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MARCH 30, 2021
President Biden Signs PPP Extension Act
President Biden signed into law the Paycheck Protection Program (PPP) Extension Act of 2021. He spoke briefly about the importance of the program and thanked the group of bipartisan senators that helped get the bill passed.
President Biden Signs PPP Extension Act
President Biden signed into law the Paycheck Protection Program (PPP) Extension Act of 2021. He spoke briefly about the importance of the program and thanked the group of bipartisan senators that helped get the bill passed.
President Biden signs the Paycheck Protection Program Extension Act of 2021 into law at the White House on March 30, 2021.
Biden signs PPP extension into law, moving application deadline to May 31
Mar. 31 - Washington -- President Biden on Tuesday signed an extension for the popular Paycheck Protection Program (PPP), which was created last year to help small businesses weather the economic fallout from the coronavirus pandemic. The deadline to apply for a PPP loan has been extended from March 31 to May 31, and the law extends authorization of loans to June 30 to give the Small Business Administration additional time to process applications.
"It is a bipartisan accomplishment," Mr. Biden said in remarks at the bill signing at the White House on Tuesday. "Without somebody signing this bill today, there are hundreds of thousands of people who could lose their jobs, and small family businesses that might close forever."
Mr. Biden thanked Democratic Senators Ben Cardin and Jeanne Shaheen and Republican Senators Marco Rubio and Susan Collins for helping to shepherd the bill through Congress, where it received overwhelming bipartisan support in Congress. The bill extending the deadline passed the House by a vote of 415 to 3, and was approved in the Senate by a vote of 92 to 7.
In late February, the Biden administration announced several additional changes to the program aimed at making the distribution of loans more equitable. As of early March, Small Business Administration data shows average loans to minority-owned businesses were up 20% during the two-week exclusive window from the average over the previous 10 days. Loans to women-owned businesses were up 14%, and loans to small businesses in rural areas were up 12% over the same periods. source from
Biden signs PPP extension into law, moving application deadline to May 31
Mar. 31 - Washington -- President Biden on Tuesday signed an extension for the popular Paycheck Protection Program (PPP), which was created last year to help small businesses weather the economic fallout from the coronavirus pandemic. The deadline to apply for a PPP loan has been extended from March 31 to May 31, and the law extends authorization of loans to June 30 to give the Small Business Administration additional time to process applications.
"It is a bipartisan accomplishment," Mr. Biden said in remarks at the bill signing at the White House on Tuesday. "Without somebody signing this bill today, there are hundreds of thousands of people who could lose their jobs, and small family businesses that might close forever."
Mr. Biden thanked Democratic Senators Ben Cardin and Jeanne Shaheen and Republican Senators Marco Rubio and Susan Collins for helping to shepherd the bill through Congress, where it received overwhelming bipartisan support in Congress. The bill extending the deadline passed the House by a vote of 415 to 3, and was approved in the Senate by a vote of 92 to 7.
In late February, the Biden administration announced several additional changes to the program aimed at making the distribution of loans more equitable. As of early March, Small Business Administration data shows average loans to minority-owned businesses were up 20% during the two-week exclusive window from the average over the previous 10 days. Loans to women-owned businesses were up 14%, and loans to small businesses in rural areas were up 12% over the same periods. source from
MARCH 30, 2021
White House Daily Briefing
White House Press Secretary Jen Psaki held a briefing on news of the day. Topics discussed included a preview of President Biden’s speech on infrastructure and the World Health Organization’s report on COVID-19.
White House Daily Briefing
White House Press Secretary Jen Psaki held a briefing on news of the day. Topics discussed included a preview of President Biden’s speech on infrastructure and the World Health Organization’s report on COVID-19.
President Biden to announce $2 trillion infrastructure proposal on Wednesday
The proposal will reportedly be be paid for by increasing the corporate tax rate up to 28 percent from 21 percent, and through developing a global tax on corporate earnings.
Mar. 31 - Less than a month after approving a whopping $1.9 trillion coronavirus relief package, President Biden on Wednesday will unveil a $2 trillion infrastructure package.
Information regarding the plans was provided to legislators in a Tuesday call with White House staff, according to The Hill.
The Hill noted that "a source familiar with the call" confirmed to the outlet that the proposal would be paid for through increasing the corporate tax rate up to 28 percent from the 21 percent, and through developing a global tax on corporate earnings... The president will officially reveal the proposal in Pittsburgh on Wednesday. source from
The proposal will reportedly be be paid for by increasing the corporate tax rate up to 28 percent from 21 percent, and through developing a global tax on corporate earnings.
Mar. 31 - Less than a month after approving a whopping $1.9 trillion coronavirus relief package, President Biden on Wednesday will unveil a $2 trillion infrastructure package.
Information regarding the plans was provided to legislators in a Tuesday call with White House staff, according to The Hill.
The Hill noted that "a source familiar with the call" confirmed to the outlet that the proposal would be paid for through increasing the corporate tax rate up to 28 percent from the 21 percent, and through developing a global tax on corporate earnings... The president will officially reveal the proposal in Pittsburgh on Wednesday. source from
Israeli Firm Working on Sensitive Project Signed MOU With Chinese State-owned Company Without Government's Knowledge
An Israeli company working on a major aviation project signed a deal with a Chinese state-owned corporation blacklisted by the U.S. Defense officials voiced concerns it could harm ties with Washington
Mar. 31 - ...Chinese involvement in Israel has been sharply criticized in recent years by the United States, especially the Pentagon. The American security establishment is concerned that Chinese projects will open a door to technological surveillance of the U.S. Army deployed in the region, and Israel has been warned multiple times about collaboration with China. One of the main issues Israel has been cautioned about is the expansion of Haifa Port by a Chinese company. In closed-doors meetings, American officials said that the U.S. Sixth Fleet would cease anchoring at the port over espionage concerns... quoted from
An Israeli company working on a major aviation project signed a deal with a Chinese state-owned corporation blacklisted by the U.S. Defense officials voiced concerns it could harm ties with Washington
Mar. 31 - ...Chinese involvement in Israel has been sharply criticized in recent years by the United States, especially the Pentagon. The American security establishment is concerned that Chinese projects will open a door to technological surveillance of the U.S. Army deployed in the region, and Israel has been warned multiple times about collaboration with China. One of the main issues Israel has been cautioned about is the expansion of Haifa Port by a Chinese company. In closed-doors meetings, American officials said that the U.S. Sixth Fleet would cease anchoring at the port over espionage concerns... quoted from
Floyd’s nephew, Brandon Williams (center), with the Rev. Al Sharpton (left) outside the heavily guarded Hennepin County Government Center, in Minneapolis, Minn., before the murder trial of Officer Derek Chauvin began, March 29, 2021
Derek Chauvin trial begins in George Floyd murder case: 5 essential reads on police violence against Black men
Mar. 31 - The trial of former police officer Derek Chauvin for the murder of George Floyd is underway in Minneapolis, Minnesota.
Chauvin, who is white, is charged with second-degree murder, third-degree murder and manslaughter in connection with the death of George Floyd, who was Black, during an arrest last May. For 8 minutes and 46 seconds, Floyd – handcuffed and face down on the pavement – said repeatedly that he could not breathe, while other officers looked on.
A video of Floyd’s agonizing death soon went viral, triggering last summer’s unprecedented wave of mass protests against police violence and racism. Chauvin’s murder trial is expected to last up to four weeks.
These five stories offer expert analysis and key background on police violence, Derek Chauvin’s record and racism in U.S. law enforcement.
1. Police violence is a top cause of death for Black men
Since 2000, U.S. police have killed between 1,000 and 1,200 people per year, according to Fatal Encounters, an up-to-date archive of police killings. The victims are disproportionately likely to be Black, male and young, according to a study by Frank Edwards at the Rutgers School of Criminal Justice, in Newark.
In 2019, Edwards and two co-authors analyzed the Fatal Encounters data to assess how risk of death at the hands of police varies by age, sex and race or ethnicity. They found that while “police are responsible for a very small share of all deaths” in any given year, they “are responsible for a substantial proportion of all deaths of young people.”
Police violence was the sixth-leading cause of death for young men in the United States in 2019, after accidents, suicides, homicides, heart disease and cancer.
That risk is particularly high pronounced for young men of color, especially young Black men.
“About 1 in 1,000 Black men and boys are killed by police” during their lifetime, Edwards wrote.
In contrast, the general U.S. male population is killed by police at a rate of .52 per 1,000 – about half as often. more to read
Derek Chauvin trial begins in George Floyd murder case: 5 essential reads on police violence against Black men
Mar. 31 - The trial of former police officer Derek Chauvin for the murder of George Floyd is underway in Minneapolis, Minnesota.
Chauvin, who is white, is charged with second-degree murder, third-degree murder and manslaughter in connection with the death of George Floyd, who was Black, during an arrest last May. For 8 minutes and 46 seconds, Floyd – handcuffed and face down on the pavement – said repeatedly that he could not breathe, while other officers looked on.
A video of Floyd’s agonizing death soon went viral, triggering last summer’s unprecedented wave of mass protests against police violence and racism. Chauvin’s murder trial is expected to last up to four weeks.
These five stories offer expert analysis and key background on police violence, Derek Chauvin’s record and racism in U.S. law enforcement.
1. Police violence is a top cause of death for Black men
Since 2000, U.S. police have killed between 1,000 and 1,200 people per year, according to Fatal Encounters, an up-to-date archive of police killings. The victims are disproportionately likely to be Black, male and young, according to a study by Frank Edwards at the Rutgers School of Criminal Justice, in Newark.
In 2019, Edwards and two co-authors analyzed the Fatal Encounters data to assess how risk of death at the hands of police varies by age, sex and race or ethnicity. They found that while “police are responsible for a very small share of all deaths” in any given year, they “are responsible for a substantial proportion of all deaths of young people.”
Police violence was the sixth-leading cause of death for young men in the United States in 2019, after accidents, suicides, homicides, heart disease and cancer.
That risk is particularly high pronounced for young men of color, especially young Black men.
“About 1 in 1,000 Black men and boys are killed by police” during their lifetime, Edwards wrote.
In contrast, the general U.S. male population is killed by police at a rate of .52 per 1,000 – about half as often. more to read
