Biden’s plan would include federally-funded testing and PPE for all workers called back to their jobs, guaranteed paid sick leave for workers affected by COVID-19, and the creation of a contact tracing jobs program of at least 100,000 workers.
President Donald Trump will be holding a signing ceremony Friday for a bill providing a nearly $500 billion infusion of coronavirus spending, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs.
The Paycheck Protection Program promises a business owner loan forgiveness if they retain or rehire all the workers they had in late February. But owners say the equation isn't so simple, in part because of current economic conditions and partly due to the terms of the loans.
Senate Democratic Leader Chuck Schumer said Tuesday agreement has been reached on major elements of a nearly $500 billion coronavirus aid package for small businesses, as well as additional help for hospitals and virus testing.