Tracking down taxpayer dollars
Orange County, October 16, 2020
The American people rely on transparency and disclosure to hold powerful people accountable, and that’s exactly what our bill—the STOCK Act 2.0—does. This legislation would require elected officials and high-level staff to disclose when they apply for or receive a loan from the government in the same way they would report a stock transaction. Congress has allocated trillions in relief during the COVID-19 crisis, and the American people deserve to know where their tax dollars are going.
I have fought tooth and nail for staunch oversight of taxpayer dollars, especially during the coronavirus pandemic. In May, I introduced legislation to increase transparency and accountability of the Paycheck Protection Program (PPP), which was created to help small businesses keep workers on payroll during the pandemic. I also wrote a letter with Senator Kamala Harris demanding that the Trump Administration release the data about who is receiving forgivable loans from the PPP and in what amounts. Full transparency of PPP data is essential to confirming that this money is actually helping workers, not large corporations.
As your Member of Congress, I will always work to fight for Orange County families. To stay up to date on how I’m representing you and California’s 45th district, please follow me on Twitter, Facebook, and Instagram at @RepKatiePorter.