MEUSER STATEMENT ON PASSAGE OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT

March 27, 2020
Press Release

WASHINTON, D.C. – Congressman Dan Meuser (PA-09) issued the following statement after the House of Representatives passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act:

“Our nation is fighting an invisible enemy. Thanks to President Trump and the Coronavirus Task Force, we are fighting back to protect the safety and health of the American people. Widespread confinement and social distancing will mitigate the spread of the coronavirus. They also have bought valuable time to ensure our hospitals are not overwhelmed with an influx of new patients. Yet, these necessary efforts have resulted in an economic crisis.  This is not a crisis caused by a specific industry or weak economy. It is a voluntary shutdown of our economy in order to save lives. As a result, our government needs to support the families and businesses that are directly feeling the pain of this national emergency.

“Today, the House passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, bipartisan legislation aimed at providing immediate relief to the American people. The CARES Act will buy the needed resources for healthcare providers to fight the virus on the frontlines, including money for medical supplies, research, and therapeutics. It will ensure that hardworking Americans receive income and increased unemployment benefits during this crisis. For employers, the CARES Act will extend emergency loans to small businesses which are forgivable for retaining their employees. Importantly, it will also maintain liquidity in our economy and establish a stabilization fund for stressed businesses.

“This bill is not perfect, but it is necessary in the face of an unprecedented global health threat to strengthen our economy, protect jobs, and ultimately, ameliorate this pandemic.”

###