COVID-19 Update | Monday, March 23 (PM)
March 23, 2020 / Really Old Microsites
Congress Negotiations continue on the third COVID-19 package after a procedural vote failed to reach the 60-vote threshold in the early afternoon. Reports confirm that Treasury Secretary Mnuchin, Majority Leader McConnell, and Minority Leader Schumer continue to speak frequently in an effort to reach agreement. We are hearing that a deal could be coming within […]
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COVID-19 Update | Monday, March 23 (AM)
March 23, 2020 / Really Old Microsites
Congress Talks went late into the night last night with Secretary Mnuchin shuttling back and forth between the Democratic and Republican Leaders. The Republicans attempted to schedule a vote at 9:15 today that was objected to by the Democrats last evening. The Senate is expected to be back in session at noon today. Once they […]
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COVID-19 Update | Sunday, March 22 (PM-2)
March 22, 2020 / Really Old Microsites
Administration Senate vote on moving forward with third COVID-19 relief bill fails – negotiations continue. The President today approved Major Disaster Declarations for New York and Washington and indicated that he would approve one for California either later tonight or tomorrow. A major disaster declaration provides a wide range of Federal assistance programs for individuals […]
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COVID-19 Update | Sunday, March 22 (PM)
March 22, 2020 / Really Old Microsites
Administration Secretary Mnuchin is now referring to direct payments as “direct deposits”, stating that the average payment to a family of four would be $3,000 and that the package is aiming to help people for 10 to 12 weeks. Congress Negotiations are continuing and Speaker Pelosi has said there is no deal and the House […]
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COVID-19 Update | Sunday, March 22
March 22, 2020 / Really Old Microsites
On Sunday it was announced that the House of Commons will be returning on Tuesday of this week at 12pm for emergency legislation. 32 MPs will be present. Legislation will get passed and likely pass to the Senate on early Wednesday morning.
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COVID-19 Update | Friday, March 21 (PM)
March 21, 2020 / Really Old Microsites
Administration The Federal government is allowing borrowers to suspend federal student loan payments for at least 60 days. To be considered for the deferment of payments, borrowers who have federally held loans will have to make a request directly to their servicers, such as Navient, Nelnet, FedLoan Servicing or Great Lakes, over the phone or […]
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COVID-19 Update | Saturday, March 21 (PM)
March 21, 2020 / Really Old Microsites
Administration Larry Kudlow today indicated that the current stimulus package being negotiated could exceed 10 percent of GDP, or $2 trillion. The Federal Reserve will now start letting banks access cheap loans by pledging short-term, highly rated municipal debt as collateral. The Food and Drug Administration has approved the first test that can be conducted […]
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COVID-19 Update | Friday, March 20 (AM)
March 21, 2020 / Really Old Microsites
Individual Tax Provisions Individuals would receive checks of up to $1,200 and couples filing jointly would receive up to $2,400. This amount would increase by $500 for each child. The amount would be tied to salary with higher earners receiving less and the payments would phase out beginning at $75,000 in adjusted gross income and […]
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COVID-19 Update | Saturday, March 21
March 21, 2020 / Really Old Microsites
Last Friday, the Government announced their plan to mobilize industry to fight COVID-19. This plan includes measures to support businesses and manufacturers to rapidly scale up production to develop products made in Canada that will help curb the spread of COVID-19, including critical health and safety supplies, personal protective equipment, testing products and sanitization products. […]
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COVID-19 Update | Friday, March 20
March 20, 2020 / Really Old Microsites
Effective as of March 21, Canada & the US reach temporary border agreement to implement non-essential travel restrictions. There is also a reciprocal agreement in which irregular migrants will be returned, amid concerns around screening people at irregular border crossings for COVID-19.
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