Items Tagged with 'PPP'

Farmers who were facing a steep drop in government payments in 2021 will instead see a third round of coronavirus relief payments and other producers and ag processors left out of previous aid programs this year will get help this time, under a massive stimulus package and government funding bill.

Congressional leaders reach agreement with the White House on a $900 billion COVID-19 relief package that will include a new round of aid to various agriculture sectors while also ensuring the deductibility of expenses used to get forgiveness of Paycheck Protection Program loans.

Congress faces a midnight deadline to keep the government funded. As of Thursday evening, it wasn’t clear whether lawmakers would be asked to pass a very short-term stopgap spending bill to provide the time they need to pass a massive bill that would include both government funding for fiscal 2021 as well as a big new COVID aid package.

Lawmakers have given themselves one more week to reach a deal on a new coronavirus relief package that congressional leaders want to wrap into a government-wide funding bill for fiscal 2021.

Many farmers will see their incomes rise this year amid the historically massive outpouring of government aid producers have received as a result of the COVID-19 pandemic, USDA says.

Senate Republicans are circulating a trimmed-down coronavirus aid package that leaves out additional aid for farmers as well as the $1,200-per-person stimulus checks included in their earlier, $1 trillion HEALS Act.

The House will vote on a $1.5 trillion infrastructure bill that likely has no future in the GOP-controlled Senate but does provide a blueprint for what Democrats may try to do if they win control of the Senate in November.

President Donald Trump is expected to sign a bill giving farms and businesses more flexibility in how and when they can spend their Paycheck Protection Program loans and still get them forgiven.

California’s small-scale specialty crop growers are feeling frustrated and left out by the “lack of inclusion” among federal aid programs.