Im keeping this brief and to the point. Local leaders have been sounding at definite alarm for months about the need for direct fiscal assistance from washington as the virus rages in our city. Our budgets are under extreme stress. Arts fences are skyrocketing. Our essential lifesaving services are strained. The need for public assistance is through the roof. This has been going on since the beginning of the pandemic since march of last year. Today, only 38 cities have received direct relief yet mayors everywhere continue to do what we do everyday. We get it done. We run our cities with a balanced budget which we are required to do by law. So what does that mean . How do we possibly do that in the face of this tremendous crisis . It means the cut jobs. It means eliminating services and staff at the same time. Our First Responders have been on the job since day one of this pandemic transporting those with covid to hospitals with Public Health initiatives keeping social and family order
I want to thank her for an sent the National League of cities in the National Association of counties for their sheer dedication to this issue on badly needed federal assistance as we continue to fight the covid19 pandemic. A quick note for members of the press joining us today, we will take questions after brief opening remarks. If you have a question, please put your name and media outlet in the chat and well call on you. Im keeping this brief and to the point. Im keeping this brief and to the point. Local leaders have been sounding at definite alarm for months about the need for direct fiscal assistance from washington as the virus rages in our city. Fences are skyrocketing. Our essential lifesaving services are strained. The need for public assistance is through the roof. This has been going on since the beginning of the pandemic since march of last year. Today, only 38 cities have received direct relief yet mayors everywhere continue to do what we do everyday. We get it done. We r
The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will open the senate with prayer. The chaplain let us pray. Eternal god, give our lawmakers the wisdom to remember and be grateful for all the things you have already done. Lord, you have sustained our nation during seasons of war and peace. You have helped us to find creative ways to strive for a more perfect union. You have provided us with solutions to difficult problems, just when we needed you most. Let this day be a time when senators find time to thank you for your bountiful blessings and faithfulness. As our lawmakers strive to live one day at a time, may they keep their focus on your power and love. We pray in your merciful name. Amen. The president pro tempore please join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. The presiding
Joining us live from montclair, new jersey, is the editor at large of inc. Magazine talking. Com and we are about the Paycheck Protection Program. Thank you for joining us. Explain the Paycheck Protection Program and give us this days report on the new law . Now there isht money available for businesses who need it. That allows them to get a loan backed by the fda that will allow you to pay your employees, potentially, while your business is closed. The first round of the money for the program was 349 billion dollars and it ran out after just under two weeks, about 13 days. The second round of money, we believe there is 100 billion left. A lot of people think the program is over, but for Business Owners for whom this is a good solution for keeping employees on, there is money Still Available and they should apply. Host what did you learn about part one of the program . What needed improvement . Guest a lot of dissatisfaction a lot of dissatisfaction was centered on the way it was execu
We are here to talk about the Patient Protection program. Explain the Paycheck Protection Program and give us a status report on how this part of the new law is doing. Guest thanks for having me on. The Paycheck Protection Program, right now, there is money available for businesses who need it. What it allows is a loan backed by the fda that will allow you to pay your employees potentially while your business is still closed. The first round of money for that program was 349 billion, and it ran out just after under two weeks, about 13 days. The second round of money, we believe there is still about 100 billion left. A lot of people think the program is over or that it is not available to them, but for Business Owners for whom this is a good solution for being able to keep their employees on, that is no money available, and they should apply if they think it will work for them. Host what did you learn in part one of this program . What needs improvement . Guest part one of the program c