We have an urgent need to put Nevadans back to work. Most of the ideas we’ve talked about in recent weeks, like the American Jobs Act, have been supported on a bipartisan basis in the past, and it will take a bipartisan effort to seriously address the jobs deficit we face in rural Nevada.
Many common-sense solutions are on the table and would get our economy moving again by spurring hiring in the private sector. In fact, one way we can help middle class Nevadans is to extend and expand the payroll tax cuts, which would keep $1,500 in the pockets of the average family in rural Nevada.
I believe we can put Nevadans back to work building, renovating and modernizing our schools, bridges and roads and by making it easier for rural Nevada small businesses to create jobs.
In fact, I recently announced that the Rural Nevada Development Corp. will receive a direct loan of up to $1 million to help small businesses in rural Nevada grow and create jobs. This loan through the Small Business Administration’s Intermediary Loan Program was created by the Small Business Jobs Act that we passed last year. This additional assistance will give a much-needed boost to Nevada’s small businesses and help them put people back to work.
RNDC will serve as an intermediary between the Small Business Administration and small business owners in Nevada who will take advantage of the loans. RNDC is one of the first 20 non-profit community organizations to receive the funding, and Nevada small businesses will be eligible to receive loans of up to $200,000. This program is designed to increase access to capital for small businesses and startups in traditionally underserved communities. To apply for a loan, please visit www.RNDCNV.org.
Additionally, infrastructure improvements to our roads, bridges and airports will put construction workers in our state back to work. I recently announced new resources for projects at airports in Winnemucca, Yerington and Elko County that will upgrade the existing runways and taxiways. And in Pahrump, we’re moving into the next phase of development of a new public airport that will ensure greater access to Pahrump for residents, tourists and businesspeople. I am always looking for ways to ensure the long-term reliability of our airports because of the large role they play in supporting our economy.
Job creation must continue to be our number one priority and I will continue to push legislation in the Senate that gets Nevadans working again and helps our economy fully recover.