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Ruppersberger Supports Additional COVID-19 Relief Funding for Small Businesses, Hospitals and Testing

Apr 23, 2020
Press Release
Bill serves as bridge between larger funding packages

(Washington, DC) – Congressman C.A. Dutch Ruppersberger (D-MD) today voted in favor of bipartisan legislation providing an additional $484 billion in emergency relief funding for small businesses, hospitals and COVID-19 testing as Congress continues to respond to the global coronavirus pandemic. The bill passed 388-5 and will be signed into law by President Trump.
 
The relief package includes:

  • $310 billion to re-open the Paycheck Protection Program (PPP) to small businesses, with $30 billion reserved for community-based lenders, small banks and credit unions and $30 billion for medium-sized banks and credit unions;
  • $50 billion for Small Business Administration disaster loans, which will translate into more than $350 billion in new lending, and $10 billion in disaster grants;
  • $75 billion to provide resources to healthcare workers on the frontlines, including Personal Protective Equipment and,
  • $25 billion for testing, which is the key to reopening the economy and resuming our lives.

“It is abundantly clear that the initial federal funding for small businesses passed by Congress wasn’t enough,” Congressman Ruppersberger said. “Every day, employers in my district and across the country are deciding if they can weather the storm of this pandemic or must close their doors forever. While this bill is not perfect, it serves as a bridge that will ensure more Americans have jobs to return to when our economy re-opens, while throwing a desperately-needed lifeline to our healthcare workers.”
 
The legislation is considered a precursor to a “CARES 2” Act that will extend and expand the bipartisan CARES Act, a $2.2 trillion package passed March 27 that created the PPP and will send stimulus checks to the bank accounts of most American families. CARES 2 is expected to direct funding to state and local governments, which must keep frontline workers like firefighters and police officers as well as teachers on the payroll throughout the pandemic to keep us all safe.
 
Previously, Congress passed an $8.3 billion funding package to accelerate treatments and a vaccine, help state and local governments prepare, expand telemedicine and provide relief to small businesses on March 6. On March 18, Congress passed legislation to ensure free coronavirus tests are available to anyone who needs it, provide paid sick and family leave, strengthen unemployment insurance and fund meal programs for seniors and students.