A federal grand jury returned a four-count indictment this afternoon against Jeremie Saintvil of Delray Beach, Florida, for fraudulently getting or attempting to get over $1,500,000 in Paycheck Protection Program (PPP) loans. Saintvil is charged with bank fraud, making false… Read More ›
Yesterday, September 21, 2020, the Florida Department of Economic Opportunity (DEO) issued reemployment assistance updates on the Reemployment Assistance (RA) Claims Dashboard. As of September 20, DEO has paid 1,990,170 claimants nearly $16.5 billion ($16,491,486,942). Nearly 3.8 million (3,783,220) unique claims have been… Read More ›
Trump now willing to drop ‘liability shield’ to move negotiations forward on COVID-19 bailout bill being negotiated in Congress
Today, July 31, 2020, most aspects of the CARES Act will expire which include that $600 taxpayer funded income millions of Americans are having dropped into their banks accounts each week. As these benefits expire, the White House is showing that it is more concerned with keeping the money flowing into the hands of Americans than liability protections for businesses. Trump still wants liability protections for business; however, suddenly this morning seems unwilling for that to be a stumbling block for getting another round of spending in place before Congress goes into a month-long recess on August 7, 2020.
While most were not confident that over next year, the U.S. economy, 58% were confident or optimistic about their future personal finances. 65% of respondents felt confident or optimistic about their personal job security, but strangely, 65% also were worried or uncertain about the U.S. unemployment rate over the next year.
Jude DeArcy wrote in her judgment, “Defendants have no cognizable interest in failing to pay benefits to (For Hire Vehicles) claimants when due.
We are in for a week or so of back and forth in and outside of Congress and U.S. Senate Republican introduce their CARES ACT Part Deux. Since we are in an election year, expect some grandstanding, hyperbolic soundbites, and vitriol.
During the COVID-19 pandemic, countless people globally have lost their jobs, their freelancing work, or have in some other way been financially impacted. In America, we expect many of these people to lose the income they have been getting dropped… Read More ›