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Economy

Alabama child support advisory committee to hold online meeting amid COVID-19

The Alabama Advisory Committee on Child Support Guidelines and Enforcement is to hold a web meeting on April 30 as in-person meetings have been suspended due to the COVID-19 crisis.  The committee, which makes recommendations to the state Supreme Court con the child support matters, is to meet at 10 a.m. on Thursday, April 30.  … Continued
April 23, 2020

Aderholt: Business leaders he polled say economy should reopen May 1

Congressman Robert Aderholt, R-Haleyville, sent Alabama Gov. Kay Ivey a letter this week stating that the majority consensus of the business leaders he consulted is that the Alabama economy should reopen on May 1. “The majority consensus (64% of respondents) is that Alabamians are prepared to return to work and that the economy should begin … Continued
April 23, 2020

Brooks: Every day Ivey delays reopening causes “more economic suffering”

Congressman Mo Brooks, R-Huntsville, on Wednesday repeated his call for Alabama Gov. Kay Ivey to lift the restrictions that have shut down the Alabama economy. “Every day, Governor Ivey delays causes more economic suffering by Alabama’s economy,” Brooks stated on social media. On Monday, Brooks, after consulting with his appointed counsel of advisors, sent a … Continued
April 23, 2020

Jones asks Senate to aid furloughed, laid off workers

U.S. Sen. Doug Jones, D-Alabama, in a letter to Senate leadership Wednesday, pressed for a program to shore up laid off or furloughed workers’ wages and benefits for up to six months as businesses big and small struggle amid the COVID-19 pandemic. Jones and Sens. Mark Warner of Virginia, Bernie Sanders of Vermont, Richard Blumenthal … Continued
April 22, 2020

Shelby, Jones vote for $484 billion coronavirus relief bill

U.S. Sens. Richard Shelby, R-Alabama, and Doug Jones, D-Alabama, both applauded the Senate’s passage Tuesday of the “Paycheck Protection Program (PPP) and Health Care Enhancement Act.” The $484 billion measure provides additional funding to assist small businesses and meet the urgent healthcare needs of American families and workers during the COVID-19 public health pandemic. The … Continued
April 22, 2020

Palmer: Alabama should start reopening the economy next week

Congressman Gary Palmer, R-Hoover, said Tuesday that Alabama should start opening some businesses next week. When to reopen the economy and how to do it is becoming an increasing focus of the debate on how best to deal with the coronavirus global pandemic. “I think we can start opening some next week,” Palmer told ABC … Continued
April 22, 2020

Ivey says plan for reopening the economy “will be data driven not date driven”

Alabama Gov. Kay Ivey held her weekly briefing Monday with state legislators to update them on the state’s COVID-19 response and plans for reopening the economy. Ivey told state legislators that reopening the economy will be data-driven rather than date-driven. Reopening the economy will be a balance of health and economics, she said. Thirty to … Continued
April 21, 2020

Brooks advises governor to reopen the Alabama economy

Congressman Mo Brooks, R-Huntsville, transmitted to Alabama Gov. Kay Ivey her request Monday for recommendations by Alabama’s 5th Congressional District Advisory Committee for reviving Alabama’s economy. The Committee was formed at Governor Ivey’s request. The group evaluated the economic effects of Governor Ivey’s “Stay-at-Home Order” and made recommendations on how to best minimize economic damage … Continued
April 21, 2020

Jones demands immediate assistance for Alabama farmers, producers

U.S. Senator Doug Jones, D-Ala., today called on the Small Business Administration (SBA) to include farmers and producers in new economic relief programs established by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Farmers in Alabama and across the country have been shut out from accessing the Paycheck Protection Program (PPP) funds provided for them by the CARES Act due to … Continued
April 21, 2020

80 percent of PPP applicants are still waiting for financial assistance

The NFIB Research Center released a survey today on the small business loan programs. Small business owners were asked about the Paycheck Protection Program and the Economic Injury Disaster Loan on April 17, the day after the programs ran out of money. About 20 percent of submitted applications have been fully processed with funds deposited in the … Continued
April 21, 2020