ATTENTION Small Business Owners: The loan pipeline for the Paycheck Protection Program ("PPP") began flowing again this morning (Monday), following last week's vote in Congress for a second round of funding. That's the good news, but I'm not going to sugarcoat this.
*** The bad news is these additional funds WILL RUN OUT very soon.
If you're a small business owner who has both (A)… Read more »
Tonight, I’ll be traveling up to D.C. for an important vote taking place tomorrow. This is for a bill that’ll add additional funds to the new Paycheck Protection Program.
I’ll be voting “Yes.” During the COVID-19 pandemic, this program has been a critical lifeline not just to small businesses, but countless families who rely on them for jobs. The initial round of funding, which I voted… Read more »
UPDATE on the new Paycheck Protection Program (“PPP”). This is long-winded, but if you’re a small business owner, independent contractor, sole proprietor or self-employed, this post has some important information for you.
Over the last couple of weeks, the SBA and many lenders have been working hard to implement this program, and small businesses across the nation have been scrambling to… Read more »
FOR SMALL BUSINESS OWNERS
Governor Henry McMaster has submitted a formal request to the U.S. Small Business Administration (SBA) to make loans available for those small businesses in our state that are suffering economically due to the Coronavirus.
Once this request has been granted, which hopefully will be soon, the SC Commerce Department will provide specifics on how to apply for… Read more »
Do you remember those strange TV commercials from Tom Steyer before he dropped out of the Democrat presidential race? You know, the ones that claimed he could “beat Trump on the economy”? Those were always good for a few laughs.
This morning, we added yet ANOTHER link to the long chain of evidence proving how well our economy is actually doing. Economists missed the mark big time last… Read more »
Here’s a backwards piece of legislation that I’m voting NO on today. It’s called the “PRO Act” and is a giveaway to labor unions. There are multiple problems with this bill, but let me focus on three of the worst:
FIRST – South Carolina is what’s known as a “right to work” state. This means you are entitled to work in a unionized business without being required to belong to that labor… Read more »
Two totally different worlds – two completely different mindsets – were on full display last night. It was unlike any other State of the Union address I’ve seen, either in person or on TV.
There were a couple of themes to the President’s address. First, he took a well-deserved victory lap on numerous fronts: from the economy & trade to our military & war on terror. We must always… Read more »
This op-ed by Rep. Norman was originally published in The Sumter Item on January 31st, 2020.
When this president was sworn in, pundits scratched their heads at his promise to put America first.
Since taking office, our president has delivered on his promise to rebalance the scales of trade fairness. On Oct. 7 last year, he signed free trade agreements with Japan. Months later on Jan.… Read more »
Lost in much of the news coverage last week was that the U.S. signed Phase One of a new trade deal with China. More on that in a moment.
First let’s remember we've had major problems with that country, ranging from unfair trade practices to rampant intellectual property theft. It’s critical we recognize that China would have been nowhere near the negotiating table were it not for… Read more »
On Thursday, U.S. Congressman Ralph Norman issued the following statement after voting in favor of the USMCA:
"Ultimately what the USMCA does is help level the playing field for trade between the United States, Mexico, and Canada. The result will be more than half a million new American jobs, higher wages for our workers, and more opportunities for U.S. businesses.
"Although… Read more »
