first, let me thank Senator Schumer for bringing this issue to the floor at this time. Senator Schumer has been a great leader on what we need to do to help respond to COVID-19. He recognized from the beginning that we needed a balanced program to deal with the health pandemic, with the Marshall Plan, to deal with the help to our State and local governments, and to deal with the economic consequences of COVID-19. Senator Schumer helped us develop a balanced approach to deal with the economic challenges while, yes, helping the individual through unemployment insurance and direct checks from the IRS but also helping our businesses. For small businesses we created new tools; for larger businesses we had loans. I was proud to be part of a task force that was charged with developing the tools for small business. I want to thank my partner Senator Shaheen for her incredible help and leadership in crafting the programs of the Paycheck Protection Program while also dealing with the economic disaster loan program, which was new and a loan forgiveness program. We did this working with Senators Rubio and Collins. It was truly bipartisan. We did it in a matter of literally a few days--a week or so, and we were able to get this program crafted in a way that it provided incredible relief to the small businesses of our country. So today, what is the record?…
On the recordJune 3, 2020
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