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) provided the latest on state and federal actions impacting the workforce with a review of the federal stimulus packages and an update on what is being discussed in the fourth federal package. In his discussion, Alex focused on promoting equity and mobility in state and federal policy responses.
ABOUT MAX MINUTES
Launched in 2014, the mission of MAX is to advance economic competitiveness in the Atlanta region by strengthening connections, collaborations, and practices among workforce developers and organizations engaged in workforce development. Through our webinar series, MAX Minutes, MAX seeks to bring timely insights to providers, intermediaries, and other partners in workforce. MAX Minutes features talks by key experts in the Atlanta region and beyond on important workforce matters.