Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(62,775 posts)
Fri Jul 10, 2020, 05:14 AM Jul 2020

After lobbying, Catholic Church won $1.4B in virus aid

Source: Associated Press

AP: After lobbying, Catholic Church won $1.4B in virus aid

By REESE DUNKLIN and MICHAEL REZENDES
July 10, 2020

NEW YORK (AP) — The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid, with many millions going to dioceses that have paid huge settlements or sought bankruptcy protection because of clergy sexual abuse cover-ups.

The church’s haul may have reached -- or even exceeded -- $3.5 billion, making a global religious institution with more than a billion followers among the biggest winners in the U.S. government’s pandemic relief efforts, an Associated Press analysis of federal data released this week found.

Houses of worship and faith-based organizations that promote religious beliefs aren’t usually eligible for money from the U.S. Small Business Administration. But as the economy plummeted and jobless rates soared, Congress let faith groups and other nonprofits tap into the Paycheck Protection Program, a $659 billion fund created to keep main street open and Americans employed.

By aggressively promoting the payroll program and marshaling resources to help affiliates navigate its shifting rules, Catholic dioceses, parishes, schools and other ministries have so far received approval for at least 3,500 forgivable loans, AP found.

The Archdiocese of New York, for example, received 15 loans worth at least $28 million just for its top executive offices. Its iconic St. Patrick’s Cathedral on Fifth Avenue was approved for at least $1 million.

-snip-


Read more: https://apnews.com/dab8261c68c93f24c0bfc1876518b3f6
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
After lobbying, Catholic Church won $1.4B in virus aid (Original Post) Eugene Jul 2020 OP
Thanks for posting luv2fly Jul 2020 #1
How can they possibly justify that? Frustratedlady Jul 2020 #2

luv2fly

(2,487 posts)
1. Thanks for posting
Fri Jul 10, 2020, 06:40 AM
Jul 2020

They have to keep that child molesting priest defense fund stocked, right?

Frustratedlady

(16,254 posts)
2. How can they possibly justify that?
Fri Jul 10, 2020, 07:06 AM
Jul 2020

I hope that when the Democrats take over the Treasury Dept., we learn the rest of the story on these loans/grants.

Latest Discussions»Issue Forums»Religion»After lobbying, Catholic ...