US NATIONAL NEWS
White House says during an Extreme Republican Shutdown, American Small Businesses Would Lose Out on More Than $100 Million in Critical Financing Every Day
Published
1 year agoon
By
FNN NEWSDuring an Extreme Republican Shutdown, American Small Businesses Would Lose Out on More Than $100 Million in Critical Financing Every Day, Florida Small Businesses would lose over $10 Million.
With just one day before the end of the fiscal year, extreme House Republicans are playing partisan games with peoples’ lives and livelihoods and marching our country toward a government shutdown that would have devastating consequences for small businesses and needlessly undermine America’s economic progress. Their partisan approach stands in stark contrast to the Senate’s bipartisan action toward keeping the government open and abiding by the bipartisan budget deal two-thirds of House Republicans voted for just four months ago.
An Extreme Republican Shutdown would force the Small Business Administration (SBA) to stop processing new business loans for small businesses. Each weekday the government is shut down, hundreds of small businesses would see their 7(a) and 504 loan applications fail to move forward. That means extreme House Republicans would deny more than $100 million in critical financing to American small businesses every day. These delays can have devastating consequences for small business owners and the communities they support, including losing the ability to purchase critical real estate or equipment, losing out on business deals and opportunities, and being forced into high-interest, price-gouging loans. A shutdown would also make it harder for small businesses to access federal contracting opportunities by halting the processing of applications for nearly all government contracting programs—only months after the SBA announced that the Biden-Harris Administration had awarded a record $163 billion in contracts to small businesses in Fiscal Year 2022. And an Extreme Republican Shutdown would close SBA’s district offices, preventing more than 2,000 Americans every day from receiving assistance.
During the first two years of the Biden-Harris Administration, Americans filed more than 10.5 million applications to start new small businesses, the two strongest years on record—part of the President’s Bidenomics agenda to grow the economy from the middle out and the bottom up.
The reason this critical support for small businesses is now at risk: extreme House Republicans’ relentless efforts to slash funding for vital programs—including those that help small businesses—rather than work in a bipartisan manner to keep the government open and address emergency needs for the American people. House Republicans have turned their backs on the bipartisan budget deal that two-thirds of them voted for just a few months ago and instead proposed a continuing resolution (CR) that would make devastating cuts to programs that millions of hardworking Americans count on—including to the Small Business Administration.
Below is a state-by-state estimate of the more than $100 million in financing that small businesses would lose out on every day during an Extreme Republican Shutdown:
State | Average Small Business Financing Delayed Each Business Day[1] |
Alabama | $985,300 |
Alaska | $334,000 |
Arizona | $3,175,300 |
Arkansas | $666,700 |
California | $22,465,000 |
Colorado | $3,796,100 |
Connecticut | $1,175,000 |
Delaware | $219,100 |
District of Columbia | $245,100 |
Florida | $10,331,700 |
Georgia | $5,494,100 |
Hawaii | $147,600 |
Idaho | $1,136,800 |
Illinois | $5,246,700 |
Indiana | $2,495,600 |
Iowa | $933,100 |
Kansas | $791,400 |
Kentucky | $766,600 |
Louisiana | $1,163,300 |
Maine | $498,600 |
Maryland | $1,480,300 |
Massachusetts | $2,198,500 |
Michigan | $3,772,900 |
Minnesota | $3,677,600 |
Mississippi | $526,900 |
Missouri | $2,054,600 |
Montana | $513,200 |
Nebraska | $764,200 |
Nevada | $1,465,200 |
New Hampshire | $715,200 |
New Jersey | $3,433,800 |
New Mexico | $616,100 |
New York | $5,589,200 |
North Carolina | $3,353,800 |
North Dakota | $382,100 |
Ohio | $4,627,400 |
Oklahoma | $1,304,300 |
Oregon | $1,985,400 |
Pennsylvania | $3,963,500 |
Rhode Island | $392,500 |
South Carolina | $1,631,000 |
South Dakota | $449,100 |
Tennessee | $1,484,100 |
Texas | $12,658,400 |
Utah | $3,069,000 |
Vermont | $200,400 |
Virginia | $2,122,200 |
Washington | $3,780,600 |
West Virginia | $246,300 |
Wisconsin | $3,027,800 |
Wyoming | $268,800 |
You may like
US NATIONAL NEWS
Remembering Lynette “Diamond” Hardaway: A Political Trailblazer for President Trump
Published
6 days agoon
December 1, 2024By
Willie DavidORLANDO, Fla. (FNN) — November 25 would have marked the 53rd birthday of Lynette “Diamond” Hardaway, the electrifying internet star and one-half of the conservative duo Diamond and Silk, whose influence helped galvanize President Donald Trump’s campaigns. Tragically, Diamond passed away on January 8, 2023, at the age of 51, leaving behind a legacy as one of Trump’s most loyal and outspoken supporters.
Remembering Lynette “Diamond” Hardaway: Celebrating Her Legacy on Her 53rd Birthday
A Star in the Conservative Media Universe
Diamond and her sister, Rochelle “Silk” Richardson, became household names during Trump’s 2016 presidential campaign. Self-proclaimed former Democrats turned Republicans, the sisters used their platform to champion Trump’s policies and engage millions of followers online. Their bold commentary and unapologetic style made them both beloved and controversial figures in conservative media circles.
Diamond’s larger-than-life personality stood out, with her passionate speeches and sharp wit energizing crowds at Trump rallies. One such moment occurred in Melbourne, Florida, on February 18, 2017, where the duo opened for Trump. Florida National News (FNN) captured behind-the-scenes footage and an exclusive interview with Diamond and Silk, showcasing their dedication to the “Make America Great Again” movement.
Diamond of Diamond and Silk: Her Political Impact on President Trump’s Campaigns
Trump’s Tribute to Diamond
Upon Diamond’s unexpected passing, Trump himself shared a heartfelt tribute, describing her as “magnificent” and “beautiful.” He credited her with being a powerhouse who gave her all to the cause, writing, “There was no better TEAM anywhere, or at any time! Diamond’s death was totally unexpected, probably her big and precious HEART just plain gave out.”
A Legacy of Loyalty and Influence
Diamond and Silk were frequent guests at the White House during Trump’s presidency, underscoring their importance in conservative politics. Their YouTube videos and public appearances not only energized Trump’s base but also broadened his appeal to diverse audiences, making the duo pivotal in his messaging strategy.
Their impact extended beyond politics; they symbolized a bold, unfiltered voice in a polarized media landscape, inspiring others to be unapologetically authentic in their beliefs.
Diamond’s 7 Takeaways for Supporters
- Passion Leads: Diamond’s speeches showed the power of speaking from the heart.
- Consistency is Key: The duo’s dedication over years built a loyal following.
- Boldness Pays Off: Their fearless commentary made them trailblazers in the media.
- Teamwork Matters: Diamond and Silk’s chemistry amplified their message.
- Engage with Your Base: Their direct interaction with followers kept their audience invested.
- Adaptability Wins: Moving from YouTube to mainstream platforms, they stayed relevant.
- Loyalty Lasts: Their unwavering support for Trump solidified their legacy.
Exclusive: Florida National News Recalls Diamond and Silk’s Role in Trump’s Rise
Florida National News Exclusive
In FNN’s exclusive interview, Diamond shared her hopes for America, saying, “This country is great because of its people. Our mission is to remind them that their voice matters.” This sentiment resonated deeply with their audience and continues to inspire.
Honoring a Legacy
As we reflect on Diamond’s life, we celebrate a woman whose passion and authenticity left an indelible mark on politics and media. While her presence is missed, her legacy endures.
______________________________________________________________
J Willie David, III
Florida National News and FNN News Network
news@FloridaNationalNews.com
US NATIONAL NEWS
Trump-Vance Transition Team Condemns Violent Threats Against Cabinet Nominee
Published
1 week agoon
November 28, 2024By
FNN NEWSWEST PALM BEACH, Fla. (FNN) – The Trump-Vance Transition Team has issued a strong condemnation following a series of violent threats directed at President Trump’s Cabinet nominees and administration appointees. The incidents included bomb threats and “swatting” attacks targeting the nominees and their families.
“Last night and this morning, several of President Trump’s Cabinet nominees and Administration appointees were targeted in violent, unAmerican threats to their lives and those who live with them. These attacks ranged from bomb threats to ‘swatting.’ In response, law enforcement and other authorities acted quickly to ensure the safety of those who were targeted. President Trump and the entire Transition team are grateful for their swift action,” stated Karoline Leavitt, spokesperson for the Trump-Vance Transition Team.
The threats come as the Transition Team prepares for the official handover of power and works to finalize Cabinet appointments. Despite these acts of intimidation, the team emphasized its commitment to the nation’s unity and future prosperity.
“President Trump and the Transition are focused on doing the work of uniting our nation by ensuring a safe and prosperous future. With President Trump as our example, dangerous acts of intimidation and violence will not deter us,” Leavitt continued.
Key Points
- Multiple violent threats, including bomb threats and swatting, targeted Trump’s Cabinet nominees and appointees.
- Law enforcement responded quickly, ensuring the safety of those involved.
- The Trump-Vance Transition Team remains committed to its mission of unity and a prosperous future for the nation.
- Spokesperson Karoline Leavitt called these actions “unAmerican” and vowed they would not deter the team’s efforts.
Impact
These threats underscore the heightened tensions surrounding political transitions and the critical role of law enforcement in ensuring public safety. The Trump-Vance Transition Team’s resolve demonstrates its commitment to a peaceful and focused preparation for the new administration, setting an example for perseverance in the face of adversity.
US NATIONAL NEWS
Trump-Vance Transition Team Signs MOU with Biden White House for Seamless Power Shift
Published
1 week agoon
November 27, 2024By
Willie DavidWEST PALM BEACH, Fla. (FNN) – The Trump-Vance Transition Team has entered a critical phase in its preparation for President-elect Donald J. Trump’s upcoming administration by signing a Memorandum of Understanding (MOU) with President Joe Biden’s White House. This agreement, a hallmark of orderly presidential transitions, establishes the framework for Trump’s team to integrate seamlessly into federal agencies and departments, ensuring operational readiness on Day 1.
Susie Wiles, Chief of Staff to President-elect Trump, emphasized the importance of this step, stating:
“After completing the selection process of his incoming Cabinet, President-elect Trump is entering the next phase of his administration’s transition. The MOU enables our Cabinet nominees and landing teams to begin critical preparations, ensuring a smooth and effective transition of power.”
Key Highlights from the Transition MOU
- Private Funding Commitment: The Trump Transition Team will operate entirely on private funding, eliminating reliance on taxpayer dollars and reflecting President Trump’s commitment to fiscal responsibility.
- Organizational Autonomy: The Transition will not use government-provided buildings, technology, or resources from the General Services Administration (GSA). This independence streamlines processes and reduces bureaucratic inefficiencies.
- Built-In Security: The team already has established security and information protections, negating the need for additional oversight.
- Ethics Plan Compliance: The Transition’s Ethics Plan, in line with the Transition Enhancement Act, ensures personnel meet ethical standards. This plan will be publicly accessible on the GSA website.
- Landing Team Transparency: Landing team members will be disclosed to the Biden Administration for transparency and effective integration.
- Donor Transparency: All donors to the Transition will be disclosed to the public, with strict policies against accepting foreign donations.
Impact of the Transition MOU
- Operational Readiness: The Trump-Vance Transition Team can immediately deploy landing teams to federal agencies, facilitating a smooth exchange of information and policies.
- Cost Savings: By forgoing taxpayer funding and government resources, the Transition demonstrates a commitment to financial efficiency.
- Public Trust: Transparent disclosures of donors and personnel aim to maintain public confidence in the Transition’s operations.
- Efficient Governance: With streamlined processes and ethical safeguards, the Trump Administration is poised to govern effectively from its first day.
What’s Next for the Trump Transition?
- Deployment of landing teams to federal agencies to assess operational needs.
- Continued Cabinet confirmations and policy briefings.
- Public disclosure of donors and Ethics Plan details to reinforce transparency.
_____________________________________________________________________________
J Willie David, III
Florida National News and FNN News Network
news@FloridaNationalNews.com
Trending
- Politics3 days ago
Minority Communities and Students Face Setbacks in Orange County’s Fight Over $2 Million Scholarship Funds
- Faith & Family2 days ago
Samaritan’s Purse Orlando Luncheon Inspires Support for Global Missions
- Politics2 days ago
Governor DeSantis Appoints Judges to 17th, 18th, and 20th Judicial Circuits
- Business4 days ago
Mayweather Boxing + Fitness: Where Seminole County Residents Knock Out Calories
- Entertainment4 days ago
Celia Cruz en Vivo – 100 Años de Azúcar Album, a Tribute to the Queen of Salsa, Takes Home 2024 Latin GRAMMY® Award