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 »

White House PPP Changes Focus on Smallest Businesses

President Biden announced on Monday changes to the Paycheck Protection Program (PPP) that are designed to improve access to loans for very small companies and nonprofit organizations. As part of the changes, the Small Business Administration (SBA) will accept applications for PPP loans exclusively from companies with fewer than 20 employees for the next two… 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 »

Biden, Democrats Outline Next Phase of Spending

As House Democrats work to pass President Biden’s $1.9 trillion COVID-19 relief bill, Biden has started promoting his next massive recovery package which will center on a major investment in infrastructure. Senior Democratic officials told The Washington Post this week that the next bill – the foundation of Biden’s “Build Back Better” program – will… Read more »