Senator Todd Young Visits Terre Haute to announce RESTART Act Proposal

Senator Todd Young of Indiana is sponsoring an effort to get the economy going again. He was in Terre Haute on Thursday morning to talk about his RESTART Act proposal.

Posted: May 28, 2020 6:27 PM

TERRE HAUTE, Ind. (WTHI) - Senator Todd Young of Indiana is sponsoring an effort to get the economy going again. He was in Terre Haute on Thursday morning to talk about his RESTART Act proposal.

Senator Young spoke at the Terre Haute Children’s Museum about his plan of Reviving the Economy Sustainably Towards a Recovery in 2020, or the RESTART Act for short.

Young, a Republican, is working with Democratic Senator Michael Bennet of Colorado. Here’s what it entails.

It will build upon the Paycheck Protection Program (PPP). Senator Young says this has been a positive jolt to the Indiana Economy during this tough time—like the Terre Haute Children’s Museum, for example. They were able to keep all 22 of their employees.

The PPP, however, requires funds to be spent in eight weeks. Senator Young believes this is too short of a time frame for businesses. The first part of the RESTART Act is a proposal to extend the time frame from eight weeks to 16 weeks. His plan would allow businesses to use these funds and still be eligible for forgiveness. It would also expand the loan program to all nonprofits as well, many of which previously had no access at all.

“Our new RESTART program provides loans covering up to six months of payroll and fixed operating costs for businesses and nonprofits that have been especially adversely impacted by the COVID-19 pandemic,” Senator Young said, “We in Congress need to continue to do our part to ensure that our employers are made whole, that our employees have places to go back to work. and that vital community assets, like the Children’s Museum of Terre Haute, stay in business.”

Executive Director of the Children’s Museum Susan Turner talked about how they’ve benefitted from the PPP and why she supports the Senator’s proposal.

She says without the PPP, they would not have been able to keep paying their employees or have been able to keep offering services to our community.

They have been able to continue creating social media videos to keep families engaged with science education. They also will be distributing STEM play packs to 1,000 families in our community during the next couple of weeks.

Turner explains why the RESTART Act proposal can continue to help local businesses like the Children’s Museum.

“Our PPP actually runs out on June 19th, and we are hoping to open on June 18th. So I’m going to need people to start coming to see me pretty immediately so we can continue to do the great work that we do,” Turner said, “Having an extension of the PPP would be a huge, huge win for us. Allowing us to use the entirety of that loan would be wonderful.”

Senator Young says that he and Senator Bennet are seeking co-sponsorships right now on the proposal. It’s the first step in getting bipartisan support, but he says it’s clear that this is a very popular proposal among the public.

Terre Haute
Clear
65° wxIcon
Hi: 85° Lo: 59°
Feels Like: 65°
Robinson
Clear
65° wxIcon
Hi: 83° Lo: 57°
Feels Like: 65°
Indianapolis
Clear
64° wxIcon
Hi: 84° Lo: 61°
Feels Like: 64°
Rockville
Clear
63° wxIcon
Hi: 83° Lo: 59°
Feels Like: 63°
Casey
Clear
64° wxIcon
Hi: 83° Lo: 60°
Feels Like: 64°
Brazil
Clear
65° wxIcon
Hi: 84° Lo: 59°
Feels Like: 65°
Marshall
Clear
65° wxIcon
Hi: 83° Lo: 58°
Feels Like: 65°
Low chance of storms tonight with clearing conditions
WTHI Planner
WTHI Temps
WTHI Radar

Latest Video

Image

Monday: Mostly sunny with average temperatures. High: 86°

Image

Federal Executions Resuming

Image

TH Women's City Golf Championship

Image

Sunday Morning Forecast Update

Image

Saturday Morning Forecast Update

Image

Ryan Lieberman

Image

Zoe Stewart

Image

WVFCA Friday Night Lights

Image

Tim Hayes

Image

Keeping your house cooler without running the A.C. all day

WTHI Events

 

Illinois Coronavirus Cases

(Widget updates once daily at 7 p.m. CT)

Confirmed Cases: 155048

Reported Deaths: 7388
CountyConfirmedDeaths
Cook955574725
Lake10378428
DuPage9719486
Kane8107281
Will7278326
Winnebago3169106
St. Clair2304144
McHenry2266102
Kankakee143166
Madison119870
Rock Island119430
Unassigned1185201
Kendall106323
Champaign104017
Peoria66630
DeKalb64220
Boone63721
Sangamon53133
Jackson35619
McLean32215
Randolph3157
Ogle3144
Stephenson2856
LaSalle25917
Macon25322
Clinton24616
Union21219
Whiteside21215
Grundy1945
Coles19117
Iroquois1755
Tazewell1758
Knox1700
Adams1691
Williamson1614
Monroe15913
Warren1490
Cass1409
Morgan1344
Henry1161
Jefferson11417
McDonough10815
Lee1072
Vermilion892
Pulaski840
Marion770
Montgomery741
Macoupin693
Douglas610
Perry611
Jo Daviess551
Livingston552
Christian514
Woodford482
Jasper477
Franklin460
Jersey431
Ford421
Clark410
Bureau372
Menard320
Effingham311
Cumberland290
Mercer290
Johnson260
Alexander250
Washington250
Fayette243
Mason240
Moultrie240
Wabash230
Bond222
Carroll212
Hancock211
Logan210
Piatt210
Crawford200
Shelby201
Edgar190
Wayne191
De Witt180
Saline170
Fulton160
Massac160
Schuyler130
Lawrence120
Marshall120
Brown100
White100
Greene90
Richland90
Henderson80
Hamilton70
Pike70
Gallatin60
Stark60
Clay50
Edwards50
Calhoun10
Hardin10
Pope10
Putnam10
Scott10
Out of IL00

Indiana Coronavirus Cases

(Widget updates once daily at 8 p.m. ET)

Confirmed Cases: 51612

Reported Deaths: 2760
CountyConfirmedDeaths
Marion12074693
Lake5650249
Elkhart361860
Allen2952134
St. Joseph214869
Hamilton1708101
Cass16459
Hendricks1466100
Johnson1345118
Porter84038
Tippecanoe7799
Vanderburgh7686
Clark71144
Madison67864
LaPorte62328
Howard60758
Bartholomew60145
Kosciusko5824
Marshall5579
Noble52028
Boone49144
LaGrange48610
Jackson4783
Delaware47552
Hancock46836
Shelby45925
Floyd41444
Monroe34828
Morgan34531
Grant32226
Dubois3096
Montgomery29820
Henry29618
Clinton2903
White27610
Dearborn26523
Warrick26129
Vigo2588
Decatur25632
Lawrence25225
Harrison21822
Greene19632
Miami1942
Jennings17912
Putnam1738
DeKalb1694
Scott1659
Wayne1586
Daviess15117
Perry14910
Steuben1382
Orange13723
Jasper1362
Ripley1347
Franklin1288
Gibson1242
Wabash1163
Carroll1142
Starke1083
Whitley1076
Fayette1067
Newton10110
Huntington942
Jefferson872
Wells821
Randolph804
Fulton731
Jay720
Knox710
Washington681
Pulaski661
Clay645
Rush623
Posey610
Spencer571
Owen521
Benton510
Sullivan501
Adams491
Brown431
Blackford402
Fountain362
Crawford330
Switzerland320
Tipton321
Parke270
Martin260
Ohio230
Vermillion200
Warren151
Union140
Pike120
Unassigned0193