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President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
The Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 is an act of Congress enacted on March 6, 2020. The legislation provided emergency supplemental appropriations of $8.3 billion in fiscal year 2020 to combat the spread of coronavirus disease 2019 (COVID-19) and counter the COVID-19 pandemic, particularly the COVID-19 pandemic in the United States.
The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
The deadline to apply for an SBA economic injury disaster loan, referred to as EIDL, which provides up to $2 million to qualifying businesses and private nonprofits, also is approaching on May 10.
The U.S. awarded $5.4 billion in Covid loans to businesses with “questionable” Social Security numbers, says the Pandemic Response Accountability Committee (PRAC).
In the 520-page report, the House Select Subcommittee on the Coronavirus Pandemic concludes that the coronavirus “most likely emerged from a laboratory in Wuhan, China,” citing factors like biological characteristics of the virus and illnesses among researchers at the Wuhan Institute of Virology in fall 2019. [12] [non-primary source needed]
More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog investigating federally funded programs that helped small ...