Small business owners can apply for loans from $349 billion Payroll Protection Program starting Friday

From CNN's Michael Nedelman

Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said he would"lean towards" recommending that the general public wear face masks"if we do not have the problem of taking away masks from the health care workers who need them.”Fauci told CNN’s Dr. Sanjay Gupta that face masks would be a"subject of conversation" at a White House briefing later that day.

"Particularly now that we're getting some inklings that there's transmission of infection from an asymptomatic person who is not coughing, who is not sneezing, who just appears well. Well, then how do you think that's happening?" Fauci said."It very well could be aerosol. Maybe not aerosol, you know, that goes on for hours. But even the slight aerosol in which you're talking to somebody.

Despite a lack of conclusive evidence that masks prevent transmission of respiratory diseases, some experts have argued that non-medical fabric masks might make a dent in transmission risk. Throughout the pandemic so far, the World Health Organization and US Centers for Disease Control and Prevention have advised against the general public's use of masks unless they are already sick.At yesterday's White House Task Force briefing, President Trump said,"We are not going to be wearing masks forever, but it could be for a short period of time after we get back into gear. I could see something like that happening for a period of time.

Marginal small businesses should not be taking on more debt going in to a period of uncertainty .... especially if they have to personally guarantee this debt!

I'm too nervous that releasing loans to small businesses now is too early without necessarily assessing the face direction of overall response to COVID-19 combat measures could be counterproductive risky in jumpstarting the economy, otherwise, a 2nd stimulus

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Who Is Eligible For Small Business Loans In The Economic Stimulus Package?The law provides clear guidelines on what small businesses are eligible, and what their loans will look like.
Source: ForbesWomen - 🏆 477. / 51 Read more »

Small-Business Loans Expected to Start Friday, Mnuchin SaysTreasury Secretary Steven Mnuchin said he expects details will be released later Monday on how small businesses disrupted by the coronavirus pandemic can tap a new loan program likely as soon as Friday. put people back to work in sections where virus is low quarantine peope who r sick wear gloves and masks to work Can't wait for the day Mnuchin joins the other trump cronies in jail. What he did to people in California during the 2008 recession is criminal!!!!
Source: WSJ - 🏆 98. / 63 Read more »

Small-business owners face tough decisions as they wait for government loans to arriveThe CARES Act signed into law last week will throw small businesses a much-needed lifeline in the form of billions of dollars in loans. But until the money starts flowing, small business owners face a number of tough decisions. $AMC will be booming cc: dlrahall No, it will toss welfare to the privileged--those who bend the knee to government to partake in what is a right of every Amerikan--free enterprise, entrepreneurship. This is nothing but welfare, the same as the pork barrel contained in the legislation. Immoral. Unjust. Socialism.
Source: CNBC - 🏆 12. / 72 Read more »