President Biden Signs into Law $1.9 Trillion American Rescue Plan Act
March 11, 2021 2:02 pmUPDATE: On Friday March 12th, President Joe Biden has signed into law the American Rescue Plan Act. On Wednesday March... Read More
Tag Archive: stimulus
House Passes American Rescue Plan Act
March 1, 2021 10:41 amEarly on Saturday morning, February 27, 2021, the U.S. House of Representatives passed the American Rescue Plan Act. The stimulus... Read More
New COVID-19 Relief Package
December 28, 2020 11:06 pm Leave your thoughtsAs we blogged here last week, Congress came to an agreement on a $900 billion COVID-19 relief package, and on... Read More
What Will Happen to FFCRA Leave in the New Year?
December 22, 2020 3:33 pm Leave your thoughtsYou have likely already heard rumblings about the House and Senate deal reached over the weekend on a new $900B... Read More
Senate Pandemic Relief Proposal Expected Soon (UPDATED 7/27/2020)
July 24, 2020 6:07 pmWith the Federal Pandemic Unemployment Compensation program, created by the CARES Act, set to expire in a week, many people are wondering about the next phase of relief from the federal government given the ongoing pandemic.
New Stimulus Bill Replenishes Small Business Loan Programs
April 25, 2020 1:35 pmOn April 24, the President signed the Paycheck Protection Program and Health Care Enhancement Act (the “Act”) into law. Among other things, the Act allocates over $300 billion to replenish the Paycheck Protection Program (“PPP”), including $60 billion specifically set aside for loans made by community-based banks and smaller lenders. The Act also increases Economic Injury Disaster Loan (“EIDL”) program appropriations by $50 billion, and EIDL grant program funds by $10 billion.
Senate and White House Reach Deal on Stimulus Package
March 25, 2020 1:32 pmEarly on March 25, 2020, after days of negotiations, the U.S. Senate and the White House announced a deal on a nearly $2 trillion stimulus package to provide relief during the coronavirus crisis. The text of the proposal still needs to be completed, but it is expected to be the largest stimulus package in U.S. history.
Legislature Considering Economic Stimulus Plans
March 23, 2020 9:55 pmOn March 23, the Senate failed for a second time to pass a comprehensive stimulus bill aimed at combating the devastating economic effects of COVID-19.