Policy · 116th Congress
Opening day for SBA loans brings big obstacles, calls for fixes
Complaints from banks over the program’s setup led the SBA to double interest rates from 0.50 percent to 1 percent in its interim final rule.
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Congress · 116th Congress
Schumer, Wyden push for faster unemployment checks, new Obamacare enrollment window
[jwp-video n=”1″] “We’re going to work it out, so we’re going to try and get for that certain group of people a cash payment,” Trump said Thursday.
Congress · 116th Congress
Airline employees see threat to stimulus wage support provision
Under the provision, airlines can ask for the equivalent of their payroll between April 1 and Sept. 30 of last year, and companies that accept grants would be barred from cutting pay or benefits
Congress · 116th Congress
Pelosi revives ambitious infrastructure bill for next stimulus
[jwp-video n=”1″] But the urgency of the pandemic, which spurred lawmakers to authorize $2 trillion last week alone, as well as Trump’s tweet Monday have effectively restarted the conversation
Congress · 116th Congress
Rep. Velázquez diagnosed with ‘presumed coronavirus infection’ just days after House vote
[jwp-video n=”1″] Velázquez, 67, is in the age group that the Centers for Disease Control and Prevention designates as high-risk and recommends against traveling during the pandemic.
Policy · 116th Congress
Pandemic pushes states to vote-by-mail, bringing new challenges
States may need automated sorting equipment that can cost as much as $1 million, and it could take some jurisdictions months to procure, install and train workers to use them, Hovland said.
Congress · 116th Congress
Planes, pains and automobiles: How half the House made it to the stimulus vote
[jwp-video n=”1″] Massie did indeed try to force a recorded vote on the bill Friday, but members’ efforts to get to Washington proved successful in blocking him.
Congress · 116th Congress
Trump signs massive $2.3 trillion coronavirus relief package
[jwp-video n=”1″] “America is facing a grave enemy in COVID-19. It is in these dark and uncertain times that I’m reminded of why I’m here,” said Ways and Means Chairman Richard E.
Congress · 116th Congress
Trump favors making cruise ships pay U.S. taxes to get coronavirus aid
[jwp-video n=”1″] Hawley was responding to a CNBC report that said the cruise industry was “not confident” it could qualify for access to federal government loan programs in the phase three
Congress · 116th Congress
Coronavirus aid talks progress as GOP pitches unemployment plan
[jwp-video n=”1″] It wasn’t clear if the GOP was willing to go that far.
Policy · 116th Congress
Health industry scrambles for funding in third coronavirus bill
The $1 trillion COVID-19 Senate GOP stimulus bill is filled with provisions the health care industry has long desired and could help bolster the response to the pandemic, but it also contains loosely related
Congress · 116th Congress
Deal close, negotiators to reconvene Saturday on stimulus
[jwp-video n=”1″] “We’re going to be partnering with Republicans and Democrats as they draft the legislation tomorrow, while we continue to work on finishing and closing the deal because the
Congress · 116th Congress
Lawmakers may add surprise billing plan to virus response bill
The move comes as lawmakers write a $1 trillion measure to respond to the health care and economic effects of the pandemic that has essentially shut down several industries across the country.
Congress · 116th Congress
Opportunity knocks for Congress during crisis
Yields on 30-year Treasury bonds are below 2 percent; 10-year rates have dropped below 1 percent. Lenders are willing to lose money after inflation to lock their money away safely for decades.
Congress · 116th Congress
‘They aren’t American’ — Democrats aim to block aid to struggling cruise companies
[jwp-video n=”1″] “I would oppose a bailout for the cruise industry,” said Sen.
Congress · 116th Congress
‘I hope we don’t have an attack this weekend’ — FISA tools to expire before Senate takes up renewal
The House on Wednesday passed an overhaul measure that would reauthorize through Dec. 1, 2023, various surveillance authorities of the USA FREEDOM Act and the underlying Foreign Intelligence Surveillance
Campaigns · 116th Congress
The vote must go on: States prep for primaries as virus looms
[jwp-video n=”1″] A spokeswoman for Ohio Secretary of State Frank LaRose, said the state had been monitoring the situation closely and has distributed a memo that included efforts to keep
Congress · 116th Congress
FISA deal passes House, but some conservatives want Trump to veto it
[jwp-video n=”1″] There are still procedural hurdles that could imperil Senate passage before the deadline, however.