✖ Construction Reporter

Show Password Forgot Password?

Not a Member? Start a free-trial today!
Construction Reporter
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy

CONGRESS SET TO MOVE ON NEXT RELIEF LEGISLATION

4/10/2020

0 Comments

 
Picture
The possibility of a fourth COVID-19 relief package becoming reality appears to be improving as Congressional leaders have entered into talks with the Trump Administration on what such a bill might look like.

According to reports, Senate Minority Leader Charles Schumer of New York, as well as Maryland Senator Ben Cardin, who sits on the Small Business Committee, are in negotiations with Treasury Secretary Steve Mnuchin on the possibility of passing a new package later this month.

At the same time, in discussing passage of the $250 billion initiative for the country’s small businesses, members have become embroiled in debates over aspects of that legislature, prompting Senate Majority Leader Mitch McConnell of Kentucky to declare: “The country cannot afford unnecessary wrangling or political maneuvering.”

One of the reasons providing fuel to the argument for a fourth relief bill is how quickly the $350 billion included in the $2.2 trillion Coronavirus Aid, Relief and Economic Security Act legislation is being used.

So far, more than $90 billion of that figure has been spent on small business loans.

Florida Senator Marco Rubio remarked that small businesses across the country are worried that the relief funds may soon run out.

“The program needs more funding to meet the demands of small and medium sized businesses due to the pandemic,” Rubio said in a statement.

New Mexico Senator Tom Udall has said that he would like to see the legislation also include funding in the form of a pay hike for nurses, emergency technicians, and other who are regarded as frontline workers in the COVID-19 outbreak.

Udall said the country owed such workers “more than just words of gratitude.”

“We must make sure they are paid what they deserve,” Udall said in in a statement released by his office.
​
The bill, which may additionally include funding for hospitals as well as an expansion of the federal government’s food assistance programs, is expected to be taken up by both houses of Congress in a matter of days.

​By Garry Boulard

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox.
    ​Sign up for our newsletter

    Subscribe

    Archives

    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

AFFILIATES

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
HOME
PLANS & PRICING
FREE TRIAL
MAGAZINE​
BECOME A MEMBER
PRINTING SERVICES
FAQS
CONTACT
​ABOUT

TIMELY, RELIABLE NEWS SINCE 1949 ​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758

Copyright © 2022 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy