Political Quotes

“we are in the process of passing a very large economic package to help stabilize our economy through the middle of all that is happening with COVID-19 globally and in the United States. The heart of the package we are passing today is almost identical to what we brought Sunday night, which was a bipartisan proposal, which ranking members and chairmen of all the major committees had worked together to get done. The key elements of it are still there. It has unemployment insurance for Americans, including a $600 plus-up to go through the process. There is support for small businesses that will pay the payroll. We don't want individuals to end up on unemployment insurance. It is better if they stay connected to their same company. It has a unique new proposal that is built in to say a small business can go to any bank rapidly to get a loan there, which will convert into a grant if they maintain their current employee numbers. That keeps people connected to their business and keeps people assured of a job at the end of all this when it finishes out. It has a grant program for larger businesses that is designed to say: If you are a very large company, you are not going to get a grant; you are going to get a loan in this process. At the moment you get a loan and, if you don't have capital and you don't have access to it right now because of all that is going on, you could get that. This also has a feature built in where individuals will receive a check for $1,200.…”