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Quotes and dollars: Details of the COVID-19 stimulus bill in N.Y.

Quotes and dollars: Details of the COVID-19 stimulus bill in N.Y.

Senators, representatives offer comment and dollar signs
Quotes and dollars: Details of the COVID-19 stimulus bill in N.Y.
U.S. Sen. Charles Schumer, D-N.Y., is shown in Schenectady in 2019.
Photographer: Erica Miller

WASHINGTON — The CARES Act, a $2 trillion coronavirus relief package passed by the Senate and scheduled for a Friday vote by the House, contains over $115 billion for New York’s institutions, residents and businesses, according to U.S. Senate Minority Leader Charles Schumer, D-N.Y., who negotiated the Senate version.

He listed the provisions:

  • $33.8 billion — Small Business Administration payroll relief to New York small businesses.
  • $25B — Hospital and other medical facilities. For protective equipment for health care workers, testing supplies, staffing and new construction to expand services.
  • $16B — Unemployment Compensation on Steroids for New Yorkers
  • $15B — Direct cash payments. $1,200 for individuals making less than $75,0000, $2,400 for couples making less than $150,000 and an additional $500 per child; graduated smaller payments for those making over $75,000/$150,000
  • $10B — FEMA estimated $2B a month in payments to New York for five months
  • $7.5B — State and local coronavirus relief fund
  • $4.1B — Transit Systems, especially the MTA, which is directly supported by the NY state budget
  • $2B — Strategic National Stockpile
  • $1B — Elementary and Secondary School Emergency Relief Fund – K-12
  • $690.4 million — Airport Improvement Grants
  • $193M — Community Development Grants
  • $191.4M — HUD Homeless Assistance, Emergency Solutions Grants
  • $164.6M — Governor’s Emergency Education Relief Fund
  • $162.4M — Child Care Development Block Grants

QUOTABLE

Some of the federal lawmakers representing New York’s Capital Region commented on the $2 trillion relief bill passed by the Senate and heading to the House for a vote:

U.S. Sen. Charles Schumer, D-N.Y.:

“This is not a moment of celebration but rather one of necessity. The more than [$100] billion dollars of additional help on the way to New York is essential to save lives, preserve paychecks, support small businesses, and much more. These critical dollars will inject proverbial medicine into our state, city and localities throughout Upstate New York, to deliver much-needed resources, right now, that can help combat the coronavirus. Like all compromise legislation, this bill is far from perfect — but it now does much more for this state, its people and its future than what we began with.”

U.S. Sen. Kirsten Gillibrand, D-N.Y.:

“With this economic package, New Yorkers have more help on the way. This economic package will deliver a surge of protective equipment and resources to New York hospitals and first responders, and put real dollars in New Yorkers’ pockets. I voted for this package because it strengthens our health care system and puts workers and families first, with critical funding for hospitals, dramatically expanded unemployment insurance, small businesses grants and loans, and resources for the state and local governments on the frontlines of this crisis. Furthermore, it will give confidence to workers and families facing financial strain and will enable them to follow public health guidelines. Importantly, the bill provides oversight of corporate loans, ensuring that funds are distributed responsibly and fairly, and makes sure workers are protected. While this economic package is a good down payment in the fight against this outbreak, there is much more to be done. In the months ahead, I will continue working to deliver resources to help our country overcome this immense challenge.”

U.S. Rep. Antonio Delgado, D-Rhinebeck:

“Small businesses and family farms are the backbone of our upstate economy, and both are feeling the extreme economic toll brought about by this coronavirus pandemic. I have heard from countless small businesses and self-employed owners facing loan repayments, payroll and other business expenses despite having ceased operations. Our family farms have endured years of economic strain and now face workforce challenges and disruptions to local food systems — markets, schools, and restaurants. I am glad House and Senate leadership heeded my call to include my critically important proposals in this relief legislation — so our small business owners can feel instant relief from their loan payments, and our farmers can access disaster assistance payments to stay afloat. This is just the beginning, we have much more work to do to make our small businesses, self-employed owners and family farmers whole throughout this worldwide public health emergency. I will continue to highlight the needs of our small businesses and farmers and use my conversations with folks in the district to inform future legislation and get people relief.”

U.S. Rep. Paul Tonko, D-Amsterdam:

“In this time of historic crisis, Americans need an unprecedented, rapid response that puts money in the pockets of those who need it most and provides essential support for our health care workers on the frontlines of this pandemic. Our latest supplemental provides that response and offers stability and hope for the millions whose lives have changed in the blink of an eye. While there is still much more to be done, my colleagues and I remain committed to providing our communities with the resources they need to help America recover as quickly as possible.”

U.S. Rep. Elise Stefanik, R-Schuylerville:

“During this unprecedented public health crisis, I have prioritized support for our hospitals, healthcare workers, small businesses, and families in the North Country as we combat and ultimately beat COVID-19. I strongly advocated for this economic rescue package focused on North Country small businesses and families in need of immediate relief, and today, Congress came together to deliver that relief for the American worker. I will continue to work on a bipartisan basis to overcome this public health crisis and the economic challenges and uncertainty that have come with it.”

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