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Small Businesses in COVID-19 (Cong. Rec., Sept. 30, 2021)

Summary

Congressional Record, House, page H5559, September 30, 2021. Under Small Businesses in COVID-19, Stevens of Michigan speaks in support of small businesses, saying the pandemic resulted in the permanent closure of roughly 200,000 U.S. establishments above historical levels during the first year, with small companies accounting for about two-thirds or roughly 130,000 of the extra closures. Stevens cites a May 2021 Federal Reserve report that found 35 percent of service-based businesses that closed during the pandemic were still closed. Under a separate heading, Feenstra of Iowa criticizes the Biden administration on immigration enforcement, inflation and a proposed $4.3 trillion tax-and-spending package.

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“Small Businesses in COVID-19 (Cong. Rec., Sept. 30, 2021).” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/crec-crec-2021-09-30-crec-2021-09-30-pt1-pgh5559-4014031e33/, SHA-256 5240670d50878cb007cf918889d2a05eb66f36021f3895b65e0214aca17e6b31.

Full text

                                                September 30, 2021                                 CONGRESSIONAL RECORD — HOUSE                                                              H5559
                                                Nation’s immigration laws, reimple-                       Today I ask my colleagues, join me                     That is what this week is all about,
                                                ment successful policies from the                       in honoring our Hispanic-American                      Madam Speaker. That is what compels
                                                Trump administration, and commit                        neighbors and in recognizing National                  me to come to work every single day,
                                                further support for our Border Patrol                   Hispanic Heritage Month.                               and we are not going to stop until the
                                                agents and our Customs enforcement                        The SPEAKER pro tempore. Mem-                        job is done.
                                                officers.                                               bers are reminded to refrain from en-                                    f
                                                  That is why I signed on to a resolu-                  gaging in personalities toward the
                                                tion calling for the President to fully                 President.                                              BIDEN ADMINISTRATION FAILING
                                                                                                                                                                               TO LEAD
                                                enforce our immigration laws in light                                     f
                                                of the current surge at the border and                                                                           The SPEAKER pro tempore. The
                                                                                                          SMALL BUSINESSES IN COVID–19                         Chair recognizes the gentleman from
                                                the ongoing self-created border crisis.
                                                  Lastly, the President and his far-left                  The SPEAKER pro tempore. The                         Iowa (Mr. FEENSTRA) for 5 minutes.
                                                Democrats are racking up debt that                      Chair recognizes the gentlewoman from                    Mr. FEENSTRA. Madam Speaker, I
                                                Americans cannot afford, exacerbating                   Michigan (Ms. STEVENS) for 5 minutes.                  rise today to discuss the President’s
                                                the current inflationary crisis that we                   Ms. STEVENS. Madam Speaker, I                        complete and utter failure to lead our
                                                are facing.                                             rise today in support of the small busi-               country effectively over the last 9
                                                  The proposed $4.3 trillion tax-and-                   ness. I rise today in support of the                   months.
                                                spending spree is a continuation of the                 hardworking man and woman who has                        Despite the optimistic vision he por-
                                                Biden administration’s reckless poli-                   bootstrapped an enterprise, a barber-                  trayed in his inaugural address, Presi-
                                                cies that have created an unstable out-                 shop, a gym, a manufacturing firm                      dent Biden has created crisis after cri-
                                                look for our economy, for our Nation’s                  that isn’t often represented by a large                sis—from our economy and energy
                                                future, and for the next generation of                  lobbying firm that is able to knock on                 independence to national and border
                                                Americans.                                              the doors of the Halls of Congress and                 security.
                                                  Not only does this package unravel                    demand what they need. These people                      Back in February my Republican col-
                                                the progress we have made to encour-                    deserve to be heard.                                   leagues and I warned Democrats’ reck-
                                                age work and raise wages, but it in-                      The pandemic resulted in the perma-                  less spending would have a devastating
                                                creases the national debt by up to $17                  nent closure of roughly 200,000 U.S. es-               inflationary effect. In fact, many ex-
                                                trillion, putting our national security                 tablishments above historical levels                   perts at the time, including former
                                                further at risk.                                        during the first year alone.                           President Obama’s top economist,
                                                  The Speaker and the far left are wild-                  Individual companies, the small ones,
                                                                                                                                                               warned spending trillions more would
                                                ly spending tax dollars on their social-                account for about two-thirds or rough-
                                                                                                                                                               devalue our dollar and cause prices of
                                                ist priorities, while increasing taxes on               ly 130,000 of the extra closures. The
                                                                                                                                                               goods and services to increase.
                                                small businesses, on family farms, and                  gym across the street from my house,                     Sure enough, just one month later,
                                                by raising the corporate tax to a rate                  an independent enterprise run by a                     we learned that the Consumer Price
                                                higher than Canada, higher than Italy,                  cancer survivor, closing today. The                    Index had its highest monthly jump in
                                                higher than the U.K., and even higher                   Milford House Bar & Grill, where peo-                  nearly 10 years. The Producer Price
                                                than Communist China, which we know                     ple celebrated anniversaries and grad-                 Index has also skyrocketed by 8.3 per-
                                                will directly hurt job growth and wage                  uations, closed.                                       cent, which is also a record.
                                                                                                          We hear you. Your voice and what
                                                growth for men and women across our                                                                              While the Biden administration con-
                                                                                                        you do and the hard work that you rep-
                                                communities.                                                                                                   tinues turning a blind eye to inflation,
                                                  Our economy is already running at                     resent matters in this body.
                                                                                                          A May 2021 Federal Reserve report                    top economists are warning inflation is
                                                the highest rate of inflation in 13                                                                            here to stay for years to come, and it
                                                                                                        found 35 percent of service-based busi-
                                                years. To recklessly increase our                                                                              will only get worse if the Democrats
                                                                                                        nesses that closed during the pandemic
                                                spending is fiscally irresponsible and                                                                         pass over $5 trillion in additional
                                                                                                        were still closed. The report also esti-
                                                downright dangerous. As Senator                                                                                spending.
                                                                                                        mated that just 3 percent are likely to
                                                MANCHIN even said, it is truly the defi-                                                                         This is a hidden tax hike on every
                                                                                                        reopen.
                                                nition of fiscal insanity.                                What does this mean? Poor neighbor-                  American family, on top of their his-
                                                  Madam Speaker, it is clear to me,                     hoods getting poorer. Less jobs. Open                  toric tax increases that are part of the
                                                just as I know it is clear to my con-                   storefronts. A blight toward economic                  $4.2 trillion tax-and-spending spree
                                                stituents, the President, time and time                 development.                                           that we will be discussing over the next
                                                again, is failing to display the leader-                  Absolutely this body acted when we                   several days. This is completely reck-
                                                ship America needs and deserves. He                     needed to: PPP, $800 billion; $14 billion              less for our businesses, our farmers,
                                                must uphold the promises he made to                     in grants and forgivable loans at the                  and our families.
                                                the American people, and I call on him,                 local level. In Michigan we acted                        Instead of reining in spending, Presi-
                                                I ask him to put an end to the era of                   quickly. We have seen tough times.                     dent Biden and his Democrat col-
                                                crisis that we are now under.                             Our manufacturers, the small ones,                   leagues are leaning into the economic
                                                     NATIONAL HISPANIC HERITAGE MONTH                   were the first to put up their hands:                  crisis they have created. In fact, the
                                                  Mr. NEWHOUSE. Madam Speaker,                          How can I source the protective per-                   President has attempted to gaslight
                                                today I rise in celebration of National                 sonal equipment? I have got it in my                   the American people by making the
                                                Hispanic Heritage Month and the his-                    back pocket. I am ready to act.                        false claim that their $5.5 trillion so-
                                                tories, cultures, and contributions of                    And yet we are getting whacked by a                  called infrastructure package will cost
                                                Latino     and     Hispanic    Americans                chip crisis. We don’t have what we need                zero dollars. Even the leftists at The
                                                throughout the United States.                           to meet the demand, and people are                     Washington Post aren’t buying it, call-
                                                  Growing up in Sunnyside, Wash-                        suffering as a result. It is not just the              ing the claim truly misleading.
                                                ington, I have witnessed firsthand how                  billions of dollars, a loss of profit at                 The crisis at our southern border,
                                                Hispanic Americans contribute to our                    the top. It is the jobs. It is the single              which the Biden administration has
                                                communities through entrepreneur-                       moms who want to get back to work.                     gone to great lengths to ignore, has
                                                ship, military service, and cultural di-                And yet they are at $15 an hour, and no                continued raging on.
                                                versity. They are our friends, our fam-                 one is watching their kid for under $16.                 In May I went to Texas with Con-
                                                ily, our neighbors, and our coworkers.                    Here in this Congress, we have been                  gressman GONZALES to see the border
                                                They are small-business owners, doc-                    working to reorganize the tapestry of                  firsthand. I received an aerial tour of




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                                                tors, police officers, and soldiers.                    this country so people can succeed, in-                the Big Bend sector, a remote part of
                                                  In central Washington and across the                  dividual hardworking Americans can                     the border where apprehensions of
                                                country, we are proud of our Hispanic                   succeed.                                               drugs, weapons, and other contraband
                                                friends and neighbors who prove that                      They are not following every line of                 are at record levels.
                                                the American Dream is alive and well.                   our debate, but they are counting on                     Law enforcement on the ground told
                                                Because of them, we are a stronger,                     us. Invest in daycare, give us paid fam-               us directly that they needed more sup-
                                                more diverse, prosperous society.                       ily leave, support the small business.                 port from the administration. Sadly,



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