WASHINGTON, D.C.—Today the House of Representatives passed the Paycheck Protection Program and Health Care Enhancement Act (388-5).
 
The bill appropriates an additional $310 billion to help America’s small businesses. It replenishes funds for the Small Business Administration’s Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP), both of which have been depleted as small businesses struggle to make ends meet during the coronavirus pandemic. Community banks and credit unions will have greater access to the funds, helping increase small businesses’ access to PPP.
 
After voting for the legislation, Congressman Warren Davidson (R-OH) made the following statement:



This is a band-aid that doesn’t even fully cover the wound. It’s better than no band-aid, but it won’t stop the bleeding in our economy or stop this virus.
 
In light of COVID 19, and the reactions to COVID 19, Congress needs to lead by example and get into full session: safely, but fully functional, laser-focused on COVID 19, in full compliance with the House rules for debate, amendment, and voting.