DR. JOYCE HIGHLIGHTS PAYCHECK PROTECTION PROGRAM SUCCESS STORY IN BEDFORD COUNTY, URGES SUPPORT FOR EXTENSION

Washington, D.C - September 25, 2020 - (The Ponder News) -- U.S. Representative John Joyce (R-PA, 13th), a member of the House Small Business Committee, this week highlighted his support for small businesses and the Paycheck Protection Program (PPP).

Though the deadline to apply for Paycheck Protection Program assistance has passed, nearly $138 billion in funding remains unspent. Dr. Joyce signed a discharge petition to force a vote on H.R. 8265, which would extend the Paycheck Protection Program until December 31, 2020 and offer a lifeline to small businesses in Pennsylvania and around the country.

At Wednesday’s Small Business Committee hearing on the Paycheck Protection Program, Dr. Joyce asked Small Business Administration (SBA) Chief of Staff William Manger to explain the process for reopening the Paycheck Protection Program. Mr. Program testified that the SBA could “flip a switch” and get much-needed funding to small businesses. Watch their full exchange.

Small Business

Today's News about Small Business

Tillis, Colleagues Introduce Bipartisan Legislation to Help Small Businesses Restructure Debt
Source: Senator Thom Tillis (R-NC)
April 22, 2019
“The current one-size-fits-all method that dictates the Chapter 11 bankruptcy process unfairly disadvantages small businesses. This bipartisan legislation is a common sense approach to streamlining existing bankruptcy procedures while also providing new tools for small businesses looking for a successful path through restructuring,” said Senator Tillis.

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Chabot Praises Court Decision to End Overtime Rule

Source: House Small Business Committee

Washington, D.C. - September 8, 2017 (The Ponder News) -- Last week, a federal judge struck down the Obama administration’s costly Department of Labor’s (DOL) overtime rule. House Small Business Committee Chairman Steve Chabot (R-OH) commended the decision in the following statement:

“Small business owners, and their employees, can breathe a sigh of relief knowing they will have to worry about one less burdensome rule that hurts their business or affects their job. This is an issue the Committee has been working hard to reverse. I look forward to working with the new Administration as the Department of Labor continues to get feedback from stakeholders about what would be most favorable to small business owners,” said Chairman Chabot.

Chairman Chabot and Committee Republicans have focused on the DOL overtime rule throughout the 114th and 115th Congress.

The Committee has held numerous hearings and roundtables and sent letters explaining the damage this rule would cause to small businesses.

The Department of Labor is still inviting stakeholders to submit public comments on the overtime rule. For more information, the Committee has put together a Regulatory Watch page on our website to track regulatory proposals that have been published in the Federal Register and are open for public comment.