U.S. Senator Marco Rubio (R-FL) joined Special Report with Bret Baier to discuss the impending government shutdown, the possibility of a Saudi-Israeli normalization deal, and the indictment of Senator Bob Menendez (D-NJ). See below for highlights and watch the full...
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U.S. Senator Marco Rubio (R-FL) joined The Aaron Renn Show to discuss Rubio’s Labor Day report on working (and non-working) men. See below for highlights and listen to the full interview here. On protecting American jobs and interests: “We made a series of economic...
U.S. Senator Marco Rubio (R-FL) debated Senator Chris Coons (D-DE) on China, global leadership, and environmental policy at an event hosted by the Bipartisan Policy Center’s Senate Project at George Washington University. “We have to shape a future that recognizes...
Inteligencia Artificial: El Congreso de EE.UU. debería pensar antes de regular la industria Por: El senador estadounidense Marco Rubio 22 de septiembre del 2023 Diario Las Américas “Es necesario legislar y aprender al mismo tiempo”. Esta broma reciente del senador...
Washington, D.C. — U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, will introduce, and attempt to pass in the Senate by unanimous consent, a targeted proposal to immediately open up the Small Business Administration’s (SBA) 7(a) loan program, offered by banks nationwide, to provide near-term relief to America’s small businesses that face payroll and operational challenges due to economic effects from the coronavirus pandemic. Last night in his address to the nation, President Trump called on Congress to pass legislation giving the SBA more resources to provide relief to small businesses, and Chairman Rubio announced that his committee would immediately get to work on a bipartisan bill.
“This morning, I will be moving to act on the President’s request to Congress that he outlined last night in his address to the nation,” Chairman Rubio said. “Specifically, I will introduce and attempt to pass a plan in the Senate today that puts forward a targeted proposal to help our nation’s small businesses that have been impacted by the coronavirus.
“By increasing the SBA’s current 7(a) loan program by $50 billion, this program, which is offered by banks across our nation, will provide small businesses with access to much-needed capital to make payroll and provide paid sick leave for employees who miss work as a result of the coronavirus,” Chairman Rubio continued. “Additionally, this proposal will waive all fees for 7(a) loans for one year for both lenders and borrowers, as well as increase the loan guarantees. These are decisive steps that I believe will enjoy strong bipartisan support, and I am hopeful that every one of my colleagues will join me in this effort to prevent people from losing their jobs and our small businesses from going bankrupt.”
Specifically, Chairman Rubio’s bill would: