Paycheck Recovery Act
STATUS:
House of Representatives: H.R.6918 has been introduced and referred to Financial Services, Judiciary, and Energy and Commerce Committees.
Analysis
Mandates the federal government cover up to 100% of base payroll costs for businesses suffering COVID-19 related revenue losses.
Mitigates adverse effects to economic recovery by keeping workers attached to jobs and their health insurance, and covering business costs like rent and utilities.
Directs the Treasury Department to award grants to employers with certain amounts of revenue losses.
Establishes a Congressional Paycheck Recovery Program Implementation Oversight Board to ensure employers that receive grants use the funds appropriately and comply with all conditions.
Which human? Whose security?
Security of the whole country, through protection of all workers (and consequently all consumers).
Fact reports
Congressional Progressive Caucus Center fact sheet.
“The Paycheck Recovery Act will end mass unemployment, put workers back on their paychecks and health care and keep businesses from closing permanently while ensuring workers aren’t forced to return to work before it is safe to do so.”
CONGRESSIONAL SUPPORT
House of Representatives
INTRODUCED BY:
Rep. Pramila Jayapal [D-WA-7]
CO-SPONSORS:
Rep. Stevens, Haley M. [D-MI-11], Rep. Schiff, Adam B. [D-CA-28], Rep. Casten, Sean [D-IL-6], Rep. Pocan, Mark [D-WI-2], Rep. Porter, Katie [D-CA-45], Rep. Escobar, Veronica [D-TX-16], Rep. Adams, Alma S. [D-NC-12], Rep. Bass, Karen [D-CA-37], Rep. Beatty, Joyce [D-OH-3], Rep. Beyer, Donald S., Jr. [D-VA-8], Rep. Blumenauer, Earl [D-OR-3], Rep. Blunt Rochester, Lisa [D-DE-At Large], Rep. Bonamici, Suzanne [D-OR-1], Rep. Boyle, Brendan F. [D-PA-2], Rep. Brownley, Julia [D-CA-26], Rep. Castro, Joaquin [D-TX-20], Rep. Carson, Andre [D-IN-7], Rep. Chu, Judy [D-CA-27], Rep. Cicilline, David N. [D-RI-1], Rep. Clark, Katherine M. [D-MA-5], Rep. Clarke, Yvette D. [D-NY-9], Rep. Cleaver, Emanuel [D-MO-5] Rep. Cohen, Steve [D-TN-9], Rep. Connolly, Gerald E. [D-VA-11], Rep. DeFazio, Peter A. [D-OR-4], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Dingell, Debbie [D-MI-12], Rep. Espaillat, Adriano [D-NY-13], Rep. Evans, Dwight [D-PA-3], Rep. Fudge, Marcia L. [D-OH-11], Rep. Garcia, Jesus G. "Chuy" [D-IL-4], Rep. Garcia, Sylvia R. [D-TX-29], Rep. Grijalva, Raul M. [D-AZ-3], Rep. Haaland, Debra A. [D-NM-1], Rep. Hastings, Alcee L. [D-FL-20], Rep. Hayes, Jahana [D-CT-5], Rep. Heck, Denny [D-WA-10], Rep. Horsford, Steven [D-NV-4], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Jeffries, Hakeem S. [D-NY-8], Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4], Rep. Kennedy, Joseph P., III [D-MA-4], Rep. Larson, John B. [D-CT-1], Rep. Lee, Barbara [D-CA-13], Rep. Levin, Andy [D-MI-9], Rep. Levin, Mike [D-CA-49], Rep. Lieu, Ted [D-CA-33], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Malinowski, Tom [D-NJ-7], Rep. Maloney, Carolyn B. [D-NY-12], Rep. McGovern, James P. [D-MA-2], Rep. Meng, Grace [D-NY-6], Rep. Morelle, Joseph D. [D-NY-25], Rep. Nadler, Jerrold [D-NY-10], Rep. Napolitano, Grace F. [D-CA-32], Rep. Neguse, Joe [D-CO-2], Rep. Norton, Eleanor Holmes [D-DC-At Large], Rep. Ocasio-Cortez, Alexandria [D-NY-14], Rep. Omar, Ilhan [D-MN-5], Rep. Pallone, Frank, Jr. [D-NJ-6], Rep. Pingree, Chellie [D-ME-1], Rep. Pressley, Ayanna [D-MA-7], Rep. Raskin, Jamie [D-MD-8], Rep. Richmond, Cedric L. [D-LA-2], Rep. Roybal-Allard, Lucille [D-CA-40], Rep. Rush, Bobby L. [D-IL-1], Rep. Sarbanes, John P. [D-MD-3], Rep. Scanlon, Mary Gay [D-PA-5], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Schrier, Kim [D-WA-8], Rep. Shalala, Donna E. [D-FL-27], Rep. Smith, Adam [D-WA-9], Rep. Soto, Darren [D-FL-9], Rep. Speier, Jackie [D-CA-14], Rep. Suozzi, Thomas R. [D-NY-3], Rep. Tlaib, Rashida [D-MI-13], Rep. Trahan, Lori [D-MA-3], Rep. Vargas, Juan [D-CA-51], Rep. Vela, Filemon [D-TX-34], Rep. Velazquez, Nydia M. [D-NY-7], Rep. Watson Coleman, Bonnie [D-NJ-12], Rep. Welch, Peter [D-VT-At Large], Rep. Khanna, Ro [D-CA-17], Rep. Barragan, Nanette Diaz [D-CA-44], Rep. Butterfield, G. K. [D-NC-1], Rep. Clyburn, James E. [D-SC-6], Rep. Sherrill, Mikie [D-NJ-11], Rep. Serrano, Jose E. [D-NY-15], Rep. Gonzalez, Vicente [D-TX-15], Rep. Ryan, Tim [D-OH-13], Rep. Gallego, Ruben [D-AZ-7], Rep. Kirkpatrick, Ann [D-AZ-2], Rep. Lee, Susie [D-NV-3], Rep. Wilson, Frederica S. [D-FL-24], Rep. Wild, Susan [D-PA-7], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Rose, Max [D-NY-11], Rep. Huffman, Jared [D-CA-2], Rep. Takano, Mark [D-CA-41], Rep. Green, Al [D-TX-9], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Higgins, Brian [D-NY-26], Rep. Correa, J. Luis [D-CA-46].
