Here's Saturday's update: More information on Governor Cooper's decision to close school buildings for the remainder of the 2019-2020 academic year: remote learning will continue through the end of the school year, and the state Department of Public Instruction is launching an effort to equip school buses with Wi-Fi. The buses will travel to areas with insufficient… Read more »
Here's the latest: President Trump signed the Paycheck Protection Program finding package into law this afternoon, and dollars will soon resume flowing to our small businesses and front line health care workers. Here are some statistics on where the first tranche of PPP money is going: PPP has provided forgivable loans to 1.6 million small businesses,… Read more »
Here's the latest today: The House passed this afternoon a $484 billion funding package for the Paycheck Protection Program that includes billions of dollars for our frontline healthcare workers and to expand COVID-19 testing. I outlined what was in the package in yesterday's update. First, we voted on a Select Subcommittee on the Coronavirus Crisis. There… Read more »
Here's Wednesday's update: Here's what's in the latest Senate-passed coronavirus relief package that the House will be likely voting to pass tomorrow: $310 billion for the Paycheck Protection Program, which will allow the SBA to continue providing forgivable loans to cover the cost of payroll and operating expenses for small businesses. This means dollars will resume… Read more »
Here's Tuesday's COVID-19 update: Congress has reached a deal on a $484 billion funding package that includes $310 billion in additional funding for the Paycheck Protection Program. The package also includes an additional $60 billion for the SBA’s economic injury disaster loans and grants, another key source of assistance for small businesses, as well as… Read more »
Here's Monday's COVID-19 update: The Paycheck Protection Plan has been a historic success, distributing almost $350 billion in loans to more than 1.6 million small businesses in just 14 days. Just in North Carolina, small businesses have received nearly 40,000 loans for more than $8 billion. Congress is still working on an agreement for additional… Read more »
Here's Sunday's COVID-19 update. As we begin a new week, here's a snapshot of the COVID-19 outbreak in the nine full and partial counties that make up the 7th District. This data is current as of 11 a.m. Sunday morning: New Hanover County: 62 cases, 1 death Brunswick County: 36 cases, 2 deaths Bladen County: 2 cases, 0 deaths … Read more »
Had a little glitch somewhere with the email system yesterday. Some newsletters did not hit until today — including mine! Apologies for it being a day late. Here’s Saturday's COVID-19 update (in case it doesn’t hit until Sunday!): Here are some details about the U.S. Department of Agriculture's announcement yesterday of the Coronavirus Food… Read more »
Here's today's update on the COVID-19 outbreak: More information on the Economic Impact Payments authorized by Congress as part of the CARES Act: As I mentioned earlier in the week, the IRS has launched "Get My Payment", a web app that allows many taxpayers to determine their eligibility for and the status of their stimulus payments. An important note, as we've… Read more »
Here's today's update: Here is some really fascinating new demographic data and another example of how COVID-19 is proving to defy a lot of the initial thinking: CDC has released demographic characteristics and other data regarding COVID-19 cases in the United States. Of the 398,852 cases included, 7,001 were in individuals under 18, 145,499 were in individuals… Read more »