OVERSIGHT REPORT ON THE SMALL BUSINESS ADMINISTRATION
https://openthebooks.lpages.co/sba-report/
During our hour-long segment, we also broke our latest oversight report on the U.S. Small Business Administration.
The American people deserve to know the truth.
Our investigation uncovered that the SBA lent more than $170 billion over the last five years.
But where did the money go?
$12.2 billion went to Wall Street.
$120 million went to private country clubs, beach clubs, swim clubs, tennis clubs and yacht clubs.
Even worse, we discovered $16 billion in bad loans from FY2010 to FY2018—that’s failed lending!
The American people deserve to know the truth.
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