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[jwp-video n=”1″] Speaker Nancy Pelosi has her own wish list that includes extending enhanced unemployment insurance benefits past their current July 31 expiration, and another round of tax
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Amtrak asked for $1 billion.
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[jwp-video n=”1″] The Democratic measure would distribute $53.55 billion of the money directly to localities using the Department of Housing and Urban Development’s Community Development Block
The loans must be at least $1 million. They’ll be capped at a percentage of the borrower’s existing debt total up to a maximum of $150 million.
[jwp-video n=”1″] Pelosi said the measure would increase disposable income, which she called “the lifeblood of our economy.”
[jwp-video n=”1″] The cost estimate assumes the emergency will endure for another year, through March 2021.
[jwp-video n=”1″] For now, many school districts have their hands full closing buildings, moving classes online and figuring out how to provide meals and lesson plans remotely.
[jwp-video n=”1″] According to the Treasury fact sheet, the terms of the new loans will be the same for everyone.
The coronavirus financial rescue package the House will take up Friday would save U.S. households and businesses nearly $1 trillion in taxes this year, though companies would have to pay a chunk of that
[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
[jwp-video n=”1″] The floral industry’s obstacles aren’t identical to other struggling sectors such as food service, entertainment and tourism.
Grants, he said, would be allocated in proportion to the salaries and benefits airlines paid between April 1 and Sept. 30, 2019.
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[jwp-video n=”1″] Roaring back “There has to be some emphasis on making sure the economy is strong coming out of this,” said Skanda Amarnath, director of research at Employ America.
Speaking on CNN, Schumer said the figure “may not get that high, but it’s going to be certainly amply more than $1 trillion, $1.4 trillion.”
[jwp-video n=”1″] It wasn’t clear if the GOP was willing to go that far.
But reaching a deal so quickly on sweeping legislation that could cost $1 trillion or more was shaping up to be a tall order.