PAYCHECK PROTECTION PROGRAM; Congressional Record Vol. 166, No. 104
(Senate - June 04, 2020)

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[Page S2701]
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                      PAYCHECK PROTECTION PROGRAM

  Mr. McCONNELL. Madam President, yesterday evening, the Senate passed 
a few targeted changes so that Senator Collins' and Senator Rubio's 
historic Paycheck Protection Program will continue to protect American 
workers and small businesses through this pandemic.
  Back in March, these Senate leaders hand designed this plan to push 
unprecedented assistance to working families and Main Street 
businesses. Once again, in April, they led the charge to refill their 
popular and successful program with more money so it could help even 
more Americans. In the weeks since, our colleagues have continued to 
track the program's operation and recommend further tweaks where 
necessary.
  In recent days, both Senator Collins and Senator Rubio helped to 
strengthen and improve the House's proposed PPP modifications before it 
actually passed the bill and sent it over to us, and I know the senior 
Senators from Maine and Florida have already identified several more 
technical fixes for the new legislation that, I hope, Congress will 
address.
  Talk about legislation making a difference. Thanks to Senator 
Collins, Chairman Rubio, and our other colleagues who helped to make 
this program a success, the PPP has delivered more than a half a 
trillion dollars in relief and has literally saved tens of millions of 
American jobs.
  So, as we continue to stay nimble and continue our efforts, I just 
had to thank and recognize the architects of this historic program--the 
senior Senators from Maine and Florida--for helping to soften the blow 
of this pandemic for so many American families.

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