Sens. Cruz, Rubio, Capito, Tillis Introduce Loan Interest Forgiveness for Taxpayers Under a Pandemic Act
(WorldNews Health)

WASHINGTON, D.C. - U.S. Sens. Ted Cruz (R-Texas), Marco Rubio (R-Fla.), Shelley Moore Capito (R-W.Va.), and Thom Tillis (R-N.C.) today introduced the Loan Interest Forgiveness for Taxpayers Under a Pandemic (LIFT UP) Act, legislation that would expand the eligibility for debt forgiveness provided in the CARES Act to small businesses that received Small Business Administration (SBA) disaster loans. `Small businesses are the backbone of our economy, and it`s important we provide job creators the tools they need to grow our way out of this crisis,` Sen. Cruz said. `In Texas, many small businesses are still trying to recover and rebuild from Hurricane Harvey -...