In March 2020, the President and Congress passed bills that represent three phases of stimulus packages and a fourth one is underway. The first bill, the Coronavirus Preparedness and Response Supplemental Appropriations Act, deploys $8.3 billion. It largely focused on providing funds to disseminate test kits, help small businesses, and support public agencies in efforts to fight the pandemic. The second bill, the Families First Coronavirus Response Act (FFCRA), deploys approximately $100 billion. Amongst other things, the bill increases unemployment insurance benefits, provides greater support through Medicaid and SNAP, provides paid sick time and leave for families, and ensures free coronavirus testing. The third bill, the “Coronavirus Aid, Relief, and Economic Security Act,” or the “CARES Act,” deploys approximately $2 trillion. This multi-faceted bill has a number of provisions benefiting individuals, families, businesses, nonprofits, and state and federal agencies.
On April 10th, Alex Camardelle with the Georgia Budget and Policy Institute (GBPI) will provide the latest on state and federal actions impacting the workforce with a review of the three federal stimulus packages and an update on what is being discussed in the fourth federal package. Alex will also provide an update on the current state of state and federal funding for Georgia’s workforce given the massive hit to revenues as a result of the coronavirus.
Join us on April 10th, 9:00 AM, for a timely and virtual conversation.
Click here to register.