The Household & Commercial Products Association (HCPA) released the following statement today, attributed to Steve Caldeira, President & CEO of HCPA, after the U.S. Senate unanimously passed a $2 trillion stimulus bill in response to the COVID-19 pandemic. The bill will now go to the U.S. House of Representatives for a vote.
“We commend the U.S. Senate for reaching a much-needed bipartisan agreement on an economic relief package. The $2 trillion allocated by the bill will help to alleviate the economic impact of the COVID-19 pandemic by helping American households and businesses that have been affected.
HCPA successfully advocated for the inclusion of additional funds for the Environmental Protection Agency (EPA) to expedite pesticide registrations to address COVID-19 and research on the environmental transmission of the virus on surfaces.
In addition to $1,200 direct payments to most Americans, the bill also includes approximately $100 billion for hospitals and healthcare systems, $350 billion in loans for small businesses, $500 billion in loans for corporations, and $150 billion for state and local governments.
The relief package will help to boost the U.S. economy during this national health emergency and stabilize households and businesses in a time of financial uncertainty for many Americans. We are hopeful that the U.S. House of Representatives will vote quickly to pass the bill so it can be signed by the President.”