While the $349 billion Paycheck Protection Program (PPP) has produced multiple problems and glitches and a perceived potential shortfall for small businesses seeking funds to survive, the federal government and banks are trying to correct the errors, shore up the funds and streamline the process. U.S. Treasury Secretary Steven Mnuchin stated in an interview to
“…all small businesses out there, we will not run out of money……we want to assure everybody if you don’t get a loan this week, you’ll get a loan next week or the following week. The money will be there.”
The Administration is also requesting that Congress allocate an additional $250 billion for the PPP program. While Senate and House passage was sought this, week, partisan disputes delayed this action. Hopes are that a further relief package will be enacted next week.
The Federal Reserve on Thursday released a list of actions that it will be taking to bolster the economy – totaling $2.3 trillion in aid. They include:
Employees Return to Work
The Centers of Disease Control and Prevention (CDC) issued interim guidance for “Implementing Safety Practices for Critical Infrastructure Workers Who May Have Had Exposure to a Person with Suspected or Confirmed COVID-19” and how they can return to work. If the worker has had exposure but is asymptomatic they should follow several guidelines that include
Employer COVID-19 Liability
In a related and very important matter, the Administration and Congress have begun internal discussions on the issue of employer liability for the workplace transmission of COVD-19. This is an evolving issue with Walmart being the defendant in one of the first employee lawsuits alleging negligence and wrongful death.
The importance of workplace safety practices is critical. According to existing statutes, the Occupational Safety and Health Act’s general duty clause requires that employers “furnish to each of his employees employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his employees.”
Access FREE COVID-19 Resources from ARA's Training Partner – KPA
Coronavirus Training and Resources Page
To help organizations keep their employees and customers safe, KPA is offering 5 training courses free of charge. The courses cover the following topics:
Stay safe and our thoughts are with those who will not be with family during this Passover.
Contact ARA Staff with any questions or concerns. You can reach us at 571-208-0428 extension 2 or 3 or Sandy directly at 505-228-0401. In order to comply with the Virginia Governor's Directive to close all non-essential businesses, the ARA Office is closed and the staff continues to work remote from home.
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go to ARA's State & Provincial COVID-19 Orders