In the last week or so we have been hearing more and more about the stimulus payments, the CARES act, and the much needed SBA loans that are promised to the public. But what about those who have been harmed the most, the non-custodial parents? Well, the more badly you need the funds, the less likely you are to get them. But who will profit? That’s right, the state.
In the legislation several members of our esteemed federal government had ensured that no parent who owes child support receives a portion of this stimulus. Instead, it goes directly to the custodial parent, and thus reflecting as money paid in support that the states then profit from via Title IV-D. So who is the stimulus for exactly? Those who actually need it? Or fattening the pockets of the state?
There isn’t much to add about this in the interim. The various news outlets have reported on this (admittedly very sparingly) but one facet not covered generally is the fact that SBA loan eligibility also removed from those in arrears. That means should the principal of a company (or any principal within the company) be in arrears, that automatically disqualifies the business from being able to apply for a loan to keep up payrolls. This harms not only the employer, but all those in employ of that company as well. And who does that benefit might I ask? ‘Murica!!!
For further reading please also visit the NPO (National Parents Organization) who did a very well written article on the subject as well. https://www.nationalparentsorganization.org/blog/24577-eternal-verities-in-a-time-of-change