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Rep. Schrader Champions Bipartisan, Bicameral Emergency COVID Relief Package

 


For Immediate Release

December 3, 2020

Contact: Larkin Parker, 202-225-5711

 

Rep. Schrader Champions Bipartisan, Bicameral Emergency COVID Relief Package

WASHINGTON, D.C. – Today, Representative Schrader joined the House Problem Solvers Caucus and a bipartisan group of Senators to announce a four-month bipartisan, bicameral COVID-19 emergency relief framework that will help American students, families, small businesses, workers, and health care providers weather this ongoing crisis. The Problem Solvers Caucus, of which Representative Schrader is a founder, helped develop and craft the bicameral package. 

As COVID cases skyrocket nationwide, Americans are struggling. It is getting more and more difficult for small businesses to keep their lights on and workers employed,” said Rep. Schrader. “Folks need relief now and it’s time to put party aside and do what is right. This package is a bipartisan, bicameral solution, supported by House and Senate leadership and President-Elect Biden. It is the only one of its kind. I urge leaders of the House and Senate to put this package on the floor now and get aid into the hands of the American people.”

The framework allocates $908 billion in total aid, including both new funding and the reallocation of previously appropriated CARES Act funding. The framework targets resources to the following key categories:

  • State, Local, and Tribal Governments - $160 billion 
  • Additional Unemployment Insurance (UI) - $180 billion 
  • Paycheck Protection Program (PPP) including restaurants, stages, and deductibility - $288 billion
  • CDFI/MDI Community Lender Support - $12 billion
  • Transportation (Airlines, Airports, Buses, Transit and Amtrak) - $45 billion
  • Vaccine Development and Distribution and Testing and Tracing - $16 billion
  • Healthcare Provider Relief Fund - $35 billion 
  • Education Funding - $82 billion
  • Student Loans - $4 billion
  • Housing Assistance (Rental) - $25 billion
  • Nutrition/Agriculture - $26 billion
  • U.S. Postal Service - $10 billion
  • Child Care - $10 billion      
  • Dedicated Broadband Funding - $10 billion
  • Opioid Funding - $5 billion

 

 

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