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December 22, 2020
- December 22, 2020, 9:13 AM Congress late last night approved the sweeping coronavirus relief and government funding package, renewing support for air carriers and airports, providing nearly $18 billion for the FAA’s Fiscal Year 2021 budget, and calling for reforms of the agency’s aircraft certification processes. The package cleared the House yesterday evening in two bills before heading to the Senate in a single massive bundle, where it was passed by a 92-6 vote near midnight. The con...
December 22, 2020
Airlines, unions optimistic that deal on payroll support is close Lori Aratani After months of wrangling, Congress passed a $900 billion coronavirus aid package late Monday that will bring relief to millions of Americans, including tens of thousands in the aviation industry who were furloughed in September. The deal includes $45 billion in support for the transportation sector, including $15 billion for airlines and $1 billion for airline contractors. The money will ...
December 22, 2020
Pandemic aid includes historic measures, plus arts and mental health get federal cash infusion In this Dec. 15 photo, Senate Majority Leader Mitch McConnell of Kentucky speaks during a news conference with other Senate Republicans on Capitol Hill in Washington, while Sen. John Barrasso, R-Wyo., listens at left. “There will be another major rescue package for the American people,” McConnell said Sunday in announcing an agreement for a relief bill. (Nicholas Kamm/Pool Photo via AP, File) The ...
December 22, 2020
From racehorse owners to business lunch goers: Heres who got a tax break out of Washingtons year-end spending deal Ben Werschkul On Dec. 21, the behemoth 5,593-page deal to provide coronavirus stimulus and keep the U.S. government running in 2021 was finally released to the public. Popular Searches Now as lawmakers rush home for Christmas, business groups and observers are poring over the bill – the longest ever passed by Congress – to see which businesses and industries com...
December 22, 2020
| Airlines accepting a second round of payroll support from the federal government would be required to recall furloughed employees within 72 hours of agreeing to terms. Photo Credit: Olena Yakobchuk/Shutterstock.com Airlines accepting a second round of payroll support from the federal government would be required to recall furloughed employees within 72 hours of agreeing to terms for the assistance package. Those employees wouldnt get reimbursed for lost wages and benefits between the expirati...
December 22, 2020
December 21, 2020 Press Release Washington, D.C. – Speaker Nancy Pelosi issued this statement highlighting key wins for San Francisco in the bipartisan COVID-19 relief legislation passed in the House: “Today, the House passed a strong emergency coronavirus relief agreement that secures urgently needed resources necessary to save lives and livelihoods in San Francisco and in communities across the country. “Thanks to Democrats’ efforts, we secured billions of dollars to def...
December 22, 2020
USA TODAY "We applaud the bipartisan group of senators that drove progress forward, and the congressional leadership for striking a bipartisan agreement to produce this desperately needed assistance," U.S. Travel Association President and CEO Roger Dow said in a statement. "The agreed-upon provisions will give many suffering businesses a bridge to 2021. "More will be needed to restore the 4.5 million travel jobs lost in the travel and tourism industry, but the process that produced this agreeme...
December 22, 2020
A look at how relief funds will be allocated in New York, nationally AP Graphic The bill passed Monday establishes a temporary $300 per week supplemental jobless benefit, a $600 direct stimulus payment to most Americans and a new round of subsidies for hard-hit businesses, restaurants and theaters. Posted: Dec 22, 2020 4:21 PM Posted By: Associated Press Congress’ $900 billion pandemic relief package covers a lot of ground. The bill passed Monday establishes a temporary $300 per week suppl...
December 21, 2020
By Dave Basner Dec 21, 2020 Its been nine months since Congress agreed on sending a stimulus check to the millions of Americans suffering financially because of the coronavirus pandemic but now, after working through they weekend, they have finally come to an agreement on another relief package, and it includes a second direct payment. Senate Majority Leader Mitch McConnell announced the news early Sunday evening, saying, "More help is on the way. Moments ago, in consultation with our commit...
December 21, 2020
Paychecks by Christmas Eve: American Airlines awaits stimulus with plans to recall furloughed workers American Airlines furloughed 17,500 workers in October but could bring them back in the coming days once the new $900 billion stimulus package is signed into law. A Boeing 737-MAX 8 is pictured on the ramp at American Airlines maintenance facility in Tulsa, Oklahoma, Wednesday, December 2, 2020. (Tom Fox/The Dallas Morning News) (Tom Fox / Staff Photographer) American Airlines plans to start br...