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Waters Floor Statement on Urgent Need for Coronavirus Response Legislation
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, gave the following statement on the House floor on the urgent need to pass coronavirus response legislation.
Mister Speaker, the COVID-19 pandemic crisis continues to have a terrible impact throughout the nation. Cases are surging, and thousands are dying from the virus every day. There has been over 16 million United States cases, and over 300,000 people have lost their lives in the United. States. Over 20 million people across the country are collecting unemployment and struggling to make ends meet. In California, more than 1.3 million people have become unemployed over the past year. Hunger is growing across the nation. One in five renters is behind on paying their rent, meaning that millions are on the brink of eviction as months of back rent are coming due. The Federal Reserve estimates that renters in California will owe $1.7 billion in unpaid rent by the end of the year, representing almost a quarter of the total rental debt that will have accrued nationwide during the pandemic. Small businesses are struggling, and as many as one-third of small businesses– including more than 40 percent of Black-owned and Latinx-owned small businesses – say they will be forced to close their doors for good without immediate relief from Congress.