Congressional Response to the coronavirus pandemic crisis
By Sen. Pat Toomey, U.S. Senator from Pennsylvania,
A Congressional response to the Coronavirus pandemic
A lethal pathogen has invaded our country, killing hundreds and making tens of thousands ill.
Employers across the country, including Pennsylvania, have been forced to close in an effort to contain the spread of the Coronavirus. Our economy is shutting down. Millions of Americans are unable to work, travel, or simply enjoy common aspects of life.
To further address this ongoing crisis, the Senate this week passed the CARES Act– phase three of the congressional response.
The CARES Act delivers direct payments and expanded unemployment benefits. This will help financially-stressed families and workers who are furloughed or laid off. It aims to keep this economic contraction from becoming a full-blown depression through crucial lending programs for businesses – small and large – so they can survive an extended period with little or no revenue.
This bill will also help America forcefully combat this unprecedented public health crisis. It gives billions of dollars in aid for hospitals treating the sick, researchers developing a vaccine, and healthcare workers and first responders on the front line of this fight.
TheCARES Actis far from perfect. Unfortunately, it contains policies that waste taxpayer money and others that create unhelpful incentives. Nevertheless, this bill will do much more good than harm. This crisis demands this action and the Senate delivered.
Here is more information about the CARES Act: