Browsing: National News

     And even when more and more reports of deaths from the virus came piling up, I still did not take it seriously enough. Then one day, mom said she was not feeling good, and that was the start of it all. In my head, I thought that’s just mom being mom. She sometimes doesn’t feel well. Then when dad got sick, mom stayed in her room, and dad stayed in the basement. I, of course, thought this was unnecessary.

The collapse in advertising revenue during the pandemic ex-acerbated the already perilous financial position of news outlets, who have been decimated by Google and Facebook’s monopolistic actions. The Tampa Bay Times was even forced to cut back to two days a week of printed copies. The forgivable loans will allow these newsrooms to obtain some sense of normalcy but will not nearly restore the damage done during this crisis.

     Thanks to the efforts of the Congressional Black Caucus (CBC), Democrats have secured $60 billion in new Small Business Administration PPP funding dedicated to small lenders and community-based financial institutions. They’ve also secured $50 billion for the SBA’s Economic Injury Disaster Loan (EIDL) program, which will allow approximately $300 billion in loans to small businesses.