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The Senate on Wednesday passed legislation to make it easier for businesses struggling during the coronavirus pandemic to take advantage of a payroll subsidy program that’s been a central part of Washington’s response to the corresponding economic crisis.The Senate passed the bill by voice vote after a handful of GOP opponents gave way. The measure now heads to President Donald Trump for his expected signature.The legislation would give business owners more flexibility to use taxpayer subsidies for other costs and extend the lifespan of the program as the economy continues to struggle through record joblessness and a deep recession.It passed the House overwhelmingly last week on a 417-1 vote, but was briefly held up this week as Republican leaders sought to placate opponents such as Wisconsin GOP Sen. Ron Johnson.The legislation would lower an original requirement that at least 75% of Paycheck Protection Program money be used on payroll costs, reducing that threshold to 60% of the loan. It would also lengthen the period in which PPP money must be used — and still permit businesses to have their loans forgiven — from eight week to 24 weeks.Critics say the pending measure does nothing to ensure that businesses that don’t necessarily need PPP subsidies are ineligible, among other problems.“If we’re going to potentially authorize more spending, that program needs to be reformed,” Johnson told reporters. “My main problem with what the House did — and this is what’s in dispute — it basically reauthorized the program through Dec. 31, setting up a massive new infusion into the program without the reforms I think really need to be placed so that people who don’t need it don’t keep getting it. We don’t have an unlimited checkbook.”But the bill had strong support among both Republicans and Democrats and the backing of powerful business groups, which strengthened the hand of supporters like top Senate Democrat Chuck Schumer, who had failed earlier Wednesday in his own attempt to orchestrate passage. At that time it became clear Johnson’s resolve to block the bill was fading and Schumer and Majority Leader Mitch McConnell, R-Ky., reprised the effort only hours later.“The impact of this crisis is long lasting, and requires lenient terms. We have all heard from small businesses in our states ... that (PPP) needed some changes to make it work for so many small businesses that had been left out or rejected,” Schumer said.All told, Congress has approved 0 billion for the program in two installments. After an initial burst of loans emptied the program in just two weeks, demand for PPP funding has dwindled amid griping from some business sectors that there are too many restrictions in order to qualify to receive loan forgiveness. Businesses receiving PPP must also certify that they need it to keep operating, a requirement that makes some business owners cautious about applying.Johnson said Republicans are hoping to get top lawmakers to sign onto a nonbinding letter to the program’s overseers seeking to clarify some of the rules governing the program. He did not explain exactly what he’s seeking but said Republican lawmakers are close to agreement on the language of the proposed letter.As enacted in late March, the Paycheck Protection Program required businesses to spend their loan money within an eight-week window to get the loans forgiven — and effectively turned into outright grants. It also required that three-fourths of the money be spent on payroll as a means of keeping workers linked to their jobs. But small businesses said the rules were too inflexible, especially as the eight-week window to use the taxpayer subsidies is beginning to close for many businesses, many of which are still struggling to fully reopen.Restaurants in particular were upset that under the law were required to rehire their laid-off workers even though they were either closed or limited to takeout and delivery. Many other business owners feared that they would use up their loan money before being allowed to reopen, and then have to lay off employees again because their business wouldn’t bring in enough revenue to keep paying everyone.The new measure gives business owners 24 weeks to spend the federal aid — instead of eight as originally designed — and extends the program through the end of the year while also lengthening the the maturity date and deferral period of the loans.Republicans such as Small Business Committee Chairman Marco Rubio of Florida complained that the carefully negotiated bill contains a drafting error that could eliminate loan forgiveness entirely for companies who want to use less than 60% of the money for payroll costs. Under the original PPP legislation, passed in March as part of a massive, about trillion CARES Act, loan forgiveness was prorated according to how badly businesses missed the goal of using 75% to maintain payroll. 4918
Three people were shot and a pedestrian was hit by a vehicle during a chaotic night outside the main gates of the Minnesota State Fair.Monday was the final day for this year's state fair, which is located between the cities of Minneapolis and St. Paul.First, a 19-year-old woman who had been struck by a passing vehicle was found by Saint Paul police late Monday night.Witnesses said there had been a fight in the area just before the woman somehow ended up in the road and hit, according to a police statement. The driver of the vehicle initially stopped but left the scene after bystanders began kicking and hitting his vehicle. He drove a short distance away, pulled over and called 911.He is cooperating with investigators, who report no signs of impairment. The woman was taken to a local hospital and listed in critical condition.Gunshot heardSoon after that, gunfire was heard near where the officers were rerouting traffic around the crash scene. Police found one man about a block away with a gunshot wound. He was taken to the hospital with non-life threatening injuries. Two other people with gunshot wounds later turned up at separate hospitals."There's a lot of people in that area," Steve Linders, public information officers for the St. Paul Police Deparment, told 1292

Top executives from more than 180 companies have a message for lawmakers: Restricting abortion is "bad for business."A letter endorsed by the business leaders appeared as a full-page ad in Monday's New York Times, declaring "it's time for companies to stand up for reproductive health care."They argue that limiting access to comprehensive care, "including abortion," threatens "the health, independence, and economic stability of our employees and customers." The letter says strict abortion laws are "against our values" and impede corporate efforts to build diverse workforces.Among the list of the ad's endorsers are chief executives from Yelp, Slack, Tinder, H&M, and food delivery app Postmates. Jack Dorsey, CEO of Twitter, was also on the list, though he signed on behalf of the other company he runs, digital payment firm Square. The group included fashion designer Eileen Fisher.Businesses have shown a growing willingness to take stands on issues like LGBTQ rights, immigration and gun control — but they've remained mostly silent on abortion policy through years of debate.That changed for some companies this year after Alabama lawmakers approved a near-total ban on abortion, and as "heartbeat" laws, which prohibit abortions when a fetal heartbeat is detected or as early as six weeks into a pregnancy, gained new traction in several states. They include Georgia, Mississippi, Kentucky and Louisiana.Three of the world's biggest entertainment companies — Netflix, Disney and WarnerMedia — said last month that they may stop producing movies and TV shows in Georgia if the state's "heartbeat" law takes effect. (WarnerMedia, a unit of AT&T, is the parent company of CNN.)The executives behind the letter were brought together by a coalition that includes the ACLU, Planned Parenthood and the advocacy group NARAL Pro-Choice America.Ilyse Hogue, NARAL's president, said in a statement that the organization applauds the executives for "taking a stand on behalf of their employees, customers, and communities.""We encourage the entire business community to join us in protecting access to reproductive health care in the critical months and years to come," she added.The coalition is calling the campaign "Don't Ban Equality" and it launched a 2277
This landlocked state shouldn't have any islands. But the deadly flooding that has deluged parts of Nebraska could get worse before it gets better."This really is the most devastating flooding we've probably ever had in our state's history, from the standpoint of how widespread it is," Gov. Pete Ricketts said Monday.More than 8 million people are under flood warnings in the Midwest and the Mississippi River Valley, said CNN meteorologist Dave Hennen."Eastern Nebraska remains the hardest hit area, with much of the southeast part of the state under flood warnings," he said.The flooding has already killed two people in Nebraska and one man in Iowa. Ricketts said at least one person remains missing in Nebraska.Flood records have been shattered in 17 places, and more rivers will likely break cresting records this week, according to the Nebraska Emergency Management Agency. (A crest is the highest point of a flood wave.)Now the big concern is floodwater draining downstream, further deluging communities that can't take any more water.3 deaths include a farmer trying to rescue othersNebraskan James Wilke, a farmer in Platte County, used his tractor to try to help a person trapped in a vehicle, NEMA spokesman Mike Wight said."With the guidance of emergency responders, James drove his tractor over the Shell Creek bridge on the Monestary Road and the bridge gave out. James and the tractor went down into the flood water below," family friend Jodi L. Hefti wrote on Facebook.Another Nebraska man died after he was overcome by flood waters near a dam in Spencer, Wight said.He said one more person in Nebraska is missing and presumed dead.In Iowa, Aleido Rojas Galan of Nebraska was one of three people rescued from floodwater, Iowa's Fremont County Sheriff's Office said. But Galan, 55, succumbed to his injuries and died at a hospital in Lincoln.This nightmare started with a 'bomb cyclone' The mammoth flooding follows a powerful "bomb cyclone" that slammed the central US last week with hurricane-like winds and blizzard conditions.Melting snow ended up in rivers and streams, causing flooding and cresting days after the precipitation was over.Nebraska's Offutt Air Force Base, just south of Omaha, said about 30 buildings were hit with floodwater."Team Offutt has done an incredible job working together to battle this historic flood as best we can," said Col. Michael Manion, 55th Wing commander. On Sunday, he said the 2449
The Trump administration has upgraded its already dire warning to Americans against all international travel as the coronavirus outbreak spreads. At the same time, the State Department disclosed the first positive cornovirus test in a Washington-based employee and announced new restrictions the issuance of passports to U.S, citizens.The department on Thursday issued a new travel alert urging Americans not to go abroad under any circumstances and to return home if they are already abroad unless they plan to remain overseas. It then said passport applications for U.S. citizens at home and abroad would be severely curtailed.“The Department of State advises U.S. citizens to avoid all international travel due to the global impact of COVID-19,” it said in the new advice. “In countries where commercial departure options remain available, U.S. citizens who live in the United States should arrange for immediate return to the United States, unless they are prepared to remain abroad for an indefinite period. U.S. citizens who live abroad should avoid all international travel.”Until the upgrade, the department’s advice to U.S. citizens was to “reconsider” all international travel under what is known as a “level three” alert. The global “level four” warning was unprecedented as such alerts are generally reserved for specific countries embroiled in conflict, natural disasters or where Americans face specific risks.However, the upgrade will likely have little practical effect because it is not mandatory and there are now limited transportation options for international travel. The only way to ban Americans from going abroad would be to invalidate the use of U.S. passports for such travel, a bar that is currently in place only for North Korea.In addition, the main impact of State Department travel alerts is to cause insurance companies to increase premiums or cancel travel policies for group and individual tours, many of which had been scrapped even before the alert was raised to level three earlier this week.The department has already advised Americans that many U.S. embassies and consulates abroad are operating with reduced staff and hours due to the COVID-19 outbreak and that services for Americans in need of assistance are limited.Full Coverage: 2286
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