[Congressional Record Volume 166, Number 205 (Friday, December 4, 2020)]
[House]
[Page H6818]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              LET'S EXTEND THE PAYCHECK PROTECTION PROGRAM

  (Mr. JACOBS asked and was given permission to address the House for 1 
minute.)
  Mr. JACOBS. Mr. Speaker, I rise in support of extending the 
successful and bipartisan Paycheck Protection Program by making $138 
billion in already appropriated funds available to help more businesses 
that are experiencing dire and desperate need.
  This week, it was reported that almost 30 percent of small businesses 
in New York have closed for good due to the COVID-19 epidemic, and many 
more will face the same fate without further aid.
  $138 billion appropriated to the PPP is just sitting here in 
Washington, D.C., instead of helping our Nation's small businesses.
  For months, we have asked the Speaker to allow a vote on H.R. 8265, 
which simply enables the SBA to do another round of grant awards, 
getting this $138 billion out on the street before it is too late for 
many of these hard-hit businesses. This legislation is targeted, 
addresses a dire need across the Nation, and requires no additional 
Federal funds.
  Mr. Speaker, I urge the Speaker and her leadership to reconsider this 
tactic and allow this legislation to come to the floor for a vote. I am 
confident it will receive bipartisan support.

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