The Senate Finance subcommittee on fiscal responsibility on Economic Growth is a virtual hearing on the fiscal outlook and i thank you all for participating. I thank you all for participating and i think its going to be good and im sorry we couldnt have had it in a more to say a more formal setting because it may been better attended. Im not sure any hearing we have had would be any more important in the spirit her witnesses will be the director of the Congressional Budget Office and jeans are darl who is the comptroller general of the United States in the head of the u. S. Government Accountability Office. With that i will make my Opening Statement and turned to Maggie Hassan my Ranking Member and then i think Ranking Member wise and for the entire committee for statement you would like to make as well. Again thank you all for being here. Im grateful to all who are joining us via the internet. Today we will address the topic a with refer to shy away from addressing her nations run awa
202140 upon competition. Tips and more information on how to get started at a website, student cam. Org. The house Small Business subcommittee held a hearing on the Paycheck Protection Program also known as ppe. Small Business Owners testified about their experiences applying for ppe loan forgiveness. An excellent how this process could be confusing. We are meeting today to conduct an important hearing onl the Small Business administration Paycheck Protection Program or ppe. Specifically, a review of the loan forgiveness process. I want to thank each of the witnesses for their testimonies today. In the pastovas several months s committee has held numerous hearings on ppe. We have heard from borrowers and lenders about the challenges they face. Ive also traveled across counties in new jersey to speak with Business Owners about how e they fared during this pandem. And for some of them discuss the challenges they face with the ppe. In uncertainty about the futureo holds. Borrowers to even
61,000 in the state of illinois. Sadly, we are quickly approaching a death toll of 100,000 americans, while more people continue to contract this coronavirus, another alarming trend has come to light. The coronavirus disproportionately affects minority communities. Black illinoisans make up less than 15 of the states overall population. However, they account for 34 of all coronavirus deaths. In chicago, black residents account for 52 of the total coronavirus deaths despite comprising only 30 of the citys population. Madam president , recently a survey of latinosat in illinois who make up 17 of our state population surpassed lack illinoisans in confirmed cases of coronavirus. Now latino illinoisans account for 23 of confirmed cases in the state, the most of any race or ethnicity. On a call last week i learned of the 34,000 africanamericans who had been tested in illinois, 36 were positive for coronavirus, of the 24,000 latinos tested 62 tested positive. 622 . Compare that to the 73,000
Here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will lead the senate in prayer. The chaplain let us pray. Eternal god, your words are true. Guide our lawmakers with your precepts. Give them a passion for whatever is just, worthy, and honorable. Guide them to cultivate such reverence for your providence that they will repeatedly pray for your will to be done. Remind them that if they faint under pressure, then their strength is too small. Help them, therefore, to look to you, for you are able to doi am measurably, abundantly above all that they can ask or imagine, according to your power working in and through them. We pray in your powerful name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam presi
Than 1 Million People have contracted the coronavirus in the United States. 61,000 in the state of illinois. Sadly we are quickly approaching a death toll of 100,000 americans. While more people continue to contract this coronavirus another alarming trend has come to light. The coronavirus disproportionately affects minority communities. Illinois makes up less than 50 of the states vulnerable population. They account for 34 of all coronavirus deaths. In Chicago Black residents account for 52 of the total coronavirus deaths despite comprising only 30 of the citys population. Madam president recently a survey of latinos and alumni who make up 17 of our states population surpassed black illinoisans in confirmed cases of coronavirus. Now latino illinoisans account for in the state that most cases of any race or ethnicity. On the c call with the Illinois Community Health Centers last week i learned 34,000 africanamericans who had been tested and alumni, 36 were positive for coronavirus and