Coronavirus Bulletin

Key Takeaways from the April Jobs Report

May 08, 2020 — Blog

The Labor Department released the April jobs report today. Here are the key takeaways: Job Loss Highest Since Job Reports Began -- The economy lost 20.5 million jobs in April – the largest on record. This eliminated job gains made from the last decade. Similarly, the unemployment rate skyrocketed to 14.7%. This is the largest rate since the BLS began recording in 1948.  ...

President Delivers Support to Patients in COVID-19 Hot Spots and Rural Areas

May 01, 2020 — Blog

Key points: -The Administration announced today the President is targeting billions in funds toward two critical groups of providers: those in “hot spots” and those in rural communities. -By targeting these health care heroes, the President and his team are bringing needed funds to pockets of the country that need it most, helping to keep hospital doors open and preserving ...

President’s Continued Regulatory Relief Is Helping Medical Providers Defeat COVID-19–Let’s Make It Permanent

April 30, 2020 — Blog

Key points:  -The Centers for Medicare & Medicaid Services issued another round of regulatory relief today to speed up medical care for America’s seniors. -The relief will remove paperwork burdens from providers’ practice, increase hospital capacity— including allowing physician-owned hospitals to expand— and make it easier for seniors to receive COVID-19 testing ...

State and Local Governments Have Received Over $765 Billion in Federal Coronavirus Spending

April 29, 2020 — Blog

“Congress has already funded over $700 billion to state and local governments, that’s more than we funded our small businesses. And that’s direct aid, state and local government, state unemployment funding, local hospitals, state and local disaster aid, local school funding, state college funding, local mass transit funding, plus we muscled up Medicaid 6% to help them through this ...

Brady Talks GDP Report on Fox Business

April 29, 2020 — Blog

House Ways and Means Republican Leader Kevin Brady (R-TX) joined Fox Business to talk about Wednesday morning's first quarter report on economic growth showing a contraction of the U.S. economy.