L.A. Times – While President Trump promoted the PPP as a tool for keeping workers employed, experts, academics and union leaders say loopholes and flaws in the program allow businesses to accept millions of dollars in forgivable loans without retaining or recalling most of their workers.

The program requires loan recipients to use at least 60% of the money on payroll and lets employers wait until as late as December to spend that money on payroll.

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World on the Run

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