April 19, 2021

House

House Passes Rep. Kim’s Small Business Capital Bill

WASHINGTON, DC – The U.S. House of Representatives on Thursday passed the Microloan Improvement Act of 2021 (H.R. 1502), a bipartisan bill introduced by Congressman Andy Kim (NJ-03) to help small businesses access much needed capital to help them through the coronavirus crisis. 

“We need to do everything we can to help our small businesses in this critical time,” said Congressman Kim. “We’ve seen too many times during this crisis small businesses that have missed out because the system simply doesn’t reach them. This bill will make a big difference for small businesses across our country, and I’m proud to

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7 ways to save money for a house

Saving up for a house can take years. But if you’ve set a savings goal and you’re ready to buy, using Credible’s online mortgage calculator will help you figure out your monthly payments and understand how much you’ll need to save before making a mov (iStock)

Houses are expensive, and saving money to buy a house can take years. In fact, the average sales price of a new home was $346,400 in January 2021, according to U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau, and the average sales price was $408,800. For

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Four Latinas in the Biden White House reflect on their personal trajectories, historic roles

WASHINGTON — It’s been quite a journey for Jennifer Molina.

“I arrived without papers, we were poor,” said Molina, who immigrated with her family from Colombia. She now works at the White House as senior director of coalitions media, responsible for communications with media that focuses on specific communities such as Latinos.

“We didn’t have much and I think that as I grew up with so little, that helped me,” Molina said. “My mom was a single mom and I could really see the need for politics in people’s lives.”

Molina is one of four high-profile Latinas in the Biden

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U.S. House approves small business Paycheck Protection Program extension to May 31

FILE PHOTO: A man makes his way past the U.S. Capitol in Washington, U.S., February 26, 2021. REUTERS/Kevin Lamarque/File Photo

WASHINGTON (Reuters) – The U.S. House of Representatives on Tuesday overwhelmingly approved a 60-day extension, to May 31, of the Paycheck Protection Program that helps small businesses stay afloat during the coronavirus pandemic.

The program, launched a year ago as part of a major COVID-19 aid bill, set loans for small businesses such as restaurants that were struggling as the United States went into a lockdown in an attempt to stop the spread of the coronavirus.

Nevertheless, millions of jobs

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House Extends Small-Business Rescue, With $93 Billion Still Left

Photographer: Andrew Harrer/Bloomberg

The U.S. House approved a two-month extension of a popular U.S. small-business rescue program that still has almost $93 billion left to distribute, giving companies until the end of May to apply for the forgivable loans.

The Paycheck Protection Program was initially set up a year ago as lockdowns stemming from the coronavirus paralyzed the American economy. Lawmakers expanded and extended it as the Covid-19 crisis continued.

The House voted 415-3 on a bill extending the PPP for two months from its current expiration date of March 31. The Senate is expected to also

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House Finance chairman open to completely changing Justice’s tax proposal

House Finance Chairman Eric Householder says Gov. Jim Justice’s tax plan is unlikely to make a committee agenda as it is.

Eric Householder

“It will look entirely different from what the governor introduced,” Householder, R-Berkeley, said on MetroNews’ “Talkline this morning, describing a completely new bill that could be taken up by the Finance Committee.

The Finance chairman said he still needs to talk to the governor about that, alluding to a meeting this coming Wednesday.

“You’re gonna see probably a committee substitute. That’s what I propose,” Householder said today. “I’m gonna meet with the governor probably next Wednesday and

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