Page 39 - Payment Protection Program News Today

The crisis evaporated its customer base, and Cracker Barrel opted to shore up its own liquidity in March instead of helping Punch Bowl stay afloat. CEO Robert Thompson, who founded Punch Bowl in 2012, exited the company in the midst of the pandemic. Its primary lender CrowdOut Capital became a partial owner and hired a new chief executive: John Haywood, who has earned a reputation as a turnaround specialist. Punch Bowl has liabilities of between $10 million to $50 million, according to bankrup...

Biden faces new critical deadlines after relief package Niv Elis © Getty Images Biden faces new critical deadlines after relief package The $900 billion COVID-19 relief package Congress approved Monday set up a series of tough deadlines for the incoming Biden administration. Expanded unemployment benefits are slated to phase out starting in mid-March. Other benefits intended to help businesses and keep people in their homes will expire as soon as Jan. 31. While the latest COV...

Today on Sekulow, we discussed how a bipartisan agreement on a stimulus package relating to COVID-19 was reached by the House and Senate late last night. Initially it did not look like Congress was  going to be able to come to an agreement. And I’m sure this stimulus won’t make everyone happy. But I do think there was a consensus, amongst conservatives as well that don’t like government stimulus plans and bailouts, that they thought our country needed another stimulus. They felt we need...

Joe Biden Greets Passage of 6,000-page Relief Bill with Call for More Spending 22 Dec 2020 President-elect Joe Biden greeted the passage Monday night of a massive, 6,000-page coronavirus relief and spending bill with calls for more spending on the pandemic in the new year. The House and the Senate both passed the bill by overwhelming, veto-proof majorities after having just a few hours to read the voluminous text of the legislation. The bill provided $900 in coronavirus relief funding, includin...

Federal lawsuit aims to overturn outdoor dining ban while local family-owned restaurants struggle to survive Lawsuit aims to overturn outdoor dining ban while local restaurants struggle to survive At least one local restaurant owner and an attorney are tired of asking for help. They are now exploring a legal solution. SHERMAN OAKS, Calif. - A lawsuit has been filed in federal court aimed at overturning the state’s recent ban on outdoor dining. The lawsuit stems from a now-viral video posted o...

NACo Legislative Analysis: Year End COVID-19 Relief and Omnibus Spending Package After months of stalled negotiations over the next round of federal coronavirus aid, on December 21, Congress passed a massive $2.3 trillion legislative package containing both appropriations for Fiscal Year (FY) 2021 and additional COVID-19 relief. A big package like this had eluded Congress since they passed the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act (P.L. 116-136) in March with ne...

WhatsApp THE DEBATE over America’s second big round of fiscal stimulus to ameliorate the economic fallout from covid-19 began seven months ago. In May Democrats passed a bill containing their opening bid through the House of Representatives—a gargantuan $3.4trn package. Negotiations with the Republican-controlled Senate and the Trump administration have been stuck since then. They remained stuck as a second wave of infections crested in the summer, as support for unemployment benefits in th...

December 21, 2020 Washington, DC (IARN) — The voting should happen later tonight (Monday, December 21st) on the new economic stimulus bill. The 5,593 page-bill contains both the stimulus package and the omnibus funding bill. The omnibus bill doles out $1.4 trillion in funding and the coronavirus relief package is to be 900 billion dollars’ worth of relief. On Monday, Senate Majority Leader Mitch McConnell said, “Yesterday, leaders in the Senate, House, and the Secretary of Treasury reache...

Share this: Marica Kumayama Petrey at her home in Oakland on Dec. 19, 2020. Petrey, a film producer and musician, has had much of her work stop this year due to the coronavirus pandemic. (Photo by Anne Wernikoff for CalMatters) Marica Kumayama Petrey had put eight months of pre-production work into the live debut for her first album with a new pop/rock band, Girl Swallows Nightingale, planned for March. She was also scheduled to wrap up filming her first feature film, “Kaneko’s Owl,” this...

Photo illustration of Senate Majority Leader Mitch McConnell and Speaker of the House Nancy Pelosi (Getty, iStock) As part of Congress’ $900 billion pandemic aid package approved Monday, $15 billion was dedicated for “live venues, independent movie theaters, and cultural institutions.” The $325 billion in funding carved out for all small businesses represents the largest component of the package, more than the funds allocated to direct payment checks and unemployment benefits combined. ...