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Mnuchin just said

appalachiatiger

Woodrush
Jan 7, 2009
20,315
12,641
113
Asheville NC
any loan over $2 million will be reviewed.

any loan under may be reviewed.

the signed certification at the bottom of the loan

clearly states its purpose and criminal liability will be examined

and punished to fullest extent of the law.
 
any loan over $2 million will be reviewed.

any loan under may be reviewed.

the signed certification at the bottom of the loan

clearly states its purpose and criminal liability will be examined

and punished to fullest extent of the law.

Then give me a loan for $1,999,999. Why give an amount? That is like saying the IRS will not audit you if you don't cheat by more than $10k on your Income Taxes. I would have just said that they were going audit the program and fine and/or prosecute violators.
 
Then give me a loan for $1,999,999. Why give an amount? That is like saying the IRS will not audit you if you don't cheat by more than $10k on your Income Taxes. I would have just said that they were going audit the program and fine and/or prosecute violators.

He was trying to light a fire under the asses of the biggest recipients to review and see if they need to pay the loan back by May 7th, so that those funds can be used for people with real needs. Loans can be paid back by May 7 with no liability, and some of those companies have access to capital through other avenues. Plenty of loans under $2 million will be reviewed, maybe all of them.
 
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" That is like saying the IRS will not audit you if you don't cheat by more than $10k on your Income Taxes."

Is this true? Asking for a friend.
 
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