Butterfield Praises Passage of the CARES Act
WASHINGTON, DC – Today, Congressman G. K. Butterfield issued the following statement on the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the third phase of the COVID-19 federal response:
“Today, I was proud to join my colleagues in passing the CARES Act. This aggressive third coronavirus response package has $2 trillion in federal aid that North Carolinians and North Carolina businesses struggling with the COVID-19 outbreak desperately need right now.
“I’m appreciative to the Democratic leadership for insisting on more robust protections for workers and small business. The original Senate Republican bill was inadequate in putting families first. After sincere negotiations, the legislation became bipartisan and for that I am deeply appreciative to my colleagues on both sides of the Congressional aisle.
“This legislation provides critical financial support for struggling North Carolinians with direct income assistance payments, expanded unemployment benefits that include workers normally not eligible for unemployment and additional money that will fully replace most workers missed paychecks, rental assistance, and temporary relief of federal student loan payments.
“For struggling businesses and non-profits in North Carolina, this bill includes hundreds of billions of dollars in loans and assistance to help these organizations maintain their workforces and help them pay their rent, mortgage, and utilities expenses.
“For those on the frontlines battling this outbreak, this bill provides a historic $150 billion investment in our healthcare system, including $100 billion for hospitals and healthcare providers, and a desperately needed $1.3 billion in emergency funding for our community health centers. It also has $150 billion for a State and Local Coronavirus Expenditures Fund to assist states and local governments deal with new expenses related to COVID-19 response.
“We are facing a health and economic crisis of historic measure and the CARE Act is the single biggest peacetime legislation ever passed in our Nation’s history. Our families and workers deserve nothing less, and while there is still much work to be done, this bipartisan aid package will help stabilize some of the health and economic destruction this outbreak has caused thus far. I will continue to fight for the people of the First District of North Carolina and support their needs through this crisis.”