CARES Act

WASHINGTON — Sens. Tim Scott, R-S.C., and Maggie Hassan, D-N.H., on Thursday introduced legislation to reinstate the Employee Retention Tax Credit that expired for most businesses in September. Originally introduced by the CARES Act in 2020, the program provided employers... Read More

BALTIMORE — Baltimore’s top prosecutor is maintaining her innocence after being indicted last week on financial crime charges. A federal indictment accuses Marilyn Mosby of perjury and making false statements on loan applications. Prosecutors say Mosby took advantage of the... Read More

WASHINGTON — The Biden administration on Wednesday extended a freeze on student loan repayments to May 1. Borrowers’ payments were to resume in February. The so-called administrative forbearance was initially put in place as part of the CARES Act in... Read More

RICHMOND, Va. – This week, Virginia Gov. Ralph Northam allocated an additional $20 million in federal CARES Act funding to the Rebuild VA economic recovery fund to meet demand for the program and fulfill pending grant applications.  This new funding... Read More

WASHINGTON — Treasury Secretary Steven Mnuchin will put $455 billion in unspent Cares Act funding into an account that his presumed successor, former Federal Reserve Chair Janet Yellen, will need authorization from Congress to use. Mnuchin plans to place the money into the agency's General Fund,... Read More

RICHMOND, Va. — Gov. Ralph Northam announced Virginia will allocate $25 million from the federal Coronavirus Aid, Relief, and Economic Security Act to fund monthly retainer payments for day support programs that provide services for Virginians with developmental disabilities.  These... Read More

The attorneys general from 18 states are pushing back against the Small Business Administration for what they describe as an overly zealous crackdown on fraud in the coronavirus relief loans. They are bothered by the SBA's proposed appeal process for... Read More

WASHINGTON -- Members of Congress directed tough questions at the U.S. Treasury secretary Tuesday about fraud and abuse in the Trump administration’s coronavirus relief program. They said billions of dollars intended to protect jobs and family homes were being diverted... Read More

BOISE, Idaho - Federal coronavirus relief funds will pay for 102 projects aimed at extending broadband connectivity to 43,000 underserved households in Idaho, the state's governor and Department of Commerce announced Friday. Gov. Brad Little, a Republican, and Commerce officials,... Read More

WASHINGTON - Just a few months ago, Braudilia Mendez had four employees to help care for the toddlers at Curious Mind, a bilingual child care center in Washington, D.C.’s Petworth neighborhood. But when the pandemic struck, Mendez was forced to... Read More

Five states and the District of Columbia filed a lawsuit this week that accuses the U.S. Education Department of shorting schools in low-income areas on their fair share of coronavirus relief funds. Instead, too much of the money is going... Read More