Economy
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Washington, D.C. -- Today, Congressman Steven Horsford (NV-04) voted to pass the Heroes Act: urgently-needed legislation to protect the lives and livelihoods of the American people and the life of our democracy – responding to the pandemic and the economic catastrophe that has followed. The legislation is expected to provide roughly $8.7 billion to Nevada's state and local governments in 2020 and 2021.
Washington, D.C. -- Today, Congressman Steven Horsford (NV-04) released the following statement on updated guidance from the Treasury Department that will now allow employers that continue providing health insurance to furloughed workers to claim the employee retention tax credit (ERTC).
Washington, D.C. -- Today, Congressman Steven Horsford (NV-04) announced his support for the Paycheck Guarantee Act to end mass layoffs, keep workers in their jobs and connected to their health care and other benefits, prevent employers of all sizes from being forced to close permanently, and ensure that the economy is ready to restart when the COVID-19 pandemic ends.
Las Vegas, Nev. -- Today, Congressman Steven Horsford (NV-04) announced that Nevada would receive $2,463,966 for the Emergency Food and Shelter program coordinated through the Federal Emergency Management Agency (FEMA) to assist with the needs of Nevadans in the coronavirus pandemic.
Washington, D.C. —Today, Congressman Steven Horsford (NV-04) called on the Small Business Administration (SBA) to accept new Economic Injury Disaster Loan (EIDL) applicants and provide current applicants with an update on their loan status. The Congressman joined nearly 100 Members in sending the oversight letter to the SBA, including Chairwoman of the House Small Business Committee Nydia Velázquez and Chairman of the Financial Services Appropriations Subcommittee, charged with funding the SBA, Mike Quigley.
Washington, D.C. -- Today, Congressman Steven Horsford (NV-04) joined Education and Labor Chairman Bobby Scott to introduce the Relaunching America's Workforce Act, which authorizes $15 billion in funding to help workers sharpen their skills and quickly re-enter the workforce as the economy emerges from the deepest decline since the Great Depression due to the coronavirus pandemic.
Washington, D.C. — Today, Congressman Steven Horsford (NV-04) joined his colleagues in the House Ways and Means Committee for a conversation with Treasury Secretary Steve Mnuchin on the Coronavirus Aid, Response and Economic Security (CARES) Act, and the emergency supplemental funding that the Congressman voted to approve last week.
Washington, D.C. -- Today, Congressman Steven Horsford (NV-04) sent two letters to advocate for broadband internet access. Congressman Horsford sent a letter to Congressional leadership to request the inclusion of necessary funding to ensure that Americans have access to broadband internet in any coronavirus economic recovery legislation.
Washington, D.C.— Today, Congressman Steven Horsford (NV-04) joined his colleagues on the House Budget Committee for a bipartisan telephone briefing with Congressional Budget Office (CBO) Director Dr. Phillip Swagel to discuss current economic projections and how the coronavirus will impact our economy and budget.
Las Vegas, Nev. -- Today, Congressman Steven Horsford (NV-04) announced that Nevada's small businesses that earn revenue from gaming will now be eligible for loans from the Small Business Administration's Paycheck Protection Program.