Treasury Secretary Steven MnuchinSteven Terner MnuchinCoronavirus guidelines sent to every American cost USPS M The Hill's Coronavirus Report: Unemployment claims now at 41 million with 2.1 million more added to rolls; Topeka mayor says cities don't have enough tests for minorities and homeless communities House Democrats press Treasury on debit cards used for coronavirus relief payments MORE said in a statement that the credit "incentivizes American businesses to invest in carbon capture technology and promotes safe and environmentally conscious storage for carbon oxides that would otherwise be emitted to the atmosphere.” … [Read more...] about IRS proposes guidance for expanded carbon capture tax credit
New business credit cards
For Beth Wilson of New York, it was a bistro table and chairs to match the ones at a Paris cafe where she and her husband “ate every morning for breakfast on our honeymoon.” The chairs, she said, look great, “but the table came broken.” … [Read more...] about Retail therapy for the pandemic: What have we bought and why?
The CARES Act, which was enacted on March 29, was designed to provide emergency financial assistance to Americans who are suffering the economic effects caused by the COVID-19 pandemic. PPP loan proceeds must be used by businesses on payroll costs, interest on mortgages, rent and utilities. … [Read more...] about Beverly Hills Producer Arrested For $1.7M Coronavirus Fraud: Feds
“The Senate is going to stand together, act together, and pass this historic relief package today,” McConnell said. “The Senate will act to help the people of this country weather this storm. This is not even a stimulus package. It is emergency relief.” … [Read more...] about Coronavirus stimulus: Pelosi predicts House will pass Senate bill with bipartisan support
If this is America’s “Suez moment,” the truth is that the rest of the world is already moving on and won’t easily trust U.S. leadership or prerogatives again. We saw some of that when the U.S. tried to guide economies after the 2008-09 financial crisis. That was a foreshock of the downfall of American leadership we are seeing today — and there will be no quick fix, sadly. This virus has generated significant geopolitical tensions and mistrust, not attacking only our bodies, but our willingness to solve great global problems. And it’s going to be that way for a long time. We have to prepare and get better at the choices we collectively make as we make the slide down in our relative weight in the world. … [Read more...] about The Hill’s Coronavirus Report: Unemployment claims now at 41 million with 2.1 million more added to rolls; Topeka mayor says cities don’t have enough tests for minorities and homeless communities