Washington shut down businesses. Now it wants its money back

During the COVID-19 pandemic, Washington ordered businesses to close. It then lent many of those businesses money to survive the closures. Six years later, the government wants its money back — even from business owners who never recovered.

Washington shut down businesses. Now it wants its money back

TL;DR

  • Washington ordered business closures during the COVID-19 pandemic.
  • The government provided loans to businesses to survive these closures.
  • Six years later, the government is demanding repayment of these loans.
  • Repayment is being sought even from business owners who have not recovered financially.
  • The author argues these loans were made under extraordinary economic emergencies caused by government restrictions.