The Recovery Report
    
      Washington, DC,
      September 21, 2020
    
    
    
    
   
  
      The Recovery Report is a weekly newsletter about America’s response to the coronavirus pandemic from Select Subcommittee on the Coronavirus Crisis (SSOCC) Republicans. 
Coronavirus Facts of the Week:
 
  
 
 
 
 
 
 
 
This Week's SSOCC Highlights:
On Wednesday, September 23, Federal Reserve Chairman Jerome Powell will testify before SSOCC on our nation’s fiscal outlook amid the pandemic.
The Federal Reserve leader is growing increasingly optimistic about a speedy economic recovery. Last month, the U.S. economy gained nearly 1.4 million jobs, making it the fourth month in a row of over 1 million jobs added. A record 10.6 million jobs have been gained since April, bringing back about 50% of the jobs lost from the lockdowns.
In June, the Fed originally projected unemployment to fall around 9% at the end of this year. Thanks to swift and effective action from President Trump and his administration, officials have now revised those projections to 7.6% in order to reflect a more robust economic come-back.
Undoubtedly, the unemployment rate could continue to decline if Democratic governors allowed people residing within their borders go back to work, as Treasury Secretary Mnuchin testified last month. Continued borrowing and spending are not permanent solutions. 
Coronavirus News of the Week: 
Trump Administration Actions
Trump Administration Releases COVID-19 Vaccine Distribution Strategy: The U.S. Department of Health and Human Services and Department of Defense released two documents outlining the Trump Administration’s detailed strategy to deliver safe and effective COVID-19 vaccine doses to the American people as quickly and reliably as possible. The documents provide a strategic distribution overview along with an interim playbook for state, tribal, territorial, and local public health programs and their partners on how to plan and operationalize a vaccination response to COVID-19 within their respective jurisdictions.
Coronavirus Headlines:
 The Opinion Pages: 
 The Response on Social Media:
House Republican Leader McCarthy blasts Democrats for spreading anti-vaccine conspiracy theories.
 
House Committee on Small Business Ranking Member Steve Chabot (R-Ohio) introduced a bill to give America’s 30 million small businesses the opportunity to apply for a second Paycheck Protection Program loan.
 
Representative Jaime Herrara Butler (R-Wash.) announces she filed a discharge petition to force a vote to extend the Paycheck Protection Program.
 
Representative French Hill (R-Ark.) calls on Speaker Pelosi and House Democrats to stop playing politics with COVID-19 relief.
 
The GOP Doctors Caucus launched a video on Operation Warp Speed, an all-hands-on-deck approach to develop a safe and effective COVID-19 vaccine.
 
Republican Whip and Select Subcommittee Ranking Member Steve Scalise blastsDemocrats for failing to hold China accountable for unleashing coronavirus to the world and attempt to cover it up.
 
     |