Political Quotes

“Madam President, first, let me thank the Senator from Oklahoma for bringing this to the floor. Here is our challenge. If it gets onto the bill that we have before us, it will delay the continuation of the Paycheck Protection Program because it terminates on March 31. We are not going to have any program to modify. And the House is not in session until the second week in April so it is not possible to get this done before the program expires. So, for that reason, we have to oppose any amendment on the underlying bill, which is a clean extension of the PPP. But I want to thank my friend from Oklahoma for bringing this forward because I agree with you. As chairman of the Small Business and Entrepreneurship Committee, I support making the changes that the administration made in regard to the determination for self-employed retroactive. I think that is a fair thing to do. I also support making sure that the business structure that is chosen by a small business also qualifies, whether it be a partnership or a traditional business arrangement. I think we need to make those changes, and I know our staffs are working on the exact language. There is some challenge on how we draft the language. And you have my commitment that we will work during this recess, and I assure you that I want to see this done. I hope we can do it by UC when we return, when the House is in session, and get this done as quickly as possible.…”