Change History for Conoce a John - John Hickenlooper for U.S. Senate

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We need to take action now to protect our small businessesSkip to main content Enable accessibility for visually impaired Open the accessibility menu Skip to content CHIP IN $10 TO SUPPORT JOHN HICKENLOOPER >> CHIP IN $10 TO SUPPORT JOHN HICKENLOOPER >> Home Meet John Español Facebook-f Twitter Instagram Spotify Donate Now Donate Now Saving our Small Businesses Half of small businesses only have about a [DATE REMOVED] cash buffer before they collapse, but most Colorado businesses have been asked to close through late [DATE REMOVED] at the earliest as we work to flatten the curve of COVID-19. Washington said help was on the way but for far too many, it just hasn’t gotten there. Our smaller neighborhood businesses are particularly vulnerable. The relief bill includes $349 billion for loans to this beleaguered group — but there are huge problems. The lending rules have not been clear, and some banks don’t want to participate. Many community banks, especially in small towns and rural areas, are not approved as lenders. The smallest businesses who need help the most don’t have the lobbyists and accountants that bigger companies have on their side to navigate the system. The stakes could not be higher for our 630,000 small businesses in Colorado and the 1.1 million Coloradans they employ.  We must accelerate our efforts to enable small businesses to keep workers on payroll, help households and small businesses survive, and build resilience and the foundation for a restart of our economy. Here are four actions we can and must take now to protect our small businesses: Boost the Small Business Administration’s Capacity — The SBA guarantees loans and oversees the loan forgiveness provisions. Already lenders have experienced impediments from SBA delays in providing guidelines and other critical information to make the loans and a breakdown in the SBA system for processing the loans.  In many rural and small towns, the primary lenders are community banks that have not been fully included in the program. They ought to be added immediately. The SBA currently administers about $25 billion through this program, an average of about $2 billion per month, and is now looking at a rapid-scale increase up to $349 billion to be delivered in just [DATE REMOVED] — that’s nearly $175 billion per month!  The relief package allocated funding for administrative purposes, and those funds must be used to enhance the SBA’s capacity. They’ve got to hire more people, and fast. Get Relief Out Quickly — Even under the most optimistic scenarios, the SBA loans may come too late to prevent many businesses from closing shop. But state emergency small business and nonprofit relief funds, as well as Community Development Finance Institutions, stand ready to help meet the urgent needs of small businesses and serve as a stopgap and intermediary for the distribution of federal funds. I support leveraging existing platforms, such as the Community Reinvestment Fund’s common loan applications for business and loan origination software, to address the small business liquidity and solvency crisis as quickly as humanly possible. Give the Smallest Small Businesses Tools to Succeed — We already know that the smallest businesses who don’t have accountants with the appropriate experience to help navigate the loan process are not as well positioned as the bigger companies. The cost of replacing 80% of all small businesses’ lost revenue for [DATE REMOVED] is estimated at more than $1.2 trillion. Congress must address this gap in its anticipated phase four relief bill and this time they should prioritize the smaller businesses. We should consider specific funding for businesses with less than 50 employees. The guiding principles of delivering additional funding should be speed and use of existing technology, information, and infrastructure wherever possible. Examples of this approach include “reverse payroll withholding,” which has been proposed by Erik Gerding of the University of Colorado Law School. Under this proposal, the IRS could use its existing FICA withholding process to disburse funds to small businesses quickly, leveraging available data such as bank routing numbers to make payments. The amount would be ten times the employer’s social security withholding from [DATE REMOVED], which would cover up to 62% of an employer’s payroll, under the premise that this money is used to pay workers. A coalition of financial technology (FinTech) leaders has proposed another means of direct stimulus funding for small businesses, utilizing the existing infrastructure of merchant accounts and card networks to deliver these funds immediately. Sow the Seeds of Broader Recovery — We must start planning for an eventual economic restart now, by taking actions such as working with the private sector to create capital pools and develop financial products that can continue to fund small businesses once the crisis has passed. We need to strengthen the small business safety net by exploring the creation of business interruption insurance related to pandemics. The COVID-19 relief bill passed with overwhelming support by both parties. Now we must act with equal urgency and bipartisanship to streamline and accelerate the delivery of those resources to the people and small businesses who need them most urgently. In a time of existential risk to our small businesses — which constitute the lifeblood of our economy — we need to be creative and bold to deliver desperately-needed funding much more rapidly. Share on facebook Share on twitter Share on linkedin Share on email Share on print Join Us Email Address Zip Code Phone Number By providing your cell phone number you consent to receive 10 or more recurring updates or donation asks each month from Hickenlooper for Colorado by automated text message. Txt HELP for help, STOP to end. Msg&Data rates may apply. Privacy Policy. Terms of Service. Home Privacy Policy Terms Accessibility Volunteer Donate PAID FOR BY HICKENLOOPER FOR COLORADO PO Box 18886, Denver, CO 80218 hello@hickenlooper.com Facebook-f Twitter Instagram Flickr Spotify Youtube
hickenlooper.com15 days ago

ENDORSEMENT: Durango Herald Taps Hickenlooper for U.S. Senate - John Hickenlooper for U.S. SenateSkip to main content Enable accessibility for visually impaired Open the accessibility menu Skip to content CHIP IN $10 TO SUPPORT JOHN HICKENLOOPER >> CHIP IN $10 TO SUPPORT JOHN HICKENLOOPER >> Home Meet John Español Facebook-f Twitter Instagram Spotify Donate Now Donate Now OCTOBER 15, 2020 ENDORSEMENT: Durango Herald Taps Hickenlooper for U.S. Senate “ON THE MOST SIGNIFICANT ISSUE FACING AMERICANS, ACCESS TO PROPERLY PRICED HEALTH INSURANCE AND MEDICAL CARE, SENATE CANDIDATE JOHN HICKENLOOPER EASILY DESERVES SUPPORT” Today, John Hickenlooper earned the endorsement of the Durango Herald editorial board, his [DATE REMOVED] editorial board endorsement in the U.S. Senate race. In their endorsement, the Durango Herald writes that Hickenlooper is the only candidate who will protect Coloradans’ health care. The editorial also notes Hickenlooper’s success as governor in creating the state’s first water plan, his experience in small business, and his plan for “moving the country toward more renewable fuels and conservation.” Other recent endorsements include: The Denver Post, The Colorado Sentinel, The Grand Junction Daily Sentinel, El Semanario, The Vail Daily, Colorado Springs Indy, and Boulder Weekly.   Read the Durango Herald’s endorsement here or see excerpts below:Endorsements: For U.S. Senate, only one candidate has right stance on health care On the most significant issue facing Americans, access to properly priced health insurance and medical care, Senate candidate John Hickenlooper easily deserves support.  … Incumbent Sen. Cory Gardner, on the other hand, clings to longtime notions of the cure lying with cross-state line and common employment plans and medical savings accounts. Those ingredients, which would have been somewhat helpful in pre-ACA days, would fail to bring the breadth and depth needed to give Americans the coverage and bill paying they deserve. Coverage should be portable and not based on employment, nor should health care bills bring families to bankruptcy. The Affordable Care Act, which made it possible for millions to gain insurance, is not perfect. Hickenlooper would work to improve and expand it, while Gardner would vote to toss it out with no successor plan. The solutions do not lie in returning to pre-ACA. … But the Herald’s editorial board likes, as it has before, Hickenlooper’s roots in business. His brewpub, done collaboratively with other nearby business owners, brought economic vitality to several blocks of downtown Denver and added to the craft beer industry statewide. He served as Denver’s mayor. As governor he oversaw the creation of improved oil and gas exploration rules by conversation and negotiation rather than by force. The state’s first water plan, with more negotiation, was another badly needed product. … While Hickenlooper would be a leader in moving the country toward more renewable fuels and conservation, he has firmly stated that he is not an advocate for the extreme Green New Deal.  … Adding another Democrat to that party’s side of the aisle in Washington would help break the current Senate logjam, which is desirable. Hickenlooper would be helpful by envisioning the future and bringing his penchant for applying negotiations and moderate positions that made him good for Colorado. We endorse John Hickenlooper for U.S. Senate. Share on facebook Share on twitter Share on linkedin Share on email Share on print Join Us Email Address Zip Code Phone Number By providing your cell phone number you consent to receive 10 or more recurring updates or donation asks each month from Hickenlooper for Colorado by automated text message. Txt HELP for help, STOP to end. Msg&Data rates may apply. Privacy Policy. Terms of Service. Home Privacy Policy Terms Accessibility Volunteer Donate PAID FOR BY HICKENLOOPER FOR COLORADO PO Box 18886, Denver, CO 80218 hello@hickenlooper.com Facebook-f Twitter Instagram Flickr Spotify Youtube
hickenlooper.com3 months ago

NEW AD: Cory Gardner’s Climate Charade - John Hickenlooper for U.S. SenateSkip to main content Enable accessibility for visually impaired Open the accessibility menu Skip to content CHIP IN $10 TO SUPPORT JOHN HICKENLOOPER >> CHIP IN $10 TO SUPPORT JOHN HICKENLOOPER >> Home Meet John Español Facebook-f Twitter Instagram Spotify Donate Now Donate Now OCTOBER 16, 2020 NEW AD: Cory Gardner’s Climate Charade Today Hickenlooper for Colorado released a new TV ad, “Says/Does,” highlighting Senator Cory Gardner’s bald-faced attempts to tell Coloradans he cares about the environment while stonewalling efforts to combat climate change and gutting protections for clean air and water.  The ad follows Gardner’s election-year attempts to deceive voters about his toxic environmental record, including using a sham environmentalist group no actual environmental advocates had heard of in a campaign ad. Gardner has a lifetime environmental voting record of just 11% from the League of Conservation Voters, which named him to their “Dirty Dozen” list of the most anti-environmental candidates. Transcript: HICKENLOOPER: I’m John Hickenlooper and I approve this message. NARRATOR: Don’t be fooled by what Cory Gardner says about the environment.  What Cory Gardner does got him named one of the Dirty Dozen — one of the very worst pollution records in Congress. His votes put a coal lobbyist in charge of the EPA. Gutted protections for our air and water. He stonewalled major efforts to combat climate change. And right now Cory Gardner is blocking a bipartisan effort to protect public lands, like the Thompson Divide, from drilling. Don’t get conned by Cory. Share on facebook Share on twitter Share on linkedin Share on email Share on print Join Us Email Address Zip Code Phone Number By providing your cell phone number you consent to receive 10 or more recurring updates or donation asks each month from Hickenlooper for Colorado by automated text message. Txt HELP for help, STOP to end. Msg&Data rates may apply. Privacy Policy. Terms of Service. Home Privacy Policy Terms Accessibility Volunteer Donate PAID FOR BY HICKENLOOPER FOR COLORADO PO Box 18886, Denver, CO 80218 hello@hickenlooper.com Facebook-f Twitter Instagram Flickr Spotify Youtube
hickenlooper.com4 months ago