Washington, D.C. – Congressman Jim Sensenbrenner (WI-05) offered the following statement on House passage of the Paycheck Protection Program and Health Care Enhancement Act:
"I applaud the passage of the Paycheck Protection Program and Health Care Enhancement Act today by the House of Representatives. This bill now goes to the President’s desk for his signature. Small businesses are the backbone of the American economy and need immediate assistance during this unprecedented time.
I have always held the line on government spending. However, these are extraordinary times that require extreme measures. America is at war with this virus and war requires decisive action. The Paycheck Protection Program (PPP) is saving jobs and must be replenished. This legislation provides an additional $310 billion in PPP loans.
The Paycheck Protection Program and Health Care Enhancement Act also provides additional resources for hospitals and testing. Hospitals and health care providers will receive an additional $75 billion to support the need for COVID-19 related expenses. $25 billion is allocated to provide for expenses to research, develop, validate, manufacture, purchase, administer, and expand capacity for COVID-19 tests.
The impact of COVID-19 on our community has caused devastating disruptions. Every facet of American life has been impacted immensely by this crisis. The disturbance of daily life is not the fault of the American people. No one is immune to the disease or its impact on our everyday lives. I want to ensure Congress keeps working to get small businesses the resources they need to address our current economic crisis.”