Congress Passes $1.9T COVID Stimulus Package

Congress yesterday approved a sweeping $1.9 trillion COVID-19 stimulus package for the still-struggling U.S. economy, delivering President Biden his first significant legislative victory since taking office. The bill, titled the American Rescue Plan, includes another round of stimulus checks up to $1,400 for most Americans; extended, additional unemployment benefits for millions of Americans still out… Read more »

Senate Pushing Forward on COVID Stimulus Bill

The Senate could take an initial procedural vote today to move forward with President Biden’s $1.9 trillion COVID-19 stimulus bill, setting up several days of debate and a “vote-a-rama” to consider possible amendments. Senate debate was delayed this week while lawmakers awaited an official cost estimate on the latest version of the bill. Biden agreed… Read more »

Associations Considering PPP Loans Have Options

Section 501(c)(6) organizations still weighing whether to apply for federal assistance programs to mitigate the financial impact of the COVID-19 pandemic have some options to consider, according to industry consultants. The most publicized and widely utilized option available to 501(c)(6) and 501(c)(3) organizations has been the Paycheck Protection Program (PPP), which was expanded at the… Read more »

House to Vote on $1.9T COVID Bill Friday

The House will vote on President Biden’s $1.9 trillion COVID-19 relief bill on Friday, according to Majority Leader Steny Hoyer (D-MD). The House Budget Committee passed the bill on a party-line vote on Monday, and the Rules Committee will consider it Friday morning before a floor vote later in the day. House Democrats are speeding… Read more »