03/25/2020 | Press release | Distributed by Public on 03/26/2020 07:51
Today, Senator Richard Burr (R-NC) released the following statement after the Senate passage of H.R. 748, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the third phase of coronavirus emergency funding:
'Our ability to confront the coronavirus pandemic in the coming weeks depends on the action we take today. Doctors, nurses, small businesses, and families are all facing unprecedented strain and need immediate resources to weather this storm. This emergency funding package will provide immediate liquidity to struggling businesses and families, help stabilize our nation's key industries, and expand unemployment insurance. Most importantly, this bill supports the brave health care workers and first responders fighting the coronavirus outbreak on the frontlines.
'Without wasting any additional time, the House should take up and pass this bill as quickly as possible, so Congress can deliver critical relief to anxious American families, workers, and businesses.'
The CARES Act represents the third phase of emergency funding Congress has provided to combat coronavirus and economic uncertainty. It provides relief to doctors, nurses, workers, small businesses, and key industries. Specifically, the CARES Act does the following
The CARES Act follows two emergency funding packages that Congress passed and the President signed into law earlier this month. The first, the Coronavirus Preparedness and Response Supplemental Appropriations Act, provided $7.8 billion to increase federal coordination with state and local officials. It also supported the development and distribution of medical countermeasures to communities across the nation. This legislation passed the Senate by a bipartisan vote of 96-1 on March 5, 2020.
The second installment, the Families First Coronavirus Response Act, provided free coronavirus testing, expanded paid family leave, and increased emergency nutritional assistance. This legislation passed the Senate by a bipartisan vote of 90-8 on March 18, 2020.