Political Quotes

On the recordMay 28, 2020
I thank the gentleman from Ohio (Mr. Chabot) for his hard work; and I thank the chairwoman, as well, for working together in a bipartisan manner. But most importantly, I thank the gentleman from Texas (Mr. Roy), my friend, for working together, for identifying the problems with the Paycheck Protection Program, in helping to perfect this program that is an incredible lifeline to small businesses and, importantly, Mr. Speaker, to the employees. Millions and millions of businesses, billions of dollars in loans in a program that didn't even exist. Within 1 week, they stood this program up, and within 2 weeks, Mr. Speaker, handed out more money than the SBA had done over the previous 14 years. It is absolutely remarkable what Treasury and SBA have done with this program. And, as I said, the work that Mr. Roy and Mr. Phillips have done to come together on a bipartisan basis to help to fix, to provide flexibility to businesses, to give them more time, to give them more flexibility on the use of funds, to ensure that these businesses aren't just open for 8 weeks but are truly sustainable businesses that can continue providing employment to millions and millions of Americans for years to come. Now, Mr. Speaker, I want to pivot. The other legislation, the TRUTH Act, Mr. Speaker, looking at the comparison of numbers, here we are giving out billions of dollars and millions of loans, looking at the Economic Injury Disaster Loan Program, the EIDL loan program.…
Said by
Garret Graves
Republican · Louisiana
Source
govinfo.gov
May 28, 2020

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