On the heels of last week’s House action on postal reform, the Senate this week got into the game by introducing companion legislation.
Lisbeth A. Lyons
There’s never been more publicity surround USPS and – in recent times – the postal rate increase stakes have never been higher, all leading to the fact that Congress must act now to bring both short-term fiscal sanity and long-term operational viability to the nation’s postal system.
With an increasingly vaccinated world, it is time for Congress to address the next phase of industry sector relief and recovery.
The PRO Act has been circulating in the US Congress for years, but gained national attention and momentum in the past weeks. Why now?
The next step Congress can take to help revive this sector is passage of the bipartisan “Hospitality and Commerce Jobs Act of 2021.”
Raising revenue to pay for this bill will cause an all-out food fight amongst sectors of the business community.
The US Postal Service released its 10-year strategic plan this week. It’s a mixed bag for the commercial printing and mailing sector.
On March 11, 2021, President Biden signed H.R. 1319, the American Rescue Plan Act (ARPA) passed by Congress one day earlier, into law.
ARPA includes several tax policy provisions relevant to employers and their employees.
ARPA includes provisions related to unemployment benefits as well as multi-employer pension plans.
ARPA includes provisions aimed at small business economic recovery via Paycheck Protection Program and Economic Injury Disaster Loans.
ARPA includes provisions providing targeted sector-specific assistance to companies within key print verticals.
Today marks a two-week window in which lenders will be servicing micro-businesses seeking loans through the PPP.
The Paycheck Protection Program will officially reopen the week of Jan. 11, 2021 according to the US SBA and US Department of Treasury.
The two final Senate races have been decided. If the operations manager in you is wondering, “How does that even work?”, read on.