Small Business
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While the COVID-19 pandemic continues its destructive pace, the devastating effects on the economy have come into clearer view. No business, small or large, is immune from the effects of the virus and the measures we are taking to counter it. Fortunately, Congress and President Trump have been hard at work to come up with solutions for keeping businesses and their employees afloat during this pandemic.
Washington, D.C. – Congressman Adrian Smith released the following statement after voting to pass the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266) today. H.R. 266 replenishes funding for the Paycheck Protection Program (PPP), provides additional monetary assistance for health care providers and hospitals, and expands testing for COVID-19. PPP was created by the CARES Act to keep workers on payroll at businesses and nonprofits with fewer than 500 employees which have been impacted by social distancing guidelines.
In order to address COVID-19, Congress and President Trump have enacted three major pieces of legislation to fight this disease and help as many Americans as possible stay employed, with the goal of resuming our strong economy as soon as possible when this pandemic subsides. While agencies such as Treasury and the Small Business Administration (SBA) are working to roll out these programs as quickly as possible, I hope the information below will be helpful to you in this challenging time.
Just a few weeks ago, we were in the midst of the strongest economy in years. We now find ourselves with questions about what will happen to our economy due to the COVID-19 outbreak. In contrast with other times of economic uncertainty, this interruption in our economy was not caused by bad decisions or nefarious actors, nor were we nearing the end of a business cycle. It was caused by a viral pandemic: a natural disaster. Though it may be painful, American resolve will bring us through this crisis.
Every year, when Congress adjourns for an extended district work period during August, I continue to take the opportunity to travel the district, hold meetings, and find out what is on the minds of Nebraskans across the Third District. This August I met with folks all across the district, from Auburn and Peru to Alliance and Scottsbluff, and many communities in between. I appreciated hearing their insights.
Washington, D.C. - Congressman Adrian Smith (R-NE) released the below statement following Vice President Mike Pence’s visit to Nebraska on Tuesday to survey damage caused by severe weather and ongoing flooding.
Statement from Smith:
WASHINGTON, D.C. – President Donald Trump on Thursday evening signed H.R. 4689, legislation championed by Congressman Adrian Smith (NE-03) and U.S. Senator Deb Fischer (R-Neb.) to rollback outdated regulations negatively affecting ag producers in the Nebraska panhandle. The bill passed the House of Representatives in September and the Senate in December.
Washington, D.C. – Congressman Adrian Smith (R-NE) made the following statement after joining President Donald Trump at the White House for the signing of the 2018 Farm Bill.
Today, Congressman Adrian Smith (R-NE) announced the 2018 Excellence in Economic Development awards. The competition is open to individuals, businesses, and organizations throughout the Third District who strengthen Nebraska’s economy through innovation, hard work, creativity, entrepreneurship, or historic preservation.
Washington, D.C. – Today, Congressman Adrian Smith (R-NE) joined Congresswoman Terri A. Sewell (D-AL) to introduce H.R. 5506, the Physician Assistant Direct Payment Act, to allow physician assistants (PAs) to directly bill Medicare.
Statement by Smith: