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Business leaders hailed the news that Congress has approved President Joe Biden’s $ 1.9 billion coronavirus stimulus package, with American Airlines canceling holidays, although a lobby group of large U.S. employers stressed the need for bipartite action in the future.
American Airlines chief executive Doug Parker said the 13,000 employees who received Worker Adjustment and Retraining Notification (WARN) notices could “tear them apart.” In an Instagram video, he said that once the bill is enacted there will be no more time off with the carrier in April “and with the rise in vaccinations, I hope never again.”
Parker said additional funding for the airline payroll support program would provide job protection for U.S. workers through September 30 and urged employees to thank congressional officials if they had to. see on a flight.
The Business Roundtable, Washington’s leading corporate lobbying group, said that while it had advocated a more targeted approach, the aid “will help provide urgent resources” to strengthen the public health response and support individuals. and small businesses hardest hit by the pandemic.
However, the legislation has not received bipartisan support and the lobby has called for a more bipartisan approach to future policies – like the infrastructure bill that Biden will next turn to – for a “stronger economic recovery and more sustainable”.
New York, which was hit hard early in the pandemic, is expected to receive $ 100 billion from the deal. This would allow it to maintain essential services, said the Partnership for New York City, a business group that represents some of the city’s largest employers.
“The business community is committed to ensuring that these federal funds leverage the additional private investment that will be needed to restore the more than 850,000 jobs and thousands of small businesses that the city and state have lost to pandemic, ”said Executive Director Kathryn Wylde.
Small business advocacy group Main Street Alliance said the plan would provide relief to small businesses as well as their customers. “Now we need to start the work to get us beyond the triage and rebuild a more resilient and sustainable economy,” said Didier Trinh, director of government affairs for the Main Street Alliance.
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