Political Quotes

“this is a very good day because very much needed improvements to the PPP program will now pass the Senate as they passed the House, 417 to 1. The PPP program is desperately needed by small business, and it was not in the original proposal of our Republican friends or of the President. We worked very hard and pushed hard to get this done, and I want to salute Senators Cardin and Shaheen for their efforts. The program was not at all perfect. When it first rolled out, too many of the big shots got money and not enough of the small businesses--the mom and pops, the butcher, baker, and candlestick maker. And nonprofits were not entitled. I pushed very hard to get nonprofits, including church-related nonprofits, religious-related nonprofits, in the bill. They can now benefit from the bill just like the small businesses can. We Democrats said, there has to be some money set aside--not just to give more money in COVID 3.5--to the existing businesses that had connections with bankers but to the smaller businesses, and $125 billion was set aside. That was a very good thing. Now it has changed from a program that has gone mainly to those that had good connections to bankers that were well connected to many smaller businesses as well. In the second round, States that really needed the help got a greater percentage of the help, like my State of New York.…”