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Pelosi urges Republicans to support Biden’s American Rescue Plan

By Oluwaseun Sonde

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The United States House Speaker, Nancy Pelosi has urges Republicans in Congress to join in support of President Joe Biden’s American Rescue Plan for families and small businesses in the communities and throughout the country. In a statement released by the Speaker on Monday, over executive actions taken by the Biden-Harris Administration to increase equitable assistance for small businesses in America.

“Today, President Biden has extended a lifeline that will make a difference for struggling small businesses, save American jobs and power the American economy, while promoting equity and fairness across Main Street.

“Biden Administration’s reforms will also build on recent PPP successes in increasing assistance to businesses with ten or fewer employees in underserved and rural areas and through community-based lenders that specialize in serving those markets”, she said.

Pelosi added that these vital reforms will expand access to the Paycheck Protection Program to the hardest-hit businesses that anchor America low and middle-income and communities of color. 

“Importantly, they will ensure that sole proprietors, which are overwhelmingly women and minority-owned and also serve our immigrant communities, are not left behind”, she said.

She noted that as President Biden advances these actions, the House is preparing this week to pass the President’s American Rescue Plan: transformative legislation to crush the virus and deliver urgently needed relief. 





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