COVID-19 Federal Updates: March 28
Updated: Jun 9, 2020
Everything you and your business need to know about federal coronavirus response updates for March 28, 2020.
On Friday morning, the U.S. House approved the Coronavirus, Aid, Relief, and Economic Security (CARES) Act. This measure had been passed unanimously by the U.S. Senate the prior day. President Trump signed the legislation late Friday afternoon.
The $2.2 trillion, 800-page stimulus package will provide additional support to businesses of all size, provide direct payments to individual taxpayers, enhance benefits to individuals out of work, add financial resources to state and local governments, and assist hospitals with funding.
We crafted a short summary of the legislation, which can be found here.
GCP appreciates the efforts of the entire Ohio Congressional delegation in passing the CARES Act. Particular thanks go to Senators Portman and Brown and Representatives Kaptur, Joyce, Fudge, and Gonzalez for acting swiftly to support the Northeast Ohio community.
The President announced that Peter Navarro, Assistant to the President, Director of Trade and Manufacturing Policy, will serve as the Administration’s policy coordinator for the Defense Production Act. GCP has already been in touch with Mr. Navarro’s office on issues impacting Northeast Ohio.