Democrats Inch Toward Using Budget Tool to Pass Stimulus

Congressional Democrats say they are ready to move forward on an expansive COVID-19 stimulus package as soon as next week, though many of the provisions under consideration lack Republican support. President Biden has said repeatedly that he would like passage of his $1.9 trillion stimulus package to be bipartisan but both House Speaker Nancy Pelosi… Read more »

Democrats Weighing Next Stimulus Package

Congressional Democrats are still discussing the details of President Biden’s $1.9 trillion stimulus package and their options for bringing legislation to the floor quickly. While Biden has said he wants to give Republicans a chance to get on board with his first legislative effort as president, several Senate Republicans have recently questioned the need for… Read more »

ASAE Still Waiting for Guidance on 501(c)(6) PPP Eligibility

The Small Business Administration this week began accepting applications for first draw loans through the Paycheck Protection Program (PPP), but ASAE and other organizations are still waiting for agency guidance that clarifies qualifying conditions for 501(c)(6) organizations. SBA’s only guidance for PPP applicants so far has been to state that the agency will “allow lenders… Read more »

Biden to Introduce COVID-19 Emergency Relief Plan

President-elect Joe Biden is preparing to unveil a new emergency stimulus plan tonight that he said is tailored to invite bipartisan support. The plan is expected to include $2,000 stimulus checks, an extension of enhanced unemployment benefits through September, money for COVID-19 vaccine production and distribution, funding for state and local governments and expansion of… Read more »