As President Donald Trump signed a bill Friday aimed at putting more money into the hands of small business owners, Democrats in the House were proposing measures that would give Americans a break from rent and mortgage payments, plus money in their wallets.
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Both Republicans and Democrats have offered proposals for what could be considered for a fourth federal spending package with the GOP looking for infrastructure money and Democrats calling for money for cash-strapped employer-sponsored pension programs.
While you're here, how about this:
Small business owners who used small banks say PPP money is hitting their accounts
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ORLANDO, Fla. – Central Florida small business owners who chose small banks say they are seeing the prized Paycheck Protection Program money hitting their bank accounts this week.
"The account was funded as of yesterday," said Henry Sal, owner of CSI Software in Apopka. "I feel extremely lucky, this is incredible."
Sal was approved for six figures in federal funding, which will cover the payroll for his 35 employees. He said he tried to apply with a big bank that he'd been with for more than 20 years but had no luck, eventually finding and applying through Cogent Bank in Downtown Orlando through a friend.
Jacksonville council member wants to see more local stimulus money distributed to people
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JACKSONVILLE, Fla. – Jacksonville is still working out details about how the $1,000 local stimulus package will be distributed to households that qualify.
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Overall, the city received over $160 million from the federal government Cares Act on Wednesday. The plan right now is to take 25% of that and give $1,000 to 40,000 Jacksonville households that have lost income because of the novel coronavirus pandemic.
"I think it's a great start, but I think it's not enough," Dennis said Friday. "I think we should double that. I think half of that money should go to our citizens."
California restaurants to get public money for healthy meals | Fox Business
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SACRAMENTO, Calif. — California restaurants will get taxpayer money to feed millions of seniors during the coronavirus pandemic, but only if they can offer meals with fresh fruit, vegetables and no sugary drinks.
Gov. Gavin Newsom said Friday the requirements reflect California’s values, though lawmakers have repeatedly failed to impose special taxes and require warning labels for sugary drinks in the past.
Check out this next:
In Washington state, stimulus money brings relief, splurges and generosity | The Seattle Times
Rent and groceries. Car repairs and medical bills. Charitable contributions, home office equipment, and takeout meals from struggling restaurants.
For some of the more fortunate recipients, the “economic impact payments,” as they’re officially known, have been an opportunity to splurge, pad a savings account or even pay it forward, according to hundreds of responses to a recent survey by The Seattle Times asking readers how they intended to use their payments.
New stimulus package sending more money to Georgia businesses
A new stimulus package just signed into law by President Trump will give a boost to small businesses across the country.
"It has definitely been a tough challenge because not only the fact that their business activity has diminished or completely stopped in most cases but this happened in a relatively short period of time," said Terri Denison, Georgia Director of the Small Business Administration.
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The PPP ran out of money after the first stimulus package, but this latest stimulus delivers new funds to the program.
Businesses Are Struggling To Use Paycheck Protection Program Money : NPR
Congress just passed an additional $321 billion worth of spending for the Paycheck Protection Program. But even when some small businesses receive the aid money, they're not sure how to use it.
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Saving jobs is at the heart of Congress' coronavirus small-business rescue program. But as NPR's Danielle Kurtzleben reports, even when some businesses receive the money, they're not sure how to use it.
DANIELLE KURTZLEBEN, BYLINE: The Paycheck Protection Program sounds simple - give small businesses money to keep people on payroll. But Adam Markowitz says it hasn't been simple at all.
Are you missing money? Don't forget to ask for refunds
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 17 of 30.
Pre-Covid-19, millions made plans for the spring and coming summer months, from concerts in the park to trips abroad to kids' summer camp. Now, most major events in the coming months have been canceled, camps have closed and families are being told to stay home for the foreseeable future.
Happening on Twitter
Forget the stimulus, if major parts of the economy don't open by May. 4, we will get more salary cuts, retrenchment… https://t.co/NOK5IHYtSa BMTheEquityDesk (from Mumbai, India) Fri Apr 24 12:11:52 +0000 2020
May lurker pla ako dito sa Twitter. Hehe. But seriously, where's d detailed plan up to May 15 & post-ECQ (mass test… https://t.co/1aC5ylOaHZ TrillanesSonny Fri Apr 24 04:39:41 +0000 2020
https://t.co/SMzMP1psfk @TimRyan is leading in the right direction @aoc too 👍 AndrewYang (from USA) Sat Apr 25 12:31:25 +0000 2020
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