The loan program to aid small businesses hit by lockdowns is out of cash, and Democrats have refused to approve new funds unless their demands are met.
And when she was pressed on it during her weekly conference call, House Speaker Nancy Pelosi had nothing to say. She stuttered. She stammered. She never actually answered the question.
Treasury Secretary Steve Mnuchin offered ample warning more than a week ago that the $350 billion Paycheck Protection Program would soon run dry; now the fund is out of cash.
As funds ran low, Democrats like Senate Minority Leader Chuck Schumer and Pelosi blocked a GOP push for $250 billion to save the program. They demanded more aid at once for state and local governments, hospitals and “community-based” lenders serving minorities, women and others.
Check out Pelosi's attempt to answer the question below and read more HERE.