On the recordMay 15, 2020
On March 1, Vermont had the lowest unemployment rate in its history. Today, it has the highest unemployment rate in its history. About one-third of Vermonters who would like a job can't find a job. The Federal Government is the only entity that has the fiscal flexibility and the fiscal capacity to meet that need. We have to act. This legislation would provide Vermont with over $2 billion for State and local budgets. Absent that, the pain is going to be pressed, pressed, pressed down into our firefighters, our teachers, and our kids. It has reforms to the Paycheck Protection Program so our restaurants and our small businesses have a chance to make use of that, something both sides want to happen. It has $75 billion for testing, which is the path to getting on top of this virus. It provides funds to try to stabilize our institutions of higher education that we must have on the other side of this virus. There are differences, and we don't have the luxury of time for the full debate all of us would prefer, but we must act, and we must act now. If we make a mistake in how we proceed--and mistakes will be made--it should be on the side of erring to do too much, not too little.
Source
govinfo.gov




