On the recordSeptember 23, 2020
I thank the gentlewoman for yielding. Mr. Speaker, it has now been over 46 days since the Paycheck Protection Program, also known as PPP, was shut down. This means that small businesses have been prevented from applying for CARES Act funding through the PPP for over a month and a half now. This also means that real people's jobs continue to be in jeopardy through no fault of their own. This is just unacceptable, Mr. Speaker. This is unacceptable because small businesses play an outsized role in our economy. They employ half of all workers in this country. Think about that. Nearly one out of every two workers in this country are employed by small businesses. Not only do small businesses employ millions of people, but they are also this Nation's job creators. They create approximately two out of every three new jobs in this country. Beyond statistics, they are the heartbeat of Main Streets all across America. They are the corner store, the neighborhood coffee shop, and the restaurant in the town or village. They are the fabric of commerce in my home State of Ohio, as they are in Florida, in Texas, in California, and all across this country. Their workers clock in early and often retire after the sun sets. Simply put, they are America's businesses. Unfortunately, COVID-19 continues to challenge their very existence. Now is the time to act. We really should have acted 46 days ago. We have an option before us today, this very day.…





