Senator Todd Young Visits Terre Haute to announce RESTART Act Proposal

Senator Todd Young Visits Terre Haute to announce RESTART Act Proposal

Continue to do our part to ensure that our employers are made whole and that our employees have places to go back to work and that vital community assets like the children's museum of terre haute stays in business."

Indiana senator todd young paid a visit to terre haute today.

This evening... we're learning more about his efforts to get indiana's economy moving again.

Good evening and thanks for joining us.

The "paycheck protection program" has provided relief to businesses across the country.

However, tonight one indiana senator says it's not doing enough.

Senator todd young says the program has provided around 10 billion dollars in loans to businesses in indiana.

Young says that's saved around 50 million american jobs.

But some of the hardest hit businesses still need more help.

That's why he's proposing the "restart act".

Young stopped in terre haute this morning to talk about this proposal.

News 10's dominic miranda was there.

He joins us now with more on a terre haute business who's in full support of the senator's proposal.

Senator todd young spoke here at the terre haute children's museum about his plan of reviving the economy sustainably towards a recovery in 2020...or the restart act.

It builds off the paycheck protection program that was implemented.

Executive director of the children's museum susan turner talked a little about how they've benefitted from the ppp and why she supports the senator's proposal.

Reuplican senator todd young of indiana is working with democratic senator of colorado michael bennet on the restart act proposal.

This proposes extending the length of time businesses can spend ppp funds from 8 weeks to 16 weeks.

It also allows all non profits to access loan program.

Executive director of the terre haute children's museum susan turner says..... the p-p-p allowed them to maintain all 22 of their employees and continue offering services to the wabash valley.

For instance...they will be distributing stem play packs to a thousand families in our community in the next couple 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."/// "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.

In terre haute.

I'm dominic miranda.

News 10