The Trump Administration Has Distributed Billions In Funding To Keep Hospitals, Small Businesses, And Their Employees Afloat Within A Matter Of Weeks
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THE TRUMP ADMINISTRATION HAS IMPLEMENTED THE CARES ACT QUICKLY AND EFFICIENTLY TO PROVIDE IMMEDIATE RELIEF TO THOSE IMPACTED BY THE CORONAVIRUS
As part of the CARES Act, the Trump Administration established the Provider Relief Fund to deliver relief to hospitals and other health care providers.
Recognizing the need to act quickly as hospitals took massive financial losses and were forced to lay off staff , the Trump Administration was able to distribute an initial $30 billion just two weeks after the funding was approved.
On April 3, small businesses began applying for loans up to $10 million through the Paycheck Protection Program ; the program was so successful that funds were exhausted in less than two weeks after the SBA approved 1.6 million loan applications.
PRESIDENT TRUMP SIGNED AN INTERIM RELIEF BILL TO ENSURE THAT THESE SUCCESSFUL PROGRAMS CAN KEEP HELPING AMERICANS
President Trump signed a nearly $500 billion interim coronavirus bill that authorized additional funding for the successful programs created by the CARES Act.
The bill provides an additional $75 billion for the Provider Relief Fund as HHS works to provide funds to all the providers struggling during this crisis
This funding, as well as the remaining funds from the CARES Act, will be tailored to reach providers left out of the last round of funding, rural health care providers, and hospitals in areas hit hardest by the virus.
The bill provides an additional $310 billion for the Paycheck Protection Program and the Trump Administration wasted no time putting it to work as the SBA resumed lending yesterday .
Bank of America says that they already had $50 billion in applications ready ahead of the second round of loans and JP Morgan Chase said it had 150,000 applications ready to go.
THESE PROGRAMS HAVE HELPED MILLIONS OF BUSINESSES AND HUNDREDS OF THOUSANDS OF HEALTH CARE PROVIDERS THROUGHOUT AMERICA
These programs are having a real-life impact; across the country, more than 300,000 health care providers and 1.6 million small businesses received funding that allowed them to stay afloat, preventing massive layoffs.
Between both waves of funding, the Paycheck Protection Program alone has saved more than 60 million jobs.
Around The Country:
In Arizona, CARES Act programs saved nearly 900,000 jobs and ensured that more than 6,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In California, CARES Act programs saved more than 5 million jobs and ensured that more than 35,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In Florida, CARES Act programs saved nearly 3.5 million jobs and ensured that nearly 22,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In Maine, CARES Act programs saved nearly 375,000 jobs and ensured that more than 1,500 health care providers could keep paying their employees and stay in business as they fight the virus.
In Michigan, CARES Act programs saved nearly 2 million jobs and ensured that more than 11,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In Minnesota, CARES Act programs saved nearly 1.5 million jobs and ensured that nearly 4,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In New Mexico, CARES Act Programs saved nearly 300,000 jobs and ensured that nearly 2,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In North Carolina, CARES Act programs saved more than 1.5 million jobs and ensured that nearly 7,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In Ohio, CARES Act programs saved more than 2.6 million jobs and ensured that more than 10,000 health care providers could keep paying their employees and stay in business as they fight the virus.
In Pennsylvania, CARES Act programs saved nearly 3 million jobs and ensured that more than 12,500 health care providers could keep paying their employees and stay in business as they fight the virus.
In Washington, CARES Act programs saved more than 1 million jobs and ensured that more than 5,000 health care providers could keep paying their employees and stay in business as they fight the virus.
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THE TRUMP ADMINISTRATION IMPLEMENTED THE CARES ACT QUICKLY AND EFFICIENTLY TO PROVIDE IMMEDIATE RELIEF TO THOSE IMPACTED BY THE CORONAVIRUS
As Part Of The CARES Act, The Trump Administration Established The Provider Relief Fund To Deliver Relief To Hospitals And Other Health Care Providers
As Part Of The CARES Act, President Trump Is Providing $100 Billion In Relief Funds To Hospitals And Other Health Care Providers On The Front Lines Of The Coronavirus Response To Support Health Care-Related Expenses Or Lost Revenue Attributable To The Outbreak. "President Trump is providing support to Health Care providers fighting the COVID-19 pandemic On March 27, 2020, the President signed the bipartisan CARES Act that provides $100 billion in relief funds to hospitals and other Health Care providers on the front lines of the coronavirus response. This funding will be used to support Health Care-related expenses or lost revenue attributable to COVID-19 and to ensure uninsured Americans can get testing and treatment for COVID-19." ( Health And Human Services , Accessed 4/20/20)
The Funding Provides More Than $100,000 Per U.S. Hospital Bed To Hospitals And Other Health Care Entities Responding To The Coronavirus Pandemic . "The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act contains a vast array of spending provisions, including an additional $100 billion for the Public Health and Social Services Emergency Fund. This new funding is designed to provide an influx of money to hospitals and other health care entities responding to the coronavirus pandemic. This $100 billion averages out to about $108,000 per hospital bed in the United States." ( Kaiser Family Foundation , 3/31/20)
The Kaiser Family Foundation: "The Coronavirus Is Straining Many Hospitals And This $100 Billion Fund Could Provide Crucial And Timely Support." "The coronavirus is straining many hospitals and this $100 billion fund could provide crucial and timely support. Unlike other federal hospital funding-such as disproportionate share payments by Medicare and Medicaid that compensate hospitals serving a large share of low-income or uninsured patients-there are no formulas, eligibility criteria or geographic distribution requirements dictating how to allocate this money. With the stakes high and the amount of funding available large, the hospital industry will be very focused on how this money is distributed. Less clear is how much the public will know." ( Kaiser Family Foundation , 3/31/20)
Rick Pollack, President And CEO Of The American Hospital Association: Hospital Funding In The CARES Act Was "An Important First Step." "'As we have said, the CARES Act was an important first step,' said Rick Pollack, president and CEO of the American Hospital Association, adding that he supports 'additional efforts by the Congress to make sure providers on the front line - hospitals, physicians and nurses--remain prioritized for federal assistance.'" ( CNBC , 4/10/20)
Recognizing The Urgent Need For Funding As Hospitals Took Massive Financial Losses And Were Forced To Lay Off Staff, The Trump Administration Was Able To Distribute An Initial $30 Billion Of The $100 Billion Fund To Provide Immediate Relief
Because Of The Coronavirus Outbreak, Hospitals Are Facing Steep Decline In Revenue From A Drop In Elective Medical Procedures Compounded By A Sharp Increase In Expenses. "The hospitals are facing the same challenges: a steep decline in revenue from a drop in elective medical procedures, compounded by a sharp increase in expenses as they protect their personnel and prepare for a surge of coronavirus patients." ( McClatchy DC , 4/1/20)
Many Hospitals Were Forced To Lay Off And Furlough Employees As They Waited For Relief . "Hospitals under financial strain from the coronavirus pandemic are laying off and furloughing employees as they await guidance from Washington on how to access billions of dollars in a federal relief fund." ( McClatchy DC , 4/1/20)
Experts Warned That Hospitals Struggling Financially May Not Survive Long Enough To Secure Federal Aid. "Experts, too, are concerned that hospitals already struggling financially may not survive long enough to secure federal aid. The relief package 'didn't lay out a game plan for the actual distribution of the money,' Chip Kahn, president and chief executive officer of the Federation of American Hospitals, told McClatchy. 'Many hospitals in the middle of the country that maybe haven't seen COVID yet can't wait.'" ( McClatchy DC , 4/1/20)
Recognizing The Importance Of Delivering Funds In A Fast And Transparent Manner, HHS Immediately Distributed $30 Billion Of The Funds To Hospitals Across The Country. "Immediate infusion of $30 billion into Health Care system Recognizing the importance of delivering funds in a fast and transparent manner, $30 billion is being distributed immediately - with payments arriving via direct deposit beginning April 10, 2020 - to eligible providers throughout the American Health Care system. These are payments, not loans, to Health Care providers, and will not need to be repaid." ( Health And Human Services , Accessed 4/20/20)
- Hospitals Received Payments Based On Their Share Of The Total Fee For Service Payments They Received From Medicare In 2019. "How are payment distributions determined Providers will be distributed a portion of the initial $30 billion based on their share of total Medicare FFS reimbursements in 2019. Total FFS payments were approximately $484 billion in 2019." ( Health And Human Services , Accessed 4/20/20)
Hospital Industry Representatives Say That Using Medicare Data For The First Wave Of Relief Was A "Simple Method That Allowed Some Money To Go Out Swiftly." "While hospital industry representatives say that was a simple method that allowed some money to go out swiftly, they have pointed out that it disadvantaged hospitals in parts of the country, such as California and portions of Florida, where Medicare Advantage - the private managed-care section of the program - is particularly popular. A significant problem, some hospital executives say, was that this method didn't distribute the money based on need. In addition, hospitals that treat more uninsured patients or those on Medicaid, as well as hospitals that don't treat many Medicare patients at all - such as children's hospitals - would get less money." ( The Washington Post , 4/16/20)
The Trump Administration Started Sending Out Initial Payments To Hospitals And Physicians On April 10th, Just 2 Weeks After The Funding Was Approved . "The Trump administration started sending out initial payments to hospitals and physicians Friday, marking the first tranche of $100 billion in relief funding for health systems and providers passed by Congress as part of the Coronavirus Aid, Relief and Economic Security act." ( CNBC , 4/10/20)
Seema Verma, Administrator Of The Federal Centers For Medicare And Medicaid Services, Explained That The First Priority Was To Get Money Out Quickly, "Using Medicare Was The Fastest. We Had That Data." "'The first priority is, we want to get this money out fast,' Seema Verma, administrator of the federal Centers for Medicare and Medicaid Services, said in a conference call with reporters Wednesday. 'Using Medicare was the fastest. We had that data.' As for what will be next, Verma said administration officials will 'be providing more specificity at the end of this week' for how a second batch from the $100 billion will be allotted. She said that 'the second round of funding will address all providers, as well as address hot spots.'" ( The Washington Post , 4/16/20)
On April 3, 2020, Small Businesses Began Applying For Loans Up To $10 Million Through The Paycheck Protection Program; The Program Was So Successful That Funds Were Exhausted In Less Than Two Weeks After The SBA Approved 1.6 Million Loan Applications
Small Businesses And Sole Proprietorships Were Able To Start Applying For The Small Business Loans On April 3rd And Self-Employed People And Independent Contractors Were Able To Start Applying On April 10. "Treasury's fact sheet for borrowers states that small businesses and sole proprietorships will be able to start applying for loans on Friday through existing SBA lenders, and self-employed people and independent contractors will be able to start applying for loans through existing SBA lenders on April 10. Other lenders will be able to start to make loans through the program once they are approved." ( The Hill , 3/31/20)
- The $350 Billion Program Will Provide Loans To Businesses With 500 Or Fewer Employees; The Loans Will Be 100% Forgiven If The Business Retains Its Employees. "The coronavirus relief package created a nearly $350 billion program under which businesses with 500 or fewer employees can receive loans of up to $10 million. The loans will be forgiven if businesses use the funds to cover payroll costs and other operating expenses in the eight weeks following loan origination." ( The Hill , 3/31/20)
- Businesses Are Eligible For Loans For Up To $10 Million And Each Loan Will Cover Up To Two Months Of Their Average Monthly Payroll Costs From The Last Year Plus An Additional 25% Of That Amount. "How large can my loan be? Loans can be for up to two months of your average monthly payroll costs from the last year plus an additional 25% of that amount. That amount is subject to a $10 million cap. If you are a seasonal or new business, you will use different applicable time periods for your calculation. Payroll costs will be capped at $100,000 annualized for each employee." ( Treasury Department , Accessed 4/2/20)
- Payroll Costs Include Wages, Including Tips, Up To $100,000 Per Employee, Taxes, And Benefits Including Parental, Family, Medical, Or Sick Leave, Health Care And Retirement . "Salary, wages, commissions, or tips (capped at $100,000 on an annualized basis for each employee); Employee benefits including costs for vacation, parental, family, medical, or sick leave; allowance for separation or dismissal; payments required for the provisions of group health care benefits including insurance premiums; and payment of any retirement benefit; State and local taxes assessed on compensation; and For a sole proprietor or independent contractor: wages, commissions, income, or net earnings from self-employment, capped at $100,000 on an annualized basis for each employee." ( Treasury Department , Accessed 4/2/20)
On April 16th, Less Then 2 Weeks After Small Businesses Began Applying For Loans The Small Business Administration Announced That Funds For The Paycheck Protection Program Had Been Exhausted. "The U.S. Small Business Administration said it has stopped accepting applications for two programs meant to help small firms survive the coronavirus outbreak after funding ran out, leaving many worried about getting desperately needed aid. Funds for the $349 billion Paycheck Protection Program, or PPP, to keep workers on payrolls have been exhausted, the SBA said on Thursday. And money also has lapsed for the Economic Injury Disaster Loan program, or EIDL, offering government loans and emergency grants of as much as $10,000." ( Bloomberg , 4/16/20)
The Small Business Administration Approved 1.6 Million Loan Applications To Receive Nearly $350 Billion From The Original Wave Of Funding. "As of Thursday morning, the SBA reported there had been more than 1.6 million applications for PPP loans approved for about $339 billion. That amount is the value of loans approved for lenders to disburse, not money that has reached borrowers. Comprehensive data on how much money has actually been handed out isn't available, but lenders report that disbursements are being made. The program launched April 3." ( Bloomberg , 4/16/20)
PRESIDENT TRUMP HAS SIGNED AN INTERIM RELIEF BILL TO ENSURE THAT THESE SUCCESSFUL PROGRAMS CAN KEEP HELPING AMERICANS
President Trump Signed A Nearly $500 Billion Interim Coronavirus Bill That Authorized Additional Funding For Successful Programs Created By The CARES Act.
President Trump Signed A Nearly $500 Billion Interim Coronavirus Bill That Authorized Additional Funding For Successful Programs Created By The CARES Act. "President Donald Trump signed a nearly $500 billion interim coronavirus bill into law Friday that includes additional money for the small-business loan program, as well as more funding for hospitals and testing. Trump was joined in the Oval Office for the bill signing by Republican lawmakers and Treasury Secretary Steve Mnuchin, who has been a key White House negotiator with Congress in coronavirus aid legislation." ( NBC News , 4/24/20)
The Bill Provides An Additional $75 Billion For The Provider Relief Fund As HHS Works To Provide Funds To All The Providers Struggling During This Crisis
The Bill Provides An Additional $75 Billion In Funding For Hospitals As Well As An Additional $25 Billion For Coronavirus Testing. "The bill also provides $60 billion in loans and grants for the Small Business Administration's disaster relief fund, $75 billion for hospitals and $25 billion for coronavirus testing, but does not include the additional funding for states and local governments that Democrats had sought." ( NBC News , 4/24/20)
HHS Announced That An Additional $20 Billion Would Be Allocated To Providers Based On Their Share Of Total Patient Revenue Instead Of Just Medicare To Provide Relief To Hospitals Who Were Disadvantaged By That Metric In The Initial Round Of Payments. "$20 billion general allocation: On April 22, HHS announced that another $20 billion of this general allocation would be given out so that the total $50 billion is distributed based not just on Medicare revenue but instead on each providers' share of total 2018 net patient revenue from all sources." ( Keiser Family Foundation , 4/24/20)
HHS Has Announced That $10 Billion Will Go To Hospitals In Areas Particularly Impacted By Coronavirus. "$10 billion for high-impact areas: HHS also announced that $10 billion would be targeted to hospitals in areas particularly impacted by COVID-19 and stated that New York hospitals "are expected to receive a large share of the funds." ( Keiser Family Foundation , 4/24/20)
HHS Announced That 10 Billion Will Go To Rural Providers. "$10 billion for rural providers: HHS will be distributing $10 billion to rural providers, which Secretary Azar said "will go to the approximately 2,000 rural hospitals across the country, including their 1,100 affiliated Rural Health Clinics, and to the more than 1,300 freestanding Rural Health Clinics." ( Keiser Family Foundation , 4/24/20)
HHS Also Announced It Will Allocate $400 Million For Indian Health Service Facilities. "$400 million for the Indian Health Service: HHS announced that it is allocating $400 million for Indian Health Service (IHS) facilities. Due to preexisting disparities in health, social, and economic factors, American Indians and Alaska Natives are at higher risk for health and economic challenges due to COVID-19, including increased risk of serious illness if infected with coronavirus. Access to services through IHS varies significantly across locations, and there have been longstanding gaps in access to care for American Indians and Alaska Natives who rely on IHS for care. Moreover, not all individuals who identify as American Indian or Alaska Native are eligible to receive services through IHS." ( Keiser Family Foundation , 4/24/20)
The Bill Provides An Additional $310 Billion For The Paycheck Protection Program And The Trump Administration Wasted No Time Putting It To Work As The SBA Resumed Lending Yesterday
As Part Of An Additional Relief Bill, President Trump Authorized An Additional $310 Billion For The Paycheck Protection Program . "President Donald Trump signed the bill Friday that authorizes an additional $310 billion in funds for the program, which offers forgivable, 1% interest loans for companies with a maximum of 500 employees. That's on top of the $350 billion that was loaned out in the first round of the program in a mere two weeks. The loans are forgivable in full if the companies use 75% of the federally backed money on paying and retaining their employees." ( CBS News , 4/27/20)
- The Small Business Administration's Paycheck Protection Program Resumed Lending Yesterday . "The Paycheck Protection Program, the U.S. government's coronavirus relief fund for small businesses, resumed lending on Monday." ( CBS News , 4/27/20)
Bank Of America Says That They Already Have $50 Billion In Applications Ready For The Second Round Of Loans And JP Morgan Chase Says It Was 150,000 Applications Ready To Go. "Bank of America CEO Brian Moynihan said on CBS' Face the Nation Sunday that his bank had $50 billion in applications ready for second round of PPP funds. JPMorgan Chase also said it has 150,000 applications ready to go, with thousands of more in the works." ( CBS News , 4/27/20)
THESE PROGRAMS HAVE HELPED MILLIONS OF BUSINESSES AND HUNDREDS OF THOUSANDS OF HEALTH CARE PROVIDERS THROUGHOUT AMERICA
These Programs Are Having A Real-Life Impact As Across The Country More Than 300,000 Health Care Providers And 1.6 Million Small Businesses Received Funding
Across The Country, 318,000 Providers Received $30 Billion From The First Wave Of Hospital Funding Designated By The CARES Act. ( House Ways And Means Committee , Accessed 4/20/20)
The Paycheck Protection Program Saved 60,589,000 Jobs, 31,793,000 In The First Round Of Funding And 28,796,000 In The Second. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In The First Wave Of Funding, The Small Business Approved Loans For More Than 1.6 Million Small Businesses. "As of Thursday morning, the SBA reported there had been more than 1.6 million applications for PPP loans approved for about $339 billion. That amount is the value of loans approved for lenders to disburse, not money that has reached borrowers. Comprehensive data on how much money has actually been handed out isn't available, but lenders report that disbursements are being made. The program launched April 3." ( Bloomberg , 4/16/20)
In Arizona, CARES Act Programs Saved Nearly 900,000 Jobs And Ensured That More Than 6,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Arizona, 6,017 Providers Received $707,587,482 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Arizona, The Paycheck Protection Has Saved 883,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In California, CARES Act Programs Saved More Than 5 Million Jobs And Ensured That More Than 35,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In California, 35,623 Providers Received $2,920,960,733 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In California, The Paycheck Protection Has Saved 5,063,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Florida, CARES Act Programs Saved Nearly 3.5 Million Jobs And Ensured That Nearly 22,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Florida, 21,808 Providers Received $2,220,563,137 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Florida, The Paycheck Protection Has Saved 3,474,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Maine, CARES Act Programs Saved Nearly 375,000 Jobs And Ensured That More Than 1,500 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Maine, 1,681 Providers Received $145,763,812 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Maine, The Paycheck Protection Has Saved 372,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Michigan, CARES Act Programs Saved Nearly 2 Million Jobs And Ensured That More Than 11,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Michigan, 11,383 Providers Received $936,700,139 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Michigan, The Paycheck Protection Has Saved 1,898,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Minnesota, CARES Act Programs Saved Nearly 1.5 Million Jobs And Ensured That Nearly 4,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Minnesota, 3,758 Providers Received $472,206,122 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Minnesota, The Paycheck Protection Has Saved 1,498,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In New Mexico, CARES Act Programs Saved Nearly 300,000 Jobs And Ensured That Nearly 2,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In New Mexico, 1,763 Providers Received $169,486,132 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In New Mexico, The Paycheck Protection Has Saved 280,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In North Carolina, CARES Act Programs Saved More Than 1.5 Million Jobs And Ensured That Nearly 7,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In North Carolina, 6,905 Providers Received $919,171,087 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In North Carolina, The Paycheck Protection Has Saved 1,531,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Ohio, CARES Act Programs Saved More Than 2.6 Million Jobs And Ensured That More Than 10,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Ohio, 10,166 Providers Received $989,773,417 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Ohio, The Paycheck Protection Has Saved 2,650,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Pennsylvania, CARES Act Programs Saved Nearly 3 Million Jobs And Ensured That More Than 12,500 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Pennsylvania, 12,661 Providers Received $1,246,250,076 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Pennsylvania, The Paycheck Protection Has Saved 2,840,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
In Washington, CARES Act Programs Saved More Than 1 Million Jobs And Ensured That More Than 5,000 Health Care Providers Could Keep Paying Their Employees And Stay In Business As They Fight The Virus
In Washington, 5,362 Providers Received $553,838,806 From The First Wave Of Hospital Funding. ( House Ways And Means Committee , Accessed 4/20/20)
In Washington, The Paycheck Protection Has Saved 1,042,000 Jobs. ( Joint Economic Committee (1) , 4/24/20) ( Joint Economic Committee (2) , 4/24/20)
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