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Jobs and Small Business

New Democrat Coalition Endorses Phillips Legislation to Improve PPP

| Posted in Press Releases

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…

Wednesday Vote Set for Crucial Phillips Small Business Program Reforms

| Posted in Press Releases

 — 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…

Phillips, Roy Introduce Bipartisan Fix to Small Business Loan Programs

| Posted in Press Releases

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…

Phillips Introduces TRUTH Act to Ensure Transparency in SBA Loan Programs

| Posted in Press Releases

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…

Rep. Phillips, Sen. Van Hollen Announce Eligibility of Peace Corps, Americorps Volunteers for Unemployment Assistance

| Posted in Press Releases

Today, U.S. Senator Chris Van Hollen (D-Md.) and U.S. Representative Dean Phillips (D-Minn.) announced that theDepartment of Labor has put out guidance confirming the eligibility of Peace Corps and AmeriCorps participants for unemployment assistance due to the COVID-19 outbreak. In a bipartisan letter sent April 2, 2020, the Members urged Secretary of Labor Eugene Scalia to…

Phillips Votes for Relief Packages, Calls for Reform

| Posted in Press Releases

 — Today, Rep. Dean Phillips (MN-03) voted for the Paycheck Protection Program and Health Care Enhancement Act, while also calling for much-needed reforms and improvements. The legislation provides $484 billion in additional COVID-19 relief, including funding to replenish the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program for small…

After Hearing from Minnesota Businesses, Phillips Urges Administration to Improve Relief Programs

| Posted in Press Releases

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…

Rep. Phillips and Problem Solvers Release Bipartisan Reopening and Recovery "Back to Work" Checklist

| Posted in Press Releases

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…

Phillips Demands Congressional Action for Small Businesses

| Posted in Press Releases

Rep. Dean Phillips (D-MN) released the following statement calling for more funding to support small businesses after news that the U.S. Small Business Administration (SBA) Paycheck Protection Program (PPP) and Economic Impact Disaster Loan (EIDL) programs have both exhausted funding: “From the very beginning of the crisis, I have been committed to protecting our most…

Rep. Phillips pushes for CARES Act fix and New Business Preservation Act to shield startups

| Posted in Press Releases

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…