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Following weeks of negotiations, congressional leaders were unable to reach an agreement last week with the White House to provide additional economic relief to small businesses, local governments, and unemployed Americans. Throughout the summer, NMMA has outlined the industry’s priorities to key members of Congress and staff.

While congressional leaders still expect to reach agreement in the future, President Trump issued four executive orders earlier this week related to payroll tax and student loan deferments, unemployment assistance and evictions – NMMA will provide more updates and resources once additional guidance from the administration is provided.

Earlier this summer, the U.S. House of Representatives passed a $3.4 trillion economic relief package to provide additional financial relief and flexibility to businesses, state and local governments, and millions of unemployed Americans; however, the U.S. Senate did not vote on the measure. Senate Republicans recently introduced a $1 trillion relief bill; however, that measure failed to receive a vote in the Senate. To date, Congress has provided more than $3 trillion in financial assistance to help keep employees on the payrolls and sustain business operations.

NMMA will continue to monitor the negotiations as it unfolds and advocate for the industry’s priorities with lawmakers and key staff. As a reminder, NMMA has a COVID-19 webpage to serve as a one stop shop for a variety of helpful resources for manufacturers, business owners, and the general public: https://www.nmma.org/coronavirus.
For more information, please contact NMMA director of federal government relations, Clay Crabtree at [email protected].