The LatestWith the Senate back in session this week, Republican leaders were expected to unveil their Phase 4 coronavirus relief proposal, but Senate Majority Leader McConnell (R-KY) announced this evening that while Republicans have reached “an agreement in principle with the Administration,” he will not bring legislation to the floor until next week. Treasury
The LatestWhile the Senate remains in recess until July 20, the House is continuing to hold hearings examining various COVID-19-related issues, including its impact on certain sectors and communities and the federal government response. This week, committees looked at issues ranging from increased risks to consumers during the pandemic, examining the national
The LatestHouse and Senate committees are continuing to hold hearings examining various COVID-19-related issues, including its impact on certain sectors and communities and the federal government response. This week, committees looked at issues ranging from the 2020 tax filing season and IRS COVID-19 recovery, safely getting back to work and school, oversight
The LatestA number of House and Senate committees are continuing to hold hearings examining various issues related to COVID-19, including its impact on certain sectors and communities and the federal government response. This week, committees looked at issues ranging from how the pandemic has exposed and widened inequities in education, health, and the workforce
The LatestWhite House Trade Adviser Peter Navarro said this week that President Trump “is very interested in something on the order of at least $2 trillion” for the next coronavirus response package. The statement is at odds with Senate Majority Leader McConnell’s (R-KY) previous assertions that a Phase 4 package should come in at
The LatestLast Friday, the President signed into law the bipartisan Paycheck Protection Program Flexibility Act (the Act), extending the covered period of expenses for which Paycheck Protection Program (PPP) loans will be forgiven from eight weeks to 24 weeks or December 31, whichever comes first. In a statement, the President said he signed
The LatestLast night, the Senate passed the bipartisan Paycheck Protection Program Flexibility Act by unanimous consent, sending it to the President for his signature. The bill extends the covered period for which Paycheck Protection Program (PPP) expenses will be forgiven beyond the current eight weeks to 24 weeks or December 31, whichever comes first.
The LatestWhile House Democrats – who passed a $3 trillion Phase 4 coronavirus response package earlier this month – and the White House and Senate Republicans remain at an impasse on moving ahead with the next phase of comprehensive relief, there has been movement towards making bipartisan, tailored reforms to the Paycheck Protection Program
The LatestLast Friday, the House passed the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES) Act, House Democratic leadership’s $3 trillion proposal for Phase 4 coronavirus response legislation. The bill, which passed largely along party lines, focuses on funding for states and local governments, including first responders, extends family and medical
The LatestOn Tuesday, House Democratic leadership introduced the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES) Act, their proposal for Phase 4 coronavirus response legislation. The $3 trillion bill focuses on funding for states and local governments, including first responders, extends family and medical leave programs, provides eviction and foreclosure protection,