Massachusetts governor announces stimulus package as virus cases rise
Boston — Gov. Charlie Baker announced a $774 million plan Thursday that he said will help stabilize the economy as Massachusetts grapples with the ongoing coronavirus pandemic.
The plan includes $115 million for businesses that have been hit particularly hard by virus restrictions, especially in the early days of the pandemic.
The plan also includes money to help stabilize housing, including preserving affordable housing; expand workforce training programs; expand broadband access, particularly in the western part of the state; and generate economic development.
About $ 175 million of the package needs legislative approval, Baker said.
The goal is to stabilize economic growth that has already started in parts of the state and help kickstart it in other areas that are still struggling to recover, the Republican said.
Baker also expressed frustration with the failure of Congress to pass another economic stimulus package, saying they have access to vastly greater sums of money.
“The feds play on a very different level than we do,” he said.
Baker said his proposal is “no substitute for a federal aid package,” but said that doesn't seem to be in the offing, given the ongoing wrangling among the U. S. Senate, House and White House over a new aid package.
The state's unemployment rate has eased from a highest- in- the- nation of 17.7% in
June, but remains far higher at 9.6% in September than it was before the pandemic hit.
Christopher Carlozzi, Massachusetts director of the National Federation of Independent Business, said small business grants included in Baker's package are welcome news.
“The last seven months have been painful for small business owners in hard- hit industries who have hung on by a thread after running through loan proceeds and spending their savings,” Carlozzi said.
Baker said the state has seen shoppers returning to many downtowns. He said the new state funding is aimed at helping businesses “keep the wheels on the bus” as the business climate continues to improve.