Originally published at: CRENSHAW: ‘Democrats Are Lying’ About Bipartisan Coronavirus Relief Package | Sean Hannity
Rep. Dan Crenshaw ripped his Democratic colleagues Monday over their refusal to back a bipartisan Coronavirus relief bill; saying they were “lying” about claims the legislation is little more than a GOP “slush fund.”
“Dems are lying about the rescue bill. They say it’s a ‘slush fund.’ In reality, loans to big businesses PROHIBIT increases in executive pay and stock buy backs. It’s in the bill, clear as day. They don’t have real reasons for opposing this. This is pure, bitter partisanship,” said Crenshaw on social media.
Dems are lying about the rescue bill. They say it’s a “slush fund.”
In reality, loans to big businesses PROHIBIT increases in executive pay and stock buy backs. It’s in the bill, clear as day.
They don’t have real reasons for opposing this. This is pure, bitter partisanship.
— Dan Crenshaw (@DanCrenshawTX) March 23, 2020
Here is the text on the $500B portion of the bill:
Direct Lending Limitations: executive total compensation may not exceed $425,000; prohibition of stock buybacks during the duration of the loan; borrowers must maintain existing payroll as of March 13.
Dems are lying.
— Dan Crenshaw (@DanCrenshawTX) March 23, 2020
“Here is the text on the $500B portion of the bill: Direct Lending Limitations: executive total compensation may not exceed $425,000; prohibition of stock buybacks during the duration of the loan; borrowers must maintain existing payroll as of March 13. Dems are lying,” he added.
