Doyle Supports Coronavirus Relief Bill
Washington, DC – March 27, 2020 – U.S. Representative Mike Doyle (PA-18) announced that he supported H.R. 748, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was considered and approved in the House today.
“Working families and small businesses are struggling as this pandemic shuts down our economy. Across the country, communities have been forced to make difficult decisions that protect public health but have serious consequences for our economy – and this has hit many families and small businesses hard.
I believe it’s the government’s responsibility to ensure that American households and businesses get the support they need while the coronavirus pandemic forces state and local governments to shut down all but life-saving activities. I have pushed for a disaster relief bill that puts top priority on saving lives and supporting families – and I believe the bill we voted on today – while imperfect – provides the crucial assistance millions of Americans need. It expands unemployment compensation and provides direct payments to most Americans. It also helps our health care providers and state and local civil servants who are working around the clock to battle this virus on the frontlines.
Congress must do more to support our families and small businesses – but this bill is an important step in the right direction, and I strongly support it.”
The CARES Act will support working families by expanding unemployment insurance to part-time workers, self-employed individuals, and independent contractors; temporarily adding an additional $600 to unemployment benefits; and extending unemployment benefits for 13 additional weeks to ease the financial burdens on workers as this crisis continues.
It also provides direct payments of $1,200 for most Americans and $500 for each child under age 17 to help families afford what they need during this crisis. The size of the payments are reduced by $5 for every $100 of income that exceeds $150,000 for a married couple, $112,500 for a head of household, and $75,000 for individuals. The payments will also go to Americans who receive Social Security benefits.
This bill provides $350 billion for forgivable loans to help small businesses with fewer than 500 employees to cover payroll, rent, and utilities during this crisis. It also provides $10 billion in immediate disaster grants, providing up to $10,000 to small businesses. In addition, it provides $17 billion for debt relief for current and new borrowers; the Small Business Administration (SBA) will pay the principal and interest for the next 6 months on SBA-backed loans.
The CARES Act allocates $150 billion for hospitals and providers to serve the immediate urgent needs of their communities. It also sets aside $4.3 billion for federal, state and local public health agencies, $16 billion to replenish the Strategic National Stockpile of health care supplies, and $1 billion for the Defense Production Act to manufacture and purchase ventilators and personal protective equipment (PPE) such as medical-grade N95 masks and surgical masks.
The CARES Act also provides funding for our education system to continue teaching during this pandemic, local transit systems to help Americans get to work at essential businesses or access medical care, prevent evictions during this national emergency, and cover emergency costs of state and local governments.