Washington Post: How the Cares Act poured millions into corporate hands with no strings attached

Washington Post: How the Cares Act poured millions into corporate hands with no strings attached. “For pipeline company Antero Midstream, a firm at the forefront of the Appalachian fracking boom, the mammoth stimulus bill known as the Cares Act delivered a quick and happy benefit: a $55 million payment from the Treasury Department. The payment came with no strings attached. And although the legislation was partly tailored to help businesses keep people employed, Antero didn’t need to agree to hire or retain any workers. It didn’t need to promise to invest in its business. And it didn’t need to pledge to meet any new regulatory standards.”

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