Details of the Proposed Phase 3 Relief from Congress

Posted March 20, 2020 Coronavirus , ,
ACOVID BulletinfromHendersonBrothers

The Trump administration is asking Congress for roughly $1 trillion in new economic relief as lawmakers begin to work on the next phase of federal legislation. This proposed relief package is intended to help small businesses, provide loan guarantees for industries like airlines and hotels, and it includes some financial assistance for workers. Late in the afternoon on March 19, congressional officials released details for this “phase 3” proposed recovery program which we have included. We are uncertain at this time when they plan to vote on this. We will continue to provide updates as they become available.

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