Press Releases

Rose Helps Pass Emergency Coronavirus Relief, Sending Over $40 Billion to New York

In speech on house floor prior to vote, Congressman urged immediate action to provide much needed relief: ‘I rise today in support of this bill, because each and every day New Yorkers, people in my own community, are dying … this is just the beginning. More work will need to be done. New York needs more help, but we're Americans and we can get the job done’

Washington, March 27, 2020

Watch Rose’s floor speech HERE.

 

Congressman Max Rose voted today to pass the historic, bipartisan Coronavirus Aid, Relief, & Economic Security (CARES) Act to provide over $40 billion in much-needed relief to New York. The legislation, which passed the Senate on Wednesday, was passed by the House of Representatives by a voice vote and heads to the President’s desk to be signed into law. Prior to the vote, Rose delivered a speech on the House floor highlighting the immediate need for relief.

 

“I rise today in support of this bill, because each and every day New Yorkers, people in my own community, are dying,” said Rose on the House floor. “I rise today in support of this bill because our front line soldiers of this war are nurses and our doctors and they need masks. I rise today because days from now, weeks from now, new Yorkers will need thousands of more ventilators. I rise today because hundreds of thousands of New Yorkers have been laid off. And I rise today in support of this bill because this virus doesn't see party affiliation and today we rise as Americans, not Democrats or Republicans. And lastly, I rise today in support of this bill because this is just the beginning. More work will need to be done. New York needs more help, but we're Americans and we can get the job done.”

 

Included in the bipartisan CARES Act is:

Estimated $15.5 billion in direct payments to New Yorkers

  • Individuals, including retired and unemployed New Yorkers, making up to $75,000 will receive $1200 payments, $2400 for couples, plus $500 per child. The payments are decreased over these income levels and phase out at $99,000/individual and $198,000/couple.

Estimated $15 billion for New York of $260 billion in Unemployment Insurance (UI) Benefits

  • The bill bolsters UI benefits by providing a $600 increase/week to each worker’s base UI benefit, incentivizing states to waive waiting weeks for recipients, extending an additional 13 weeks of federally-funded UI, and expanding access for part-time, self-employed, and gig economy workers.

$7.5 billion for New York from the State and Local Government Coronavirus Relief Fund

  • $5.1 billion for New York State
  • $1.4 billion for New York City

At least $2 billion for New York from the Education Stabilization Fund

A new $30.75 billion Education Stabilization Fund provide states with flexibility to support elementary and secondary schools and postsecondary education.

  • Estimated $1.037 billion for New York’s K-12 public school districts
  • Estimated $890.3 million for New York institutions of higher education
  • Approximately $164 million to New York State to address for K-12 and/or higher education needs

Billions directly for New York hospitals out of $200 Billion for our hospitals, health care workers, and health research

  • Provides an investment of about $200 billion in our hospitals, health systems, and health research, including expanding funding for the personal protective equipment desperately needed by our health care workers, including ventilators, n95 masks, gowns, gloves, etc.

More than $375 billion in small business relief

  • Provides more than $375 billion in small business relief, including $349 billion for forgivable loans to small businesses to pay their employees and keep them on the payroll; $17 billion for debt relief for current and new SBA borrowers; and $10 billion in immediate disaster grants.

$3.8 billion for the Metropolitan Transportation Authority of $25 billion in grants to transit agencies for operating expenses, payments to furloughed workers, worker protections, and compensation for lost revenue.

Billions from the $45 billion for FEMA Disaster Relief Fund (DRF)

  • Existing funds for DRF have already provided hundreds of millions to support the response in New York, and the bill provides an additional $45 billion. Reimbursable activities include medical response, PPE, National Guard deployment, coordination of logistics, safety measures, and community services – many of the very same activities being carried out by the State.

$45 million for New York of the $850 million for Byrne-Justice Assistance Grants to support state and local police departments to purchase PPE and medical items, support overtime for officers, and meet other local needs. Based on FY2019 formula awards, estimates include:

  • $27 million for New York State
  • $18 million local governments eligible for Byrne-Justice Assistance Grants

$192 million in Emergency Solutions Grants for New York of $2 billion awarded to states within 30 days. Funding will support families and individuals experiencing homelessness, as well as additional homeless assistance to mitigate the impact of the pandemic.

$37.3 million to New York City and New York State out of $750 million in CDC Public Health Emergency Preparedness funding for health agencies with strategic planning and strengthen public health preparedness capabilities.

  • $18.5 million for New York State
  • $18.8 million for New York City

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