Tag Archive for CARES Act

Fighting Back: “Democrats are working to make sure that the CARES Act provides help for all businesses, not just the well-connected.”

 
 

The Weekly Democratic Party Address was delivered by Senator Ben Cardin of Maryland discussing plans to insure that under-served people and communities have access to the CARES small business loans.

(“In order for our small businesses to survive, Congress must find a way to work in a bipartisan fashion to enact solutions that serve everyone, especially those most in need due to this public health crisis we are facing.”)

Congress will have to provide additional funding in the future, there are other vital SBA relief programs that have ALREADY exhausted their funding, including the Economic Injury Disaster Loan program and the EIDL grant program.

Adding money only to the Paycheck Protection Program, as the Trump administration requested, will not help those still waiting to apply for urgently needed economic disaster loans and grants. Senate Democrats are working to add funds to those programs now, as well as the Paycheck Protection Program.

Our proposal would reserve $60 billion for financial institutions with strong relationships in under-served and rural communities, including community banks, credit unions and microlenders, to ensure that small businesses in every community have an opportunity to secure the economic relief they need.

(CSPAN link to Weekly Democratic Address: here)

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Fighting Back: “The American people can count on us to be there with them every step of the way.”

 
 

The Weekly Democratic Party Address was delivered by Senator Gary Peters of Michigan – one of the states that is being denied help during the pandemic because their governor was “mean” to the Republican Party’s president*. #VoteTrumpOut #VoteAllRepublicansOut #Nov3rd2020

(Senator Gary Peters (D-MI) Delivers the Weekly Democratic Address)

“As cases of coronavirus are skyrocketing, I, along with my Senate Democratic colleagues, are working to protect the health and safety of people across our nation.

“Families here in Michigan, and Americans all across the country, are struggling. They’re worried about their health and safety, worried about whether they’ll be able to make ends meet and worried about whether help is on the way.

“After working around the clock, and pressing for significantly more funding and federal resources for our heroic health care professionals on the front lines, we negotiated and passed the Coronavirus, Aid, Relief and Economic Security Act – also known as the CARES Act.

“Our work is far from done. We must ensure that the people who need help the most get it. The sweeping legislation we’ve passed is an important step as we navigate this crisis, but it’s not the last action we’ll need to take.

“We don’t know how long this pandemic will last, but you can count on us to be there every step of the way.

(CSPAN link to Weekly Democratic Address: here)

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