Read the fine print on the Small Business Administration’s website, and you’ll find that the agency does not provide the funds to “start or grow” a small business – the engine of the American economy, providing roughly three-quarters of all new jobs. Rather, the SBA provides offers loan guarantees to the banks and lenders that do provide seed money.
So it might come as a surprise to American entrepreneurs that there is at least one group to whom the federal government is providing direct assistance for business start-ups: illegal aliens. In fact, these recipients of your taxpayer funds fall into an even more restricted category: illegal aliens who have been deported back to their native land.
As part of an ongoing project he calls The Waste Report, Sen. Rand Paul, R-Ky., has called attention to these outlays, which are made by an obscure federal agency called the Inter-American Foundation (IAF).
Housed in a non-descript building a few blocks from the White House, IAF is spending up to $50,000 annually to help Salvadorans sent back to El Salvador to “reintegrate” into their communities, under the idea that doing so will make them less likely to seek to return to the United States.