Featured Image

August Stimulus Update

Chief negotiators at the White House, Senate, and House remain deadlocked on a relief package to follow the CARES Act, despite the expiration of extended unemployment benefits and the SBA’s Paycheck Protection Program (PPP) in July...
Aug 28, 2020

Many hoped that when Speaker Nancy Pelosi, D-Calif., called the House back from recess that there would be an opportunity to restart stalled negotiations and pass another round of coronavirus relief. Instead, the House passed a clean $25 billion USPS aid package that is opposed by the Senate and president, leaving little chance for it to become law. 

Chief negotiators at the White House, Senate, and House remain deadlocked on a relief package to follow the CARES Act, despite the expiration of extended unemployment benefits and the SBA’s Paycheck Protection Program (PPP) in July. There are reports that Senate Republicans are working on a trimmed-down version of the HEALS Act, its follow-up to the CARES Act. The new package is estimated to be about half the size of the $1 trillion HEALS Act, significantly less than the House version, the HEROES Act, which carries a price tag of approximately $3.4 trillion.

Until now, the Senate has left most of the negotiating to the White House and Democratic leaders, but pressure is intensifying on both parties’ leaders from rank and file members facing tough reelections. The narrow GOP package is likely to include extended unemployment benefits in the $300-400 range, additional funding for restarting PPP loans, aid to schools, and funding for increased coronavirus testing and vaccines. A second round of stimulus checks is not expected to be included. 

There’s no telling if this latest attempt to jumpstart negotiations will be successful. Democrats strongly oppose a reduction in extended job benefits and insist any bill must include aid to states. When Congress officially returns from recess, it must tackle government funding levels by September 30, 2020. The elections also dominate the attention of virtually every member of Congress.

And the race is on

Speaking of the campaign season, Trump and former Vice President Joe Biden are now the official major party candidates for president. Republicans wrapped up their convention last week, and Democrats finished a week earlier. Strengthening the domestic manufacturing sector and securing the industrial base are themes in both parties’ platforms but differ on how to address those challenges. Stay tuned for a deeper look into how the candidates propose to deal with issues important to the industry.

Amber Thomas
Vice President, Advocacy
Recent advocacy News
Policy makers came together at The MFG Meeting 2023 to share data and insights on policy-making actions of concern to manufacturers. Here are seven key takeaways that may impact your manufacturing business.
Reducing water use is not a big concern for most manufacturers, but there are solid reasons to look at better water efficiency now before challenges arise in the future.
The National Institute of Standards and Technology’s (NIST) Manufacturing Extension Program (MEP) announced awards of roughly $400,000 to each of its MEP National Network Centers in all 50 states and Puerto Rico.
Recent AI news and developments have piqued the public's curiosity – and fear. A slew of activities are happening in Washington this month related to artificial intelligence and how to regulate it to protect Americans’ rights and safety.
AMT joined over 150 small business organizations on a letter released by the Family Business Coalition in support of the Death Tax Repeal Act. Currently, the tax forces families and businesses to sell assets, lay off staff, and slash payroll to meet it.
Similar News
By Amber Thomas | Dec 17, 2020

Last month, Democratic former Vice President Joe Biden was elected president, defeating President Donald Trump, the Republican incumbent. In Congress, the GOP made significant gains in the House of Representatives, and the Senate’s majority will be...

3 min
By Amber Thomas | Mar 04, 2020

What progress can manufacturers expect from Washington in 2020, especially given that it’s an election year? AMT provides input on issues that support R&D and innovation; increase global competitiveness; and build a Smartforce as dictated by...

3 min
By Amber Thomas | Jan 10, 2020

Congress finished 2019 with a burst of activity, narrowly averting a government shutdown and moving the long-debated and delayed U.S.-Mexico-Canada trade agreement (USMCA) one step closer to ratification. There was also progress on phase one of a...

3 min