Political Quotes

“small businesses and their employees are the backbone of our economy, particularly in States like those of the Presiding Officer and the State that I am privileged to represent, the great State of Maine. Later today, the Senate is slated to vote on cloture on the motion to proceed to H.R. 1799, the PPP Extension Act of 2021. As a sponsor of the Senate companion bill, along with my colleagues Senator Cardin and Senator Shaheen, I urge my colleagues to support the cloture motion. We are also delighted that several of our colleagues have joined us as cosponsors of the Senate companion bill. The Paycheck Protection Program continues to be a lifeline for small businesses. It has made the difference between their shutting their doors and laying off their employees and their being able to remain open, survive the pandemic, and most important of all, send paychecks to their employees. Since the program was created last year, more than $718 billion in forgivable Small Business Administration loans have been approved, securing tens of millions of jobs in this country. The program has also been responsible for bringing approximately $3 billion to the State of Maine in forgivable loans that have allowed our small businesses, particularly those in the hospitality industry, to survive the pandemic and continue to send paychecks to their employees. The current application deadline for the PPP is March 31. That is just days away.…”