Political Quotes

On the recordMarch 16, 2021
With over 95 million COVID-19 vaccine doses administered as of last week, the country is finally starting to see the light at the end of the tunnel. Entrepreneurs are feeling more hopeful that if they can just get through the rest of 2021, that 2022 can be a year of growth for them. But, put simply, the small business economy is not there yet, and many of the smaller firms continue to report a need for economic relief. Today's 2-month extension of the PPP application deadline, from March 31 to May 31, will help small firms access much-needed relief to meet their expenses and put them in a position to fully reopen as soon as it is safe to do so. The additional 30-day period will give the SBA the flexibility it needs to process and approve the loans submitted by the new May 31 deadline. Once again, I thank Ms. Bourdeaux of Georgia and Mrs. Kim of California for their leadership on this important issue. I also thank the ranking member, Mr. Luetkemeyer, for his unwavering commitment to our Nation's 30 million small businesses and his bipartisan cooperation on this bill. I look forward to working with him on legislation that will provide a retroactive fix for Schedule C borrowers and also allow farmers and ranchers to use gross income to maximize PPP assistance. Madam Speaker, I encourage all my colleagues to vote ``yes,'' and I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentlewoman from New York (Ms.…
Said by
Nydia M. Velazquez
New York
Source
govinfo.gov
Mar 16, 2021

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