Dean Phillips has introduced two important reforms impacting the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) programs, the emergency sources of funding for small businesses struggling in the wake of the coronavirus epidemic. This legislation will make billions of dollars more accessible to small businesses without close relationships with big banks and to… Read more »
- Today, May 26, 2020, the Problem Solvers Caucus formally endorsed the bipartisan Paycheck Protection Program Flexibility Act, legislation that will revamp some of the rules within the current Paycheck Protection Program, making it more accessible and equitable for small businesses looking to weather the current economic storm.
Problem Solvers, Reps. Dean Phillips (D-… Read more »
Today, the New Democrat Coalition (NDC), led by NDC Chair Derek Kilmer (WA-06), endorsed the bipartisan Paycheck Protection Program Flexibility Act co-introduced by New Dem Rep. Dean Phillips (MN-03).
The Paycheck Protection Program (PPP) is providing essential support to millions of small businesses across the country. Unfortunately for many these businesses, the terms can be too… Read more »
— Votes are set for Wednesday, May 27 on two important reforms to the Paycheck Protection Program from Rep. Dean Phillips (MN-03) designed to save struggling small businesses and ensure necessary transparency for American taxpayers. The Payroll Protection Program Flexibility Act and the Transparency and Reporting for the Underbanked and Taxpayers at Home (TRUTH) Act… Read more »
Rep. Dean Phillips (MN-03) released the following statement today:
“After careful deliberation and meaningful conversations with Minnesotans, I have decided to vote in favor of the Heroes Act. This bill opens negotiations on the next bold legislative package America needs to protect the health of our citizens and economy. And while I have registered deep reservations about the… Read more »
Today, Rep. Dean Phillips (D-MN) and Rep. Chip Roy (R-TX) announced the introduction of the bipartisan Paycheck Protection Flexibility Act, which will make urgently needed changes to the Paycheck Protection Program (PPP), a vital initiative for small businesses struggling in the wake of the coronavirus epidemic.
Rep. Dean Phillips:
“We must redesign the Paycheck Protection… Read more »
Today, Rep. Dean Phillips introduced the Small Business Transparency and Reporting for the Underbanked and Taxpayers at Home (TRUTH) Act. The TRUTH Act would direct the Small Business Administration (SBA) to explain and justify all disbursements of coronavirus relief funds, ensuring transparency and accountability from this critical agency. Original co-sponsors include Reps. Abigail… Read more »
In a letter to the U.S. Department of Treasury and Small Business Administration (SBA) today, Rep. Dean Phillips (MN-03) urged the agencies to make changes to the Economic Injury Disaster Loan (EIDL) program and the Paycheck Protection Program (PPP) so that they will better serve the Minnesota job-creators in most need of relief.
Demand for these programs quickly outpaced funding… Read more »
APRIL 21, 2020 – This morning, Rep. Dean Phillips (D-MN) appeared on Fox Business with Rep. Lloyd Smucker (R-PA) to talk about the Problem Solvers Caucus Reopening and Recovery “Back to Work” Checklist, a data-driven proposal focused on reopening America safely and reigniting the economy. The announcement is the culmination of weeks of work by Rep. Phillips, the… Read more »
Congressman Dean Phillips is working to strengthen and protect the country’s start-up businesses with a pair of legislative fixes designed to provide relief for new businesses across the country.
Today, Phillips released a bipartisan letter signed by 54 of his colleagues calling on the Small Businesses Administration to update the definition of “small… Read more »
