Political Quotes

“This has not been an easy time for America's small businesses. As the ranking member of the House Small Business Committee, I hear daily from owners of restaurants and hair salons and small retailers and manufacturers and grocers and others, about the gut-wrenching choices that they have been forced to make recently. Fortunately, the Paycheck Protection Program, created under the CARES Act, has already helped small businesses save millions of jobs and cover essential expenses. One company, for example, New York Bagel, survived the Great Depression and World War II during its 99 years of operation. This Ferndale, Michigan, business was forced to close due to the coronavirus. But thanks to the Paycheck Protection Program, their employees are still getting paid. After losing 70 percent of their business, Woodyard Bar-B-Que in Kansas City was only a week or two away from laying off workers or even closing permanently. Their paycheck protection loan will allow them to stay in business. These examples are only a fraction of those who have been helped. Understandably, this program has been very popular. In fact, demand was so high that funding was exhausted within 2 weeks of the program being started up. Over a million-and-a-half loans have been processed, with nearly 60,000 in my home State of Ohio alone. Madam Speaker, small businesses are resilient. Start-ups are pioneering new techniques for sanitizing masks and surfaces.…”