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May 2020
House Speaker Nancy Pelosi (D-CA) plans to unveil a sweeping “CARES 2” coronavirus response bill by Friday, with legislative action in the US House of Representatives on the measure planned for next week. The Republican and Democratic leaders of the congressional tax committees, meanwhile, are jointly requesting that the Trump Administration rethink its implementation of a key business tax relief measure established by the original Coronavirus Aid, Relief, and Economic Security (CARES) Act.