The key to double dipping is getting money from the federal government in more than one loan, when the basis for each loan is for the same purpose. Why is this a problem, when a small business owner is fighting to stay open during quarantines?
Impact of COVID-19 Pandemic: Government Relief Package and the Likely Mis-Allocation of Loans in Pakistandoi:10.2139/ssrn.3572718COVID-19 PandemicPakistan BanksFinancial RegulationPerverse IncentivesDeposit Protection SchemeCapital Adequacy RatioThis study argues the likely misallocation of capital in ...
From emergency loan help to debt relief grants and more, small businesses can get the assistance they need to weather the COVID-19 storm. Check with the SBA and your state to find out what programs you qualify for, and submit your application as soon as possible to get the help you need...
The COVID-19 pandemic threatens to derail progress achieved in sustainable development. This study investigates the effectiveness of government policy responses to the COVID-19 pandemic, namely the number of deaths. Using the Oxford COVID-19 Government Response Tracker (OxCGRT) dataset for a global...
The biggest government bailout in history was the response to the COVID-19 pandemic. According to official U.S. government tallies as of July 31, 2024, the U.S. had spent a total of $4.65 trillion on a variety of programs related to COVID-19 relief.38 What Was the First Big Govern...
So banks lose and customers lose while bureaucrats pocket $10 billion for the government. And bureaucrats have also figured out how to extract lots of money by claiming that banks are being too aggressive. Here are some more excerpts from theNYTarticle. ...
A source close to House GOP leadership told Fox News Digital that a large majority of Republicans would be unlikely to back the short-term spending bill if it includes money for coronavirus relief. "There’s still plenty of money still swirling around from previous COVID bills,"...
, but a puzzlement to others who saw no need for a tax increase in a year the city is flush with federal grant money. …the 2022 budget…includes generous spending on a long list of programs, mostly funded by the federal grants as well as other sources of local revenue. …The authors...
Local loan and grant programs States and cities continue to implement their own COVID-19 relief programs, as well as roll out new ones. The city of Chicago, for example, recently announced the launch of the Chicago Creative Worker Assistance Program, which has allotted $2.3 million in...
* Some government agencies include federal spending for the Covid-19 Paycheck Protection Program and other pandemic programs as “general economic and labor affairs,”[148] but Just Facts includes these as social spending in accord with definitions of the term by government agencies and academic pub...