Stauber Votes to Replenish Funding for Paycheck Protection Program
WASHINGTON, D.C. – Today, Congressman Pete Stauber (MN-08) voted for the Paycheck Protection Program and Healthcare Enhancement Act to provide an additional $484 billion in relief to support small businesses, hospitals, and increased testing. Specifically, this package gives $310 billion to replenish the Paycheck Protection Program, which was created by the bipartisan CARES Act and has been providing relief to American businesses and workers negatively impacted by COVID-19. Funding for this popular program ran dry last week. This package also includes $75 billion to support healthcare workers and $25 billion to expand COVID-29 testing. It will now head to the President’s desk for signature.
Of this legislation’s passage, Congressman Stauber stated, “Almost immediately after the Paycheck Protection Program was implemented, I began hearing from a number of Minnesotans who were able to save their business and keep their employees on payroll during this crisis. That’s why I am happy that the House has once again come together in a bipartisan fashion to secure funding for this critical program. While these funds were delayed by the antics of Speaker Pelosi and Minority Leader Schumer, this critical lifeline will now be extended to more businesses across the nation. As a small business owner, I know small businesses are the engine of our economy and will continue to work to ensure that they have all the resources they need to weather this pandemic.”