Statement on PA CARES 21 Proposal
Originally published by KRC-PBPC at https://krc-pbpc.org/research_publication/statement-on-pa-cares-21-proposal/ Pennsylvania Senate Democrats have today put forward a bold plan to borrow funds at low interest rates to provide relief to many Pennsylvanians who are still struggling with the devastating effects of the COVID-19 pandemic. For three reasons, it should be enacted quickly. First, it is desperately needed not to just to provide immediate relief to small business, the unemployed, local governments, our schools, health care providers, front-line workers and others but to keep the Pennsylvania economy from falling deeper into recession. The failure of the General Assembly to use the remainder of the CARES funds to provide aid to vulnerable Pennsylvanians, and especially to our small businesses, front-line workers, and health care providers was a dereliction of their responsibility to protect the most vulnerable in this crisis. And, as the IFO pointed out, the fairly quick, albeit partial, rebound from the economic disaster… Continue reading

