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“#Scott Stringer wants more COVID funding to go to NYC businesses” With the US Treasury kicking off a new round of $284 billion in COVID-19 funding for small businesses on Wednesday, City Comptroller Scott Stringer announced a plan to help NYC get a bigger piece of the pie. The NYC mayoral candidate called on City…
“#Feds seize $8.4M from Florida ‘ministry’ in PPP fraud case” The feds recently seized $8.4 million in coronavirus relief funds from a family-run “ministry” in Florida that appeared to be bogus, court records show. The Secret Service found the money in bank accounts linked to ASLAN International Ministry, an Orlando-based nonprofit that secured a hefty…
“#Congress stuck, McConnell resists state aid in COVID-19 deal” WASHINGTON (AP) — An emerging $900 billion COVID-19 aid package from a bipartisan group of lawmakers has all but collapsed after Senate Majority Leader Mitch McConnell said Republican senators won’t support $160 billion in state and local funds as part of a potential trade-off in the…
“#PPP wasn’t perfect, but it was a huge saver of American jobs” The Paycheck Protection Program was expensive, complicated, unfair and graft-prone. But it worked. The perception of a boondoggle is hardening. But before we slam Congress and President Trump for trying something new, let’s consider the big picture. In late March, as Congress prepared…