Moolenaar Statement on the Stimulus Negotiations
Today, discussions between Treasury Secretary Steve Mnuchin and Speaker of the House Nancy Pelosi regarding rebuilding the American economy came to end with no agreement reached.
"Many Michigan families and small businesses are hurting. That’s why I’ve been working to re-open the Paycheck Protection Program. There’s $138 billion of relief in there that’s already been approved by Congress, but Speaker Pelosi and House Democrats are blocking the bill that would re-open the program and allow the funding to go to small businesses so they can pay their employees and keep the lights on,” said Congressman John Moolenaar.
"My constituents also tell me their biggest priority is relief for hardworking families and small businesses, followed by our schools and first responders. Speaker Pelosi is denying that relief, while insisting Michigan taxpayers pay for bailouts for California and New York which had major budget problems even before the pandemic. It’s time for Speaker Pelosi to drop these demands and stop blocking legislation that would help Michigan workers and small businesses,” added Moolenaar.
A study by Bloomberg News found the Paycheck Protection Program supports more than 93 percent of the small business jobs in Michigan’s Fourth Congressional District.
Source: Bloomberg News