New numbers from the Bureau of Labor Statistics confirm that the American economy added jobs, beating grim predictions by economists expecting a worse impact from the coronavirus pandemic. The unemployment rate decreased to 13.3% with 2.5 million jobs added—assisted by bipartisan relief efforts like the Paycheck Protection Program (as

Key Message: Small businesses will have an easier time getting their Paycheck Protection Program loans forgiven thanks to the Paycheck Protection Program Flexibility Act, just signed into law by President Trump today. The Details: Now, small businesses: Only need to use 60% of the loan on payroll—down from 75%. Can use the money for up to ...

As part of the HEROES Act, Speaker Pelosi and House Democrats pushed for a tax break for millionaires that Jason Furman, a former economic advisor to President Obama, called a “complete waste of money.” Bloomberg reported Mr. Furman made the comment while speaking at ...

Washington, D.C. – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement in response to the Labor Department’s May jobs report: “With more jobs added and beating expectations, it's my hope that we have passed the trough of the pandemic's damage and we will continue to ...

Recently, Ways and Means Republican Leader Kevin Brady (R-TX) introduced the Reopening America by Supporting Workers and Businesses Act of 2020. The proposal was first discussed publicly during interviews with Maria Bartiromo in early ...

Important News: If you are a senior who has lost your health insurance coverage due to the coronavirus, you may be eligible to qualify for a Special Enrollment Period in Medicare Part B. Who can apply? Any American who is 65 or older who has had group health plan coverage – or, job-based health care – within the last eight months of you or your spouse’s ...

Key points: The U.S. Department of Health and Human Services announced today that the Agency has awarded $20.3 million in grants “to increase the number of fellows at accredited addiction medicine and addiction psychiatry fellowship programs.” Given to 44 recipients, these dollars will go toward training addiction specialists at facilities in high need ...

Washington, D.C. – Today, the top Republican on the House Ways and Means Committee Kevin Brady (R-TX) introduced the Reopening America by Supporting Workers and Businesses Act of 2020. This bill will help local businesses rebuild their workforce quickly by turning these unemployment benefits into a back-to-work bonus that will provide a bump to workers and help ...

Washington, D.C. – Today, the top Republican on the House Ways and Means Committee Kevin Brady (R-TX) introduced legislation demanding states do as Congress intended: Stop hoarding federal Coronavirus Relief Funds (CRF) and distribute the money to those rural communities and smaller cities and towns that need it most. Upon introduction of the legislation, Rep. Brady released ...

Updated: 5/29/20 Getting Back to Work: A Guide for Employers and Employees Frequently Asked Questions about Unemployment Insurance (UI) as the Economy Reopens   The following ...