On the recordAugust 22, 2020
I thank the gentleman for yielding. Madam Speaker, there is no doubt that the Paycheck Protection Program has produced impressive results. All across America, PPP loans have supported over 50 million jobs. That is 50 million people who can continue to support themselves and their loved ones. In Ohio's First Congressional District, for example, which I have the honor of representing, the program helped over 200,000 people to stay on the payroll and support their families. Despite this success, there are small businesses that still need our help. According to a July 27 NFIB survey, almost half of small business borrowers predict that they will need additional capital within the next 6 months. As ranking member of the House Small Business Committee, I have pushed for targeted bipartisan solutions to make sure that our Nation's smallest firms have a chance to survive, and this Congress has acted. Now it needs to do so again to help those small businesses and their employees. Unfortunately, the top leadership on the other side of the aisle apparently doesn't feel the urgency to do so and allow a vote on additional help for those small businesses that need it so much. Let me be clear: Every day that goes by without action jeopardizes America's 30 million small businesses and their employees.…





