President Trump Signs “Phase Three” COVID-19 Stimulus Bill
On March 27, President Trump signed H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Earlier the same day, the House passed the economic stimulus bill by voice vote, and the Senate passed the bill with a vote of 96-0 the week before. The
The CARES Act contains several provisions related to education. The U.S. Education Department (USED) will receive $30.9 billion total, of which $30.75 billion will go directly to states, local school districts, and institutions of higher education “to help schools, students, teachers, and families with immediate needs related to coronavirus.” Those funds are as follows:
$3
The COVID-19/coronavirus pandemic continues to challenge both companies and governments as they navigate response and relief efforts. Throughout the week, we have continued to update some of the resources we have assembled to detail how both federal and state governments are responding to the outbreak.
Early yesterday morning, Senate Majority Leader Mitch McConnell
On March 25, 2020, the Senate passed a $2 trillion economic stimulus bill, the Coronavirus Aid Relief and Economic Security Act (CARES Act). The House is expected to pass the bill on Friday.
Visit the McGuireWoods Consulting website for a full summary of the major business provisions in the bill, including:
Senate Republicans Release “Phase Three” COVID-19 Stimulus Proposal
On March 19, Senate Majority Leader Mitch McConnell (R-KY) released an economic stimulus bill to fight the coronavirus’s fallout, the Coronavirus Aid, Relief, and Economic Security Act. The proposed plan includes four priorities: direct financial help for the American people; relief for small businesses and their employees;
The McGuireWoods Consulting Emerging Technologies team hopes that this week’s newsletter finds you and your family well during these unusual and difficult times. The COVID-19/coronavirus outbreak presents unprecedented challenges to companies worldwide. Throughout the week, the team has been providing updates and analysis of government responses to the outbreak, both at the federal and state
The coronavirus is impacting us all, both at home and at work. Given the fluid nature of information flowing at both the federal and state levels, McGuireWoods Consulting is intent on providing our education clients minute-by-minute information to help make timely business decisions.
As it relates to education, the administration
McGuireWoods Consulting has compiled a comprehensive list of facts and resources coming from the federal government in response to COVID-19 as it pertains to employers and businesses across industry sectors. Members of MWC’s federal public affairs team are closely following developments on Capitol Hill, and we will update information as news and insights become available.
House Passes Families First Coronavirus Response Act
On March 14, the House passed by 363-40, the Families First Coronavirus Response Act to enhance the federal government’s response to the coronavirus outbreak and address the impact of the virus on personal safety and financial security. The legislation expands access to free testing, provides $1 billion in
Coronavirus ResponseLate last night, after the President addressed the nation from the Oval Office, House Democrats unveiled legislation to respond to the coronavirus outbreak. House Democratic leadership was scheduled to bring the bill to the floor this morning, but Speaker Pelosi (D-CA) is continuing to negotiate with the administration through Treasury Secretary Steve Mnuchin.