for the Inspector General to clarify exactly how the funds would be spent.
Only 11 Republican senators voted against the $40 billion aid package for Ukraine.
- Marsha Blackburn (Tennessee)
- John Boozman (Arkansas)
- Mike Braun (Indiana)
- Mike Crapo (Idaho)
- Bill Hagerty (Tennessee)
- Josh Hawley (Montana)
- Mike Lee (Utah)
- Elaine Lummis (Wyoming)
- Roger Marshall (Kansas)
- Rand Paul (Kentucky)
- Tommy Tuberville (Alabama)
America Last Policies
Arguing that supporting small businesses in the United States has a negative impact on inflation and the federal deficit, while at the same time supporting aid to Ukraine, is the height of fiscal irresponsibility.
After all, the money that is being spent to support Ukraine will be funded by U.S. taxpayers. If their argument were factual, doesn’t Ukraine’s aid package have the same negative impact on the federal deficit and inflation?
Within this administration, the U.S. always comes last. Finding $40 billion to fund Ukraine’s war while denying small businesses financial support to assist in their survival is a brutal slap to the face of U.S. taxpayers.