Inside Texas Politics: TWC Could Replenish Unemployment Money With Federal Loan Or COVID-19 Funds
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Comptroller Glenn Hegar said Texas could replenish the fund by securing a federal loan or using some of the COVID-19 money coming into the state.
The Texas Workforce Commission (TWC) paid out $ 1.7 billion in unemployment benefits, part of which was federal money. The TWC still has $ 900 million in its bank account. What happens if the state runs out of this money?
Comptroller Glenn Hegar said Texas could replenish the fund by securing a loan from the federal government or using some of the COVID-19 money coming into the state.
Hegar is a lawyer who served as the Comptroller of the Public Accounts of Texas since January 2, 2015. He was a Republican member of the Texas Senate representing the 18th District, west of Houston, from 2006 to 2015. Prior to that, he served the district. 28.
Hegar graduated in 1993 from Texas A&M University and St. Mary’s University, where he obtained a Master of Arts and a Law degree. At the University of Arkansas, he earned his master’s degree in law.
Go to controller.texas.gov.
RELATED: The State Unemployment Trust Fund Is About To Run Out Of Money, But You Will Get Paid
State headlines
Ross Ramsey of the Texas Tribune joins Jason Whitely.
They talk about complaints against Harris County’s mandatory order requiring people to wear face masks in public. This is a similar order to that issued by Dallas County and other counties. However, in Houston, residents could face a fine of $ 1,000 for not wearing a mask.
They also discuss the latest University of Texas / Texas Tribune poll. According to the poll, Texans are concerned about the coronavirus and believe it is presenting a crisis. However, they also believe that the disease could be contained enough to return daily life to normal within a few months.
Houston Mayor Sylvester Turner
Houston Mayor Sylvester Turner has said Houston is at risk of losing $ 100 million in sales tax due to its efforts to fight the coronavirus. And according to doctors, Houston could be at its peak of new cases around now – things are starting to smooth out.
The city is now considering how and when to reopen businesses. Houston’s economy is the 15th largest in the world. Its gross domestic product is $ 490 billion per year.
Kay granger
Representative Kay Granger, who represents Fort Worth and Weatherford, is the oldest Republican woman in the United States House.
On Thursday, Congress approved a more than $ 400 billion coronavirus relief bill to invest more in the Paycheck Protection Program (PPP), which spent $ 349 billion in about two weeks.
RELATED: President Trump Signs $ 484 Billion Measure to Help Employers and Hospitals
PPP provides forgivable loans to cover payroll and other fixed costs for small businesses.
Will there be enough money for small businesses that have apps? Rep. Granger says she doesn’t think so, and that another trick could come for small businesses to keep them alive.
Granger joins Jason from Washington, DC
Journalists’ round table
Jason, Ross, Bud Kennedy, with the Fort-Worth Star-Telegram, and WFAA political producer Berna Dean Steptoe discuss some of the week’s biggest stories.
1. Cities, counties and heads of state disagree on when and how to reopen state enterprises. It’s time to make decisions about stay-at-home orders – are doctors still calling?
2. The coronavirus will cost Texas’ largest cities in lost tax revenue. Is there a way for them to avoid budget cuts?
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