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AP FACT CHECK: Trump skews truth on lending aid, virus risk

Published by Yahoo on Fri, 10 Apr 2020


President Donald Trump offered a rosy portrait of a smoothly running federal emergency lending program for small businesses that doesn't match reality and revised history yet again on how seriously he took the coronavirus threat, suggesting he likened it to a pandemic flu. TRUMP: 'As of today, small business has processed more than $70 billion in guaranteed loans and will provide much-needed relief for nearly a quarter of a million businesses already ... we're way ahead of schedule.' The $349 billion emergency lending program just began operating Friday, but the rollout has been plagued by a host of problems.
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