Team —
I wanted to share with you that the House passed a third bill aimed at easing the economic burden of the COVID-19 pandemic.
Congress needed to act to provide American families with urgently needed relief, and I am proud that we reached a bipartisan agreement that was swiftly signed into law. We were able to secure:
$200 billion for healthcare systems
$150 billion for state and local governments
$260 billion in additional funding for unemployment insurance benefits
$377 billion for small businesses
$30 billion in emergency education funding
Additionally, this bill provides direct cash assistance of checks in the amount of $1,200 for those who make under $75,000 per year, plus $500 per child. We also included a provision that makes rent, mortgage, and utility costs for small businesses eligible for loan forgiveness.
I am also proud that Democrats in the House and Senate stood firm in their opposition to the $500 billion corporate slush fund that Donald Trump and Mitch McConnell tried to sneak into the bill. We are fighting for the people, not corporations!
I know that more will need to be done to ensure our community can rebound from the depths of this crisis, but I am grateful to share this news of progress with you today. Please continue to stay home and stay safe.
More soon,
— Yvette
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