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Economy and Fiscal Responsibility

Phillips, Problem Solvers Caucus Push Bicameral, Bipartisan Emergency COVID-19 Relief Package

| Posted in Press Releases

Today, Thursday, December 3, 2020, Dean Phillips (D-MN) and other members of the Problem Solvers Caucus stood together to fight for their common-sense bipartisan, bicameral COVID-19 emergency relief package. It is being supported by a rapidly growing group of Senators on both sides of the aisle, the U.S. Chamber of Commerce, and others to help American families, small businesses, workers,…

Phillips, Problem Solvers Caucus Announce Bipartisan, Bicameral COVID Relief Offer

| Posted in Press Releases

Today, House Problem Solvers Caucus members Dean Phillips (D-MN) and Dusty Johnson (R-SD) joined a bipartisan group of Senators in announcing a four-month, bicameral COVID-19 emergency relief framework that will help American students, families, small businesses, workers, and health care providers during this crisis. The Problem Solvers Caucus, 25 Democrats and 25 Republicans, helped…

Phillips-Led Bipartisan Working Group Offers COVID Relief Framework To Break Impasse

| Posted in Press Releases

 - Today, the bipartisan Problem Solvers Caucus – 25 Democrats and 25 Republicans – unveiled its “March To Common Ground” framework to help break the gridlock on the latest COVID-19 relief package and encourage negotiators to get back to the table.  The 50-member bipartisan Caucus, led by policy working group leaders Reps. Dean Phillips (D-MN) and…

Minnesota Congressional Delegation Urges IRS to Address Backlog in Processing Tax Returns

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U.S. Senators Amy Klobuchar and Tina Smith, and Representatives Jim Hagedorn (MN-01), Angie Craig (MN-02), Dean Phillips (MN-03), Betty McCollum (MN-04), Ilhan Omar (MN-05), Tom Emmer (MN-06), Collin Peterson (MN-07), and Pete Stauber (MN-08) sent a letter to the Internal Revenue Service (IRS) expressing concern about continued delays in the processing of paper tax returns and requesting…

As Pandemic Derails Economy, Phillips Proposes Tax Relief For Startups To Spur Innovation

| Posted in Press Releases

 — This week, Rep. Dean Phillips (D-MN) introduced a bipartisan bill in the House of Representatives to provide tax relief to startups that are ineligible for other types of business aid passed by Congress in response to the COVID-19 pandemic. Phillips’s IGNITE American Innovation Act will allow small and mid-size businesses that weren’t able to utilize the…

As Minority-Owned Businesses Are Hit Hard By Pandemic, Phillips Announces New Bill To Promote Economic Equity For New Businesses

| Posted in Press Releases

Rep. Dean Phillips (D-MN) announced during a hearing of the House Financial Services Committee today that he will strengthen his bill, The New Business Preservation Act (H.R. 6403), by including aggressive changes to benefit women and minority entrepreneurs. Phillips’s bill authorizes the Treasury Department to partner with states to make equity investments in new businesses…

Phillips PPP Bill Becomes Law, Urgent Aid Now More Useful for Small Businesses

| Posted in Press Releases

On June 5, President Trump signed the Paycheck Protection Program Flexibility Act (H.R. 7010), authored by Reps. Dean Phillips (D-MN) and Chip Roy (R-TX), into law. The bipartisan legislation immediately makes Paycheck Protection Program (PPP) loans from the Small Business Administration (SBA) more accessible and useful for small businesses as millions around the country face economic…

Phillips Wins U.S. Chamber of Commerce Award for Bipartisanship

| Posted in Press Releases

Today, U.S. Chamber of Commerce honored Rep. Dean Phillips (MN-03) with a 2020 Jefferson – Hamilton Award for Bipartisanship. The newly-unveiled award recognizes members of Congress who demonstrate the bipartisan leadership and constructive governing necessary to move our country forward. With a score of 98%, Rep. Phillips is one of the top 10 bipartisan…

Phillips Small Business PPP Flexibility Act Passes House in Overwhelming Bipartisan Vote

| Posted in Press Releases

 — Today, the House of Representatives passed the Paycheck Protection Program Flexibility Act, authored by Rep. Dean Phillips (D-MN), in a strong bipartisan vote of 417-1. Phillips and co-author Rep. Chip Roy (R-TX) praised the passage of his bill, which will provide critical reforms to the Paycheck Protection Program (PPP), a critical source of aid for small businesses during…

Phillips, Roy Announce Coalition of Support Behind the Paycheck Protection Flexibility Act

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 —Reps. Dean Phillips (D-MN) and Chip Roy (R-TX) have released a diverse list of national and regional organizations supporting the passage of the Paycheck Protection Flexibility Act (PPFA). This bill will solve problems with the Paycheck Protection Program (PPP), a critical source of aid for small businesses during the coronavirus epidemic that has come under fire from…