Having grown up in a town of 1,200, raised by a single mom, I can attest firsthand to the importance of these programs. So finding that balance is what we're looking toward. We did inherit in rural development a 25% default rate for the loans that were pushed out. Certainly in the last administration, there was a lot without any guardrails on. So. So trying to right size that at the same time that we are writing the budget … (06:25–06:33)
CLAIM
Asserts that the rural development program inherited a 25% default rate on loans.
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