Jobs and Economic Growth
More on Jobs and Economic Growth
Regulations and safety precautions surrounding COVID-19 had a dramatic impact on the U.S. economy. Millions of Americans lost their jobs, and Arkansan small businesses had to quickly adjust to reduced hours, curbside pickup or delivery services and a smaller workforce. Now, as states reopen, we are all watching to see what happens next.
Millions of small businesses across America have been impacted by COVID-19, and Congress created the Paycheck Protection Program (PPP) to assist them through the crisis. As of May 23, 40,329 Arkansas businesses had received a total of $3,286,789,662 in PPP funds. These businesses have been able to use the forgivable loans to maintain payroll, cover operating expenses and more.
When COVID-19 first began to spread, I don’t think any of us could have predicted just how catastrophic it would become. After more than two months of shelter in place protocols, almost 40 million Americans have lost their jobs and don’t know what the future holds. As a member of Congress, I believe it is my duty to lead by example, and that’s why it’s high time for Congress to get back to work.
WASHINGTON – Today, U.S. Rep. Bruce Westerman (R-Ark.) released the following statement after the House of Representatives passed the Paycheck Protection Program and Health Care Enhancement Act:
These days, reading the news is sobering at best. News of COVID-19 spreading across the world, infecting friends and loved ones, and causing economic instability is all over the headlines. However, even in these uncertain times, I’ve also heard so many stories about Arkansan communities coming together to support and care for each other.
U.S. Sens. John Boozman and Tom Cotton—along with U.S. Reps. Steve Womack, French Hill, Rick Crawford, and Bruce Westerman—sent a letter to the United States Small Business Administration (SBA) to support Arkansas Governor Asa Hutchinson’s request for an SBA disaster declaration for economic injury as a result of the novel coronavirus (COVID-19). The declaration would make additional federal resources available to the state’s small businesses to provide needed relief during this unprecedented time.
WASHINGTON— U.S. Senators John Boozman and Tom Cotton—along with Congressmen Rick Crawford, French Hill, Steve Womack and Bruce Westerman—pressed the Trump administration to maintain access to vetted, temporary workers to help ensure America’s agriculture industry has the workforce it needs to continue producing our domestic food supply as our nation combats the novel coronavirus.
The U.S. Constitution requires that the president give a State of the Union address “from time to time,” in order to inform the American people on national matters. This address has become an annual tradition, and it’s always a big night on Capitol Hill as we hear directly from the president on the year behind us and what’s to come.
WASHINGTON – Today, U.S. Rep. Bruce Westerman (R-Ark.) released the following statement in response to President Donald Trump’s State of the Union Address to a joint session of Congress:
Trade with international allies is the backbone of the American economy. Importing and exporting goods and services not only sustains millions of American jobs, but it also provides the food we eat, the clothes we wear, the cars we drive and much more. Two of our most important trading partners are our neighbors to the north and south, Canada and Mexico. That’s why the United States, Mexico and Canada Agreement (USMCA) is such a boost for American manufacturing and agriculture.