Main Street Bailout Rewards US Restaurant Chains, Firms in Rural States

Main Street Bailout Rewards US Restaurant Chains, Firms in Rural States
Many stores are closed and others are essentially empty in the City of Worthington in Columbus, Ohio, on March 17, 2020. Charlotte Cuthbertson/The Epoch Times
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WASHINGTON/SAN FRANCISCO—Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across the United States desperate for cash following CCP virus-related lockdowns.

Now a picture is emerging of who got the money. More than 25 percent of the total pot went to fewer than 2 percent of the firms that got relief. They include a number of publicly traded companies, with thousands of employees and hundreds of millions of dollars in annual sales.