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Biz groups suggest debt repayment with Biden $6.4B for COVID recovery April 5, 2021
12:54 pm
Several of the New Jersey’s largest chambers of commerce and business trade groups are floating a major paydown of some of the state’s $44 billion in debt using federal relief funds from the Biden administration, as part of the first step for recovery from the COVID-19 recession.
New Jersey is slated to get roughly $6.4 billion in federal aid under the relief plan that President Joe Biden signed in March. Another $4 billion is going to municipal and county governments, another $2 billion toward New Jersey Transit, and hundreds of millions of dollars for the state’s airports.
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MEDFORD – The Burlington County Board of County Commissioners applauded the signing of new legislation to aid small businesses impacted by the COVID-19 pandemic.
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The legislation was sponsored by New Jersey Sen. Dawn Addiego and dedicates $25 million in federal COVID-19 aid as grants for microbusinesses with five or fewer employees to assist with their operations and recovery. Gov. Phil Murphy signed the measure into law Thursday morning during a ceremony outside Fond Memories, a Medford boutique that has been in business for 32 years. Main Street businesses have always been the backbone of our economy and unfortunately have been the hardest hit during the pandemic, said Governor Murphy
Credit: (AP Photo/Marcio Jose Sanchez, File)
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New Jersey small businesses are in line for COVID-19 relief funds after Gov. Phil Murphy signed legislation Thursday that allocates $25 million in grants for businesses with five or fewer employees.
The new law is the latest effort to help the state’s so-called microbusinesses make it through the ongoing health crisis following a series of shutdown orders and other public health measures that have been in place to curb new infections since the pandemic began last year.
During a bill-signing ceremony in Medford, Burlington County, Murphy called small businesses the “backbone of the economy of this state.”
Apr 1, 2021
Wednesday, the Pennsylvania Department of Health confirmed 4557 new cases of coronavirus in the commonwealth, pushing the statewide total to 1,024,857 since the pandemic began more than one year ago. There were 44 new coronavirus-related deaths reported Wednesday, leaving the state s count at 25,093. Currently, there are 1980 people hospitalized with COVID-19. 392 of them are in the intensive care unit.
Acting Pennsylvania Health Secretary Alison Beam says Pennsylvania is less than a week away from expanding the list of those eligible to be vaccinated against COVID-19. As of April 5th, we will be moving to Phase 1B here in Pennsylvania, Beam says. That group includes manufacturing workers, veterinarians, postal service workers, clergy and public transit workers. Beam says up to one-million more people fall into the Phase 1B category. A week after that, people in Phase 1C can get vaccinated. That group includes bank tellers, food service workers, government w