"Chairman Rubio Statement on SBA and Treasury’s PPP Data Disclosure"
Summary
A press statement dated July 6, 2020 from Miami, FL by U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, issued after the Trump Administration released publicly available data on the Paycheck Protection Program (PPP). The release says the disclosure reflects a bipartisan agreement with Committee leaders balancing proprietary information and transparency. Rubio is quoted calling PPP a lifeline for more than 4.8 million small businesses and saying PPP and long-term recovery capital must be the priority for the next relief package. He says he will work with the small business task force toward a targeted second round of PPP for underserved firms.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Full text
Title: Chairman Rubio Statement on SBA and Treasury’s PPP Data Disclosure Date: 2020-07-06 Chairman Rubio Statement on SBA and Treasury’s PPP Data Disclosure July 6, 2020 Miami, FL — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, released the following statement after the Trump Administration released publicly available data on the Paycheck Protection Program (PPP). The data disclosure reflects the bipartisan agreement with Committee leaders that balances proprietary information and the need for transparency. “Today, the Administration has provided much needed transparency to the American people on the Paycheck Protection Program (PPP),” Chairman Rubio said. “We know PPP has been a historic lifeline for more than 4.8 million small businesses. It is clear that financial damage from the pandemic will continue to impact small businesses even as the economy re-opens. “To meet these changing conditions, PPP and additional long-term recovery capital must be the priority for the next relief package,” Chairman Rubio continued. “I will continue to work with my colleagues on the small business task force to reach a bipartisan agreement on a targeted second round of PPP for underserved firms and additional resources for long-term resiliency.” Permalink: https://www.sbc.senate.gov/public/index.cfm/2020/7/chairman-rubio-statement-on-sba-and-treasury-s-ppp-data-disclosure
File and source
- File
- 2020-07-06_chairman-rubio-statement-on-sba-and-treasurys-ppp-data.txt
- Size
- 1,601 bytes
- SHA-256
- b638d5c6a4ac067e33e85db43e8178ef7350becf61c15b096996811f07ece757
- Original
- www.sbc.senate.gov