Major legislative relief update from Congress:
The Coronavirus Aid, Relief, and Economic Security (CARES) Act passed through Congress and was signed into law on March 27. I’m eager for this relief to be rushed to Southwest Washington communities.
Here are some of the steps the CARES Act takes:
– Unemployment insurance will be extended and eligibility will be expanded to more workers, including self-employed workers and contractors.
– Small businesses will receive over $350 billion in loans that will encourage them to keep employees on the payroll. Those that do can have their loans forgiven – a solution I pushed for during the package negotiations.
– $100 billion for hospitals and health-care providers to obtain the supplies they need to keep treating patients.
– Direct payments to lower and middle-income American families to give them the cash to pay bills and put food on their tables. Individuals will receive up to $1,200; marries couples up to $2,400. Parents also receive $500 for each qualifying child. More information is available on the IRS website, HERE.
There is not a single person who’s avoided the impact of this global health crisis, and countless Southwest Washington residents are being impacted severely. For more information on the CARES Act, health information, and other resources, please check my coronavirus resource website that I am regularly updating at JHB.house.gov/coronavirus.
If you have any questions, comments, or concerns, please contact me here.
Please stay healthy and safe, and let me know if I can be of assistance.
Jaime Herrera Beutler
Member of Congress