President Trump and Iowa Republican’s Paycheck Protection Program is paying dividends for American workers.
Last Friday, the Department of Labor reported a stunning 2.5 million jobs created in May, by far the largest monthly increase on record.
Economists across the country are hailing the PPP as a success for its role in limiting the economic damage caused by the pandemic, particularly in the restaurant and bar sector which created a staggering 1.4 million jobs last month.
And just last week, President Trump passed legislation providing more flexibility for businesses using the PPP, expanding the period for using loans from 8 weeks to 24. This change will give small business owners even more time to invest in their companies and create even more opportunities for American workers to get back into their jobs.
Bottom Line: President Trump and Iowa Republicans are delivering for Iowa workers and small businesses. They’ve already built the best economy in Iowa’s history once, and they will do it again after they are re-elected this November.