OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Paycheck Protection Program

Floor Speech

Date: April 16, 2020
Location: Washington, DC
Issues: Business and Consumers Employment and Affirmative Action

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Mr. McCONNELL. Mr. President, 1 week ago, I warned that the Paycheck Protection Program was running out of money and tried to pass a clean funding bill. Senate Democrats blocked it.

So here we are a week later with absolutely no progress. This morning the program ran out of money and shut down, just as I warned a week ago. Even now, Senate Democrats are still blocking funding. Every Senate Republican was ready to act today--today--but Democrats have not let us reopen the program.

So, look, it is absolutely surreal to see Democratic leaders treat support for workers and small businesses as something they need to be goaded--goaded--into supporting. This really should be above politics.

Five million more Americans lost their jobs just last week. That makes 20 million layoffs in just 1 month. Americans need Democrats to stop blocking emergency paycheck money and let this job-saving program reopen. I hope our colleagues will come around soon.

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