After Stock Trading Scandal, Perdue and Loeffler Supported McConnell Plan That Would Have Left Small Businesses, Hospitals Out to Dry

March 26, 2020

Before final vote, both Senators voted repeatedly to push through a multi-billion dollar slush fund for big corporations, delaying desperately needed funding for Georgia hospitals, small businesses

ATLANTA — Before last night’s vote on an improved bipartisan aid package, Senators Kelly Loeffler and David Perdue spent days in Washington voting repeatedly to try to jam through Mitch McConnell’s ‘plan’ with a multi-billion dollar slush fund for big corporations with little accountability and independent oversight, delaying desperately needed funding for Georgia workers, hospitals, and small businesses. The initial package didn’t provide sufficient aid for critical areas like unemployment insurance, small business relief, or medical providers.

Georgia health care providers have been worried they “can’t keep the doors open” due to a shortage of supplies and other key resources as some have been reduced to using spare supplies from television show sets.

Senators Loeffler and Perdue have been caught in separate stock trading scandals after public disclosures revealed they dumped personal stock holdings following a private all-Senate coronavirus briefing but publicly downplayed the public health and economic threats from the outbreak. 

“Georgians are hurting and need immediate relief, but the first proposal Senators Perdue and Loeffler tried to jam through Congress would have failed the courageous health care workers, small business owners, and families back home,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “This finalized aid package is long overdue and there is much more work that needs to happen, but it’s disappointing that Senators Perdue and Loffler were ready to greenlight a multi-billion dollar slush fund for corporate special interests and weren’t focused on fighting for more resources for our hospitals, entrepreneurs, and workers across the state. It’s yet another example of Georgia’s senators not putting their constituents first.”


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