On Friday, I announced that I plan to introduce the “Free Up Capital Now Act” to help small and medium-sized businesses stay afloat. Congress must support small businesses – the backbone of the American economy – through the government-mandated “social distancing” period.
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Of course, we want to stop bad actors from abusing these loans, so our legislation increases the penalty for fraud substantially. If you are found to have committed fraud, you will be penalized for up to three times the amount of the loan!
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Better solution: Increase fed govt incentives to ramp up PPE production. Meaning: Tax moratoriums. X-prize for fastest delivery of 1b sanitary masks, maybe a subsidy. Fed govt subsidy for shifting to telework where possible. Then let us go back to work. That's all that's needed.
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We regular “little people” need HELP now. Rents and mortgages are due this week. While Congress plays games - but they can because all of are still drawing your exorbitant salaries and have benefits. Which come from the taxpayers.
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Le chargement semble prendre du temps.
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