As you may have seen, this week, Congress passed the Paycheck Protection Program and Health Care Enhancement Act. This bill will replenish the Paycheck Protection Program, which will allow businesses to continue paying employees by offering financial assistance intended to be used for expenses like payroll, as well as provide additional resources to hospitals and health care workers on the front lines of fighting the COVID-19 outbreak. The day after the bill passed the House, President Trump signed it into law.
Like all bills, the success of this relief package will depend on how it is implemented. We in Congress have given an outline to federal agencies on how to help Americans struggling with this crisis. It is up to them to correctly administer our work.
With that in mind, I am thankful to be a member of the House Oversight and Reform Committee, which has the power to oversee the implementation of this bill and make sure that funds are properly utilized. In the previous COVID-19 relief package, the Paycheck Protection Program (PPP) was formed and businesses, and in turn employees, began to receive financial relief. Some of the funds, however, were given to businesses that either didn't need them or should not have qualified. Some of these businesses have returned the money and the Oversight and Reform Committee is looking similar cases to ensure relief is reaching its intended recipients.
I assure you that I will remain vigilant for government waste and work to correct any misappropriation of funds. |