Loans – With Ariane http://withariane.com/ Thu, 21 Oct 2021 02:28:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://withariane.com/wp-content/uploads/2021/05/default1.png Loans – With Ariane http://withariane.com/ 32 32 Consolidate Your Payday Loan FAQs https://withariane.com/consolidate-your-payday-loan-faqs/ https://withariane.com/consolidate-your-payday-loan-faqs/#respond Wed, 13 Oct 2021 14:37:58 +0000 https://withariane.com/?p=2434 We all have a love-hate relationship with our finances. Sometimes, we do not know what to do with them and it can be overwhelming. It is good to take a step back every once and analyze everything from one’s income to spending habits.  This way, you will figure out the best financial decisions that are […]]]>

We all have a love-hate relationship with our finances. Sometimes, we do not know what to do with them and it can be overwhelming. It is good to take a step back every once and analyze everything from one’s income to spending habits. 

This way, you will figure out the best financial decisions that are right for you. One of those decisions may include consolidating your payday loans into one monthly payment! In this blog post, I discuss the different benefits of loan consolidation and how it might affect your credit score!

What is Payday Loan Consolidation?

Sometimes, it feels as if the money from our paychecks never stretches far enough. It can be challenging to manage multiple bills at once and pay them on time each month. 

On top of this, you might have a payday loan or two hanging over your head for emergencies! When we find ourselves in these situations, it becomes harder to catch up financially and keep moving forward. 

That’s why finding a way out may become priority number one! One great option is through consolidating payday loans into one monthly payment. Although many people believe that doing so will affect their credit score negatively, there are benefits associated with such an action!

To help those who feel as if they are stuck in a rut, this blog post will explain how loan consolidation payday can be beneficial and help improve your credit score!

How does it work?

There are a few different ways through which people can consolidate their payday loans into one monthly payment. One method is by using a personal loan. Essentially, you would be taking out an additional loan to pay off all of your other bills and debts, as well as the interest rates associated with them! 

Although this may seem like it will take forever to repay, there are some great benefits with such action! For example, many personal lenders reduce the number of months for repayment from five years down to three or four so long as you agree upon receiving both fixed and variable interest rates. 

This way, if market conditions change (such as due to inflation), then your payments remain relatively stable throughout the repayment process; however, they can also be adjusted if interest rates rise.

Another method to consolidate your payday loans is by using a home equity loan or line of credit. This option may benefit those who own their homes outright and prefer to use the equity they have built up within them to get out of debt! 

When doing so, borrowers can take advantage of tax-deductible monthly payments and reduced interest rates (since there is no risk involved on behalf of the lender)! Once again, this strategy will not only help borrowers reduce the number or months for repayment, but it may even improve one’s credit score due to timely payments over time.

When trying to figure out whether you should go with an unsecured personal loan vs. using your home equity, you should consider the benefits associated with each one. If you are interested in consolidating payday loans, both of these options may work well for you!

Common FAQs about Payday Loan Consolidation

Can I consolidate my payday loans if they are all with the same company?

No matter where your original payday loan was issued, you can always choose to consolidate them together into one monthly payment. This will not only reduce the number of expenses, but it may also help improve one’s credit score! 

The best thing that anyone can do is to start comparing lenders to find out whether or not there are any benefits for consolidating their payday loans. If you have questions about this process, feel free to contact us today! We would be more than happy to assist and give advice on how exactly to go about doing so!

What other debts could I put onto a personal loan?

Aside from consolidation through a home equity loan or line of credit, you may also be able to include other debts into your monthly payment. This could help someone get out of debt more quickly because they are dealing with one consolidated bill, which is made up of all the different loans and lines of credit that they have!

How long does it take to complete a payday loan consolidation?

It will depend on who you choose and what kind of plan you decide upon when consolidating payday loans. However, most lenders can usually provide customers with an answer within twenty-four hours! 

The best thing for anyone trying to consolidate their payday loans would be to contact us today to let our team review your options to determine precisely how much time such actions will require before completion! Can I consolidate a payday loan through my bank?

It is possible to consolidate a cash advance with your local credit union or bank. However, this method will only work if you have already been turned down by other lenders and would prefer to speak with someone in person. 

It can be difficult for banks and credit unions to understand the specific terms of each loan, so they may not always agree upon providing their customers with an unsecured personal loan that meets all of these conditions. 

Moreover, they might decide against issuing such funds due to lack of collateral – which means that there are no assets available as security on behalf of the borrower! That being said, it never hurts to ask about consolidating payday loans via one’s financial institution; however, we recommend comparing your options with other lenders to find out what would work best for you!

How do I get a loan from my bank if they will not approve me?

If any questions come up when applying for a personal loan, customers should always speak with their financial institution about them before going elsewhere. This way, one can be sure whether they qualify and receive the most accurate details on how much money they might expect during this process. 

However, if all else fails, you may want to consider finding another lender to consolidate payday loans! We recommend doing so over approaching local banks because these institutions often have less flexible terms (which could make getting approved difficult) as well as stricter qualifications (this means that they would be less likely to provide you with the funds that you need).

Can I consolidate my payday loans if they are not all in my name?

Unfortunately, it is generally impossible to include someone else’s debt on your loan. However, it is possible for a friend or loved one who needs help paying off their cash advance to sign on as an additional borrower. 

If you choose this route, make sure that there will be enough payment left over after covering what was originally owed before sending any of these funds elsewhere! It never hurts to ask questions about how this process works, so don’t hesitate to contact us today! 

We’ll walk through every step together and answer whatever comes up during this time – making things much easier than you might think!

What is the difference between a traditional loan and a payday loan?

When comparing personal loans with cash advances, the most significant distinction would be that these funds are provided to consumers much more quickly! Traditional financing can take anywhere from ten days up until three weeks before any money lands in your bank account. 

This makes it difficult for anyone who needs access to capital right away because even waiting one week or so can be problematic. On the other hand, we provide customers with their unsecured loans within twenty-four hours – thus removing this delay altogether and making things easier than ever! 

Our team will also walk through every step of the process together, so you don’t have to worry about applying on your own or wondering what else may come up during this time – we’re here to help!

Is there any way to consolidate my payday loans if I currently have a bad credit score?

Unfortunately, consolidation of payday loans doesn’t require anyone with poor credit scores ( or even fair ones ) at the moment. However, you might be able to get your current funds reduced to make them more manageable. 

A lack of income and/or financial assets could also play into this; however, one must remember that they will need some sort of collateral before taking on such measures. If these do not apply, then maybe another lender like ours would better suit your needs! 

We work with people who don’t quite fit the bill, so reach out today – let us explain how we can help you get rid of your juggling payday loan payments!

What is a good credit score?

A large part of what makes up an individual’s FICO score is their payment history on all current & past due bills. For example, those who have consistently paid off every single one of these transactions as they came due will generally be considered to have better scores than those whose record shows the opposite. 

In addition, other factors such as how much available debt someone has and whether or not creditors are receiving any type of consistent income from them also play into this equation – making it more critical than ever for borrowers to make sure that everything with regards to this situation is being handled properly! 

Our team specializes in helping customers find personal loans for people with poor credit, so reach out today – let us explain how we can help you get rid of your juggling payday loan payments!

Can I consolidate my payday loans if they are not all in the same place?

Unfortunately, this is generally impossible to do with cash advances. However, it is possible for a friend or loved one who needs help paying off their advance to sign on as an additional borrower. 

If you choose this route, make sure that there will be enough payment left over after covering what was originally owed before sending any of these funds elsewhere! It never hurts to ask questions about how this process works, so don’t hesitate to contact us today! 

We’ll walk through every step together and answer whatever comes up during this time – making things much easier than you might think!

Do I have to wait until my payday loan is due before applying for the consolidation program?

No, this isn’t even necessary. You can begin consolidating your cash advance immediately upon signing up with us. This means that there’s no time like the present – reach out today and let our team explain how we can help get rid of your juggling payday loan payments! 

We work directly with all major lenders, so it doesn’t matter where your funds are held right now or what state they were borrowed under. Let us also show you how easy it is to make small changes that will ultimately impact every aspect of their repayment, including interest rates, monthly payment amounts & overall length of service. 

Don’t wait another day – get started today and let us help you get rid of your juggling payday loan payments!

How do I know if the consolidation lender is reputable?

As with any aspect of this situation, it’s always essential to work only with a company that has been vetted fully. This means making sure that their licensing & relevant state registrations are up to date; we make this information available for all clients on our site. 

We also offer full transparency throughout this process, including background checks, identity verification, and more! Reach out today and see how we can ensure the highest level of customer service while streamlining each part of what might otherwise be an overwhelming task ( like getting rid of those dreaded payday loans ). 

Our entire team works hard to remove the stress from even the most challenging parts of this equation while saving you money in every aspect!

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Did Emergency PPP Loans Work? Nearly $800 Billion Later, We Still Don’t Know https://withariane.com/did-emergency-ppp-loans-work-nearly-800-billion-later-we-still-dont-know/ https://withariane.com/did-emergency-ppp-loans-work-nearly-800-billion-later-we-still-dont-know/#respond Fri, 14 May 2021 10:41:08 +0000 https://withariane.com/?p=624 When the pandemic hit last year, Andrew Leckie, who runs half a dozen restaurants and a catering company in Edmonds, Wash., was forced to lay off more than 200 employees. Demand for his oysters and craft cocktails had dried up and his businesses were in trouble until a program intended to provide emergency loans for […]]]>

When the pandemic hit last year, Andrew Leckie, who runs half a dozen restaurants and a catering company in Edmonds, Wash., was forced to lay off more than 200 employees.

Demand for his oysters and craft cocktails had dried up and his businesses were in trouble until a program intended to provide emergency loans for people with bad credit.

“I don’t think there’s any way we would have been able to withstand the financial challenges that existed without this money,” Leckie says.

Taking advantage of the loans provided by the federal government’s Paycheck Protection Program (PPP), he was gradually able to rehire about three-quarters of his workforce.

The Paycheck Protection Program, first passed early in the pandemic as part of the CARES Act, was meant to provide loans to help small-business owners like Leckie keep workers on the payroll. Businesses wouldn’t have to pay the money back as long as they used most of the loan proceeds to pay staff.

But despite plenty of success stories like Leckie’s, there’s little consensus on how many paychecks it actually protected, a question that lingers as the PPP is due to wind down in coming weeks after it depletes all of its available funds.

The program, after several extensions passed by Congress, guaranteed more than 10 million loans to small businesses during the pandemic at a cost of more than $770 billion so far.

The Small Business Administration oversaw the program, and initial demand was overwhelming. The first $350 billion Congress set aside for loans was snapped up in less than two weeks.

But it was hit by controversies from the start. People were outraged when wealthy and well-connected outfits like the burger chain Shake Shack and the Los Angeles Lakers basketball team got loans, while others were left on the sidelines. Some big borrowers were shamed into giving the money back.

The Justice Department has also brought more than 100 criminal cases alleging fraud against the program. In its push to get money out the door quickly, the Small Business Administration approved more than 2 million loans that were later flagged as potentially problematic.

“The scale of this program is so beyond anything the Small Business Administration has had to run previously, it’s mind-blowing,” says Sean Moulton of the watchdog group Project on Government Oversight.

“How well did it work? I don’t think anyone has a good answer to that question,” he adds.

Economists have also raised questions about whether the loans actually kept workers on the job or simply subsidized businesses that would have been open anyway.

“We really underestimated the ability of lots of not-in-person service businesses to not only continue doing what they’re doing, but even do more of it,” says economist John Friedman of Brown University. “As a result of that, a lot of PPP money went to firms that were in fact not really that affected by the pandemic.”

Friedman and his colleagues estimate that in its first four months, the loan program actually saved only about 1.5 million jobs — at a cost of about $377,000 each.

Michael Faulkender, who as assistant Treasury secretary for economic policy in the Trump administration helped craft the loan program, argues that it played a much larger role, helping to save more than 18 million jobs during its early months.

“I think relative to how devastating things could have been, PPP was extraordinarily successful,” Faulkender says.

Faulkender argues that without the loan program, even more people would have been dumped into the unemployment system, which was already overwhelmed by millions of laid-off workers seeking benefits.

A survey by the Federal Reserve last year found 82% of small employers applied for a PPP loan, and 77% of those who applied received all the money they asked for. Nearly half of those firms still reduced the number of workers they employed.

But layoffs were even more common among companies that didn’t get PPP loans. What’s more, employers that got a loan were more likely to rehire workers who had been laid off.

Faulkender stresses that the program was originally designed as a kind of economic lifeboat — to keep workers and businesses afloat and together for what was expected to be a brief shutdown, lasting perhaps two months.

Of course, the pandemic has dragged on much longer than that, but despite the doubts, there are plenty of success stories.

Andray Hall credits a PPP loan with keeping his New Jersey kitchen cabinet company afloat during a period when no one wanted strangers taking measurements inside their home.

“For me, it’s about the people,” Hall said. “The company, we can survive it, but the people, if they fall, it’s hard to get back up.”

Or take Leckie. His business partner improvised a takeout menu that included barbecue and fried chicken. They added outdoor verandas to the restaurants, with plastic protection against the wind and rain.

And after taking advantage of two rounds of PPP loans, he’s still in business.

“I just feel as though it’s been a blessing that we’re able to still be standing today,” he said. “And I think the PPP has played a big part in that.”

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As Coronavirus Spread, State Department Evacuated Over 100,000 Americans Abroad https://withariane.com/as-coronavirus-spread-state-department-evacuated-over-100000-americans-abroad/ https://withariane.com/as-coronavirus-spread-state-department-evacuated-over-100000-americans-abroad/#respond Fri, 14 May 2021 09:19:38 +0000 https://withariane.com/?p=612 U.S. Embassy staff based in Podgorica, the capital of Montenegro, coordinated with the governments of Montenegro, Bosnia and Herzegovina and Germany to organize flights to return 53 U.S. citizens and residents home from Montenegro. (Photo: U.S. Embassy Podgorica, Montenegro) In late May, President Trump issued an order banning entry for all travelers coming from Brazil, […]]]>

U.S. Embassy staff based in Podgorica, the capital of Montenegro, coordinated with the governments of Montenegro, Bosnia and Herzegovina and Germany to organize flights to return 53 U.S. citizens and residents home from Montenegro. (Photo: U.S. Embassy Podgorica, Montenegro)

In late May, President Trump issued an order banning entry for all travelers coming from Brazil, a country where the number of COVID-19 cases is second only to that of the United States. In response, the U.S. Embassy in Brasília urged Americans to leave the country immediately.

“As this crisis has unfolded, things have developed very quickly. That being said, if returning to the U.S. is something that you and your family want to do, our official advice is to do it now. Now means as soon as possible,” one consular official said during a virtual town hall organized by the embassy. “Now means now.”

This was just one of the many examples of how hundreds of U.S. consular officials around the world have snapped into action to bring home more than 100,000 Americans traveling or living abroad in more than 130 countries (as of mid-June) as the COVID-19 pandemic swept the globe.

U.S. Embassy staff in Cameroon assist over 400 U.S. citizens in returning home on two chartered repatriation flights on March 31 and April 7. After a slow start, the State Department has helped bring home more than 100,000 Americans traveling or living abroad in more than 130 countries in the wake of the coronavirus pandemic. (Photo: State Department)

The large-scale effort even inspired a new virtual exhibit at the National Museum of American Diplomacy called “Bringing #AmericansHome.” Since the country’s founding, one video says, U.S. diplomats have worked to repatriate shipwrecked American sailors, protect the cargo of U.S. merchants in foreign ports, settle the estates of Americans who have died abroad, evacuate Americans from countries experiencing political unrest — and, now, secure safe passage home for Americans in the face of a fast-moving pandemic.

The COVID-19 repatriation effort has become one of the rare bright spots coming out of a State Department battered by bad press and low morale ever since Trump came to office. Most recently, that includes the resignation of a top State Department official over the president’s handling of racial tensions across the country — a reflection of longstanding complaints over a lack of diversity at Foggy Bottom.

Yet even when it came to the massive campaign to bring Americans home in the wake of the coronavirus pandemic, the State Department initially got mostly negative reviews.

Various outlets reported harrowing stories of Americans left confused and stranded abroad, especially as travel restrictions came down, flights became scarce and U.S. consular officials were quickly overwhelmed.

According to a March 25 article in Politico by Sam Mintz, some Americans “turned to alternatives like risky border crossings from Guatemala into Mexico — including bringing along enough money to potentially pay off customs officials — and chartering a jet flown by a private security firm staffed by former military and intelligence officers.”

Among those stranded was Melissa Uribe, a pregnant woman in Guatemala who was in need of medical attention. After she finally secured a commercial flight, the State Department notified her that she had been selected for a State-chartered flight, but she told Politico that she did not trust the department after its poor communication and returned home to California on her own.

In one well-publicized incident, American tourists and other foreigners in Peru said authorities doused them with an unknown chemical after imposing a quarantine on their hostel in April. (Several Americans infected with the virus were eventually flown back on a State Department medevac plane.)

Many Democrats said the lack of preparedness was part of a larger pattern in an administration that ignored the urgency of the pandemic in those critical first few weeks and months.

“While the scale of the pandemic may not have been entirely predictable, if this administration, including Secretary [Mike] Pompeo and his senior leadership team, had taken the coronavirus threat seriously and planned ahead, we may have been able to avoid some of the confusion and chaos Americans abroad encountered in their efforts to return home,” Sen. Bob Menendez (D-N.J.) said in a statement. “Unfortunately, that simply did not happen. As a result, the State Department now has to try to catch up and make up for lost time.”

Even some Republicans voiced frustration with the Republican administration’s response.

The hashtag #AmericansStuckInPeru “is due to lack of urgency” by some mid-level State Department employees, Sen. Marco Rubio (R-Fla.) tweeted in March. “We didn’t need you to ‘track’ this, we needed you to solve this.”

That tweet came after an American Airlines plane headed to Lima was forced to turn around because the State Department hadn’t secured permission from the Peruvian government for it to land.

But the incident also illustrates how the State Department has been at times forced to navigate foreign bureaucratic hurdles and negotiate with unresponsive or uncooperative governments. (Politico for instance reported that the Peruvian government was blocking the return of U.S. citizens until it received assurances that its own citizens could leave the U.S.)

American citizens board a Brazzaville-Kinshasa boat shuttle bound for a repatriation flight in the Democratic Republic of the Congo. (Photo: U.S. Embassy Brazzaville, Democratic Republic of Congo)

Some defenders of State’s response point out that many of the Americans who had to be evacuated chose to take a vacation despite explicit State Department travel warnings not to do so.

Other officials say the fast-moving pandemic created a logistical nightmare.

“One of the biggest challenges is simply the unprecedented nature of this pandemic, which led to a sudden shutdown of borders and heightened health risks to travelers in all corners of the globe,” Ian G. Brownlee, principal deputy assistant secretary for consular affairs at the State Department, told The Diplomat in an email.

“Another major challenge was the number of Americans who found themselves in extremely remote areas throughout the world, from the Amazon jungle to the foot of Mount Everest. There was, quite literally, no precedent for ​a global crisis of this magnitude. In some areas, local conditions such as quarantines or remoteness compelled U.S. citizens to shelter in place until the crisis has passed, and we continue to do all we can to help them. A number of U.S. citizens initially expressed interest in repatriation assistance and have since decided to remain in place overseas. That said, we successfully repatriated the overwhelming majority of U.S. citizens who wanted to return to the United States.”

In fact, while it may have been initially caught off guard, the State Department has since been widely praised for its repatriation efforts — even by those who had been among its harshest critics in Congress.

On June 12, the Senate unanimously passed a bipartisan resolution praising State Department officials for their work to bring Americans home. The resolution was introduced by Menendez, the ranking Democrat on the Senate Foreign Relations Committee, along with Jim Risch (R-Idaho), the committee’s chair.

“Every day for the past six months of the COVID-19 pandemic, the American people have been reminded of the exemplary capabilities of our career diplomacy and development professionals. Even during the most trying circumstances — and this pandemic has been that — they rise to the challenge of serving our nation and protecting the American people,” said Menendez.

But the New Jersey Democrat’s praise for State Department staff did not rise to the leadership level.

“The lack of preparedness and planning by the Trump administration for repatriations of this scale did not stop our nation’s career civil service and foreign service professionals from bravely tackling an unprecedented challenge, even if it meant sacrificing their own health to protect their fellow Americans,” Menendez said in a statement when the resolution was introduced on May 21.

Still, Congress’s general support for career officials at State has not gone unnoticed by those officials.

“We are grateful for all of the expressions of gratitude, and for the strong support of Congress. Our priority at the State Department remains the safety and welfare of U.S. citizens overseas, and we will do all we can to keep American travelers informed and safe,” Brownlee said.

The State Department launched its Repatriation Task Force on March 19. Among the Americans who were evacuated immediately were State’s own employees — including those stuck in Wuhan, China, the epicenter of the pandemic at the start of the year.

The removal of State Department employees abroad also complicated efforts on the ground to repatriate Americans, although many U.S. consular officials and diplomats stayed to help, scrambling to arrange not only flights but also boats and buses to whisk Americans out of COVID-19 hotspots.

“In addition to organizing repatriation flights and helping U.S. citizens get to the airport to get on these flights, we are regularly updating U.S. citizens overseas on the latest options to depart, helping U.S. citizens find commercial flight options where available, and providing repatriation loans to manage the up-front payment of costs of commercial flights,” Brownlee, who spearheaded the 24/7 effort, told us.

The State Department cannot waive the costs of international travel or help defray people’s expenses, which can be high. But it does offer loans to Americans for the purpose of returning home. Those who take out a loan, however, will not be able receive a new U.S. passport until it is paid back.

“By law, the State Department charges a median full-fare price for the planes it charters, and commercial carriers are hiking up costs to make up for flying with sometimes near-empty planes. If Americans don’t repay the promissory notes, legally binding IOUs that they sign before boarding the flights, by U.S. law, they risk not being issued a new passport,” Kimberly Dozier reported for TIME on April 20.

For one American, Natalie Kosloff, a U.N. peacekeeper deployed to the Democratic Republic of Congo, the State Department paid $3,500 for her to fly on a U.K. Embassy flight to Washington by way of London — the costs of which she must pay back. Kosloff “estimates the whole experience will have cost her around $10,000 out of pocket,” according to the TIME article.

This is not unlike some other countries’ emergency procedures for helping their citizens return home. The U.K., for instance, urged its citizens to fly commercial where air carriers were still operating. In places where commercial airlines had grounded flights, the U.K. set up a £75 million program to charter flights, with the funds meant to “keep the costs down” for travelers booking the private flights.

British citizens were expected to “book and pay directly through a dedicated travel management company,” as U.K. Foreign Secretary Dominic Raab announced.

U.S. Ambassador to Malawi Robert Scott is seen greeting passengers at Kamuzu International Airport in the Malawian capital of Lilongwe. A Boeing 787-800 operated by Ethiopian Airlines departed on April 24 from the airport with 74 American citizens. The flight was the first of its kind in Malawi since airspace closed on April 1 in the wake of the coronavirus pandemic. (Photo: U.S. Embassy Lilongwe, Malawi)

While Congress has generally praised the State Department for ramping up its repatriation strategy, some members are still urging a review of “lessons learned” from the crisis.

Rep. Eliot Engel (D-N.Y.), chair of the House Committee on Foreign Affairs, sent a letter to Secretary of State Mike Pompeo requesting information about repatriation efforts.

Among the information House members wanted was a list of all COVID-19-related repatriation flights, specifying whether each flight was a State Department-funded charter or a commercial charter; a list of instances in which other agencies’ air assets were used or requested; an “estimate of potential new hotspots around the world” where repatriation efforts could be needed in the future; and an accounting of how the State Department used any funds from the CARES Act, the emergency spending relief bill Congress passed and Trump signed on March 27.

Neither Engel nor the committee’s ranking minority member, Michael McCaul (R-Texas), returned repeated requests for comment.

While the Senate resolution commended the State Department, it also urged officials to continue to help stranded Americans.

On that note, Brownlee, speaking at a May 5 briefing for reporters, said his office’s work isn’t done.

“While demand is in decline, we haven’t applied the brakes yet…. As long as there are U.S. citizens in a country, we’ll do everything we can to make sure that they know their options so they’ll know whether to get on the next flight out, if there is one, or whether they’ll need to shelter in place for some time,” he said.

“From a Washington perspective, we’ve run the U.S. government-chartered repatriation flights with an eye to an eventual finish line. That said, we still don’t have a hard end date. That will be dictated by need, and we will continue to assess closely conditions on a country-by-country basis,” he added.

“But to bang on the drum I’ve been banging on since the beginning, U.S. citizens who are thinking of coming back need to act now.”

That warning comes as countries such as Brazil continue to struggle with a surge in cases, which are also popping up in countries such as South Korea and Singapore that were once believed to have contained the virus.

It also comes as experts warn of a possible second wave of the coronavirus this fall — coupled with the administration’s muddled messaging.

While Vice President Mike Pence argued that “there isn’t a coronavirus ‘second wave’” in a Wall Street Journal op-ed, others in the administration have signaled that they are already preparing for one.

“We are filling the stockpile in anticipation of a possible problem in the fall. We are doing everything we can beneath the surface, working as hard as we possibly can,” White House trade adviser Peter Navarro told CNN on June 21.

Meanwhile, President Trump has sought to downplay the virus even as wide swaths of the U.S. have seen the number of coronavirus cases skyrocket, with nearly 130,000 American deaths as of this printing. Despite the dramatic spike, the president has gone ahead with controversial rallies that defy the very social distancing measures that experts say are necessary to contain outbreaks.

Regardless of what happens next, Americans are much less likely to travel in the near future. According to one survey, only 56% of U.S. adults would be willing to travel on a commercial flight even 60 days after experts declare it safe to travel again.

That may come as a small relief to the State Department officials who’d be tasked with bringing those travelers back home in the event of yet another emergency.

Anna Gawel (@diplomatnews) is the managing editor of The Washington Diplomat.

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COVID-19 recovery grants available for businesses and nonprofits https://withariane.com/covid-19-recovery-grants-available-for-businesses-and-nonprofits/ https://withariane.com/covid-19-recovery-grants-available-for-businesses-and-nonprofits/#respond Wed, 24 Mar 2021 07:52:28 +0000 https://withariane.com/covid-19-recovery-grants-available-for-businesses-and-nonprofits/ Pueblo County Commissioner Garrison Ortiz said local government recognizes the hardships local businesses and nonprofits are going through amid the coronavirus pandemic and that it goes way beyond homeowners. business themselves. “There are a lot of people who work in the service industry where it’s their second or third job and there are people who […]]]>

Pueblo County Commissioner Garrison Ortiz said local government recognizes the hardships local businesses and nonprofits are going through amid the coronavirus pandemic and that it goes way beyond homeowners. business themselves.

“There are a lot of people who work in the service industry where it’s their second or third job and there are people who are trying to support themselves and it gets even more difficult,” Ortiz said.

The county recently used funding from the CARES Act to help economic recovery for local businesses and nonprofits affected by the outbreak. The deadline to apply is December 7th.

This week, grants totaling $ 500,000 are being distributed to local businesses.

“There are all kinds of businesses that have been affected and injured because of these restrictions (COVID-19). It’s our way of trying to help the local economy,” Ortiz said.

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US grantmakers step up efforts around the world against Covid-19 (Grants Roundup) https://withariane.com/us-grantmakers-step-up-efforts-around-the-world-against-covid-19-grants-roundup/ https://withariane.com/us-grantmakers-step-up-efforts-around-the-world-against-covid-19-grants-roundup/#respond Wed, 24 Mar 2021 07:52:28 +0000 https://withariane.com/us-grantmakers-step-up-efforts-around-the-world-against-covid-19-grants-roundup/ Here are some notable new grants specifically for the Covid-19 outbreak, compiled by the The Chronicle: Bank of America Commitment of $ 100 million to support communities throughout the challenges of the coronavirus epidemic. The bank dedicates its donations to increasing the response capacity of medical organizations, fighting food insecurity, providing access to distance learning […]]]>

Here are some notable new grants specifically for the Covid-19 outbreak, compiled by the The Chronicle:

Bank of America

Commitment of $ 100 million to support communities throughout the challenges of the coronavirus epidemic. The bank dedicates its donations to increasing the response capacity of medical organizations, fighting food insecurity, providing access to distance learning resources for children whose schools have closed, and providing support to those most in need. vulnerable people of the world. Among the first beneficiaries is Khan Academy, which provides free online learning materials for students aged 4-18.

Facebook

$ 100 million to the Facebook Small Business Grants Program, which will make free online advertising and grants available to 30,000 small businesses in more than 30 countries where the company’s social media employees live and work.

Netflix

$ 100 million to create an economic relief fund to help team members and other members of the Hollywood film community who are unemployed during the coronavirus crisis. The streaming company gave $ 1 million to SAG-AFTRA for its Covid-19 Disaster Fund, $ 1 million to the Motion Picture & Television Fund and $ 1 million to the Actors Fund Emergency Assistance in the United States, as well as $ 15 million nonprofit groups outside of the United States.

New York Community Trust

$ 75 million to create the NYC Covid-19 Response & Impact Fund, which will support nonprofit groups in New York City that work in the arts and culture and social services and suffer financial losses from the pandemic of coronavirus. The new fund, administered by the New York Community Trust, will provide grants and interest-free loans to small and medium-sized nonprofits in the city to help them meet emerging needs and keep their work going. Many large New York foundations have donated to the fund, including Bloomberg Philanthropies, Carnegie Corporation of New York, Doris Duke Charitable Foundation, Ford Foundation, Estée Lauder Companies Charitable Foundation, Andrew W. Mellon Foundation , Robin Hood, and the Rockefeller Brothers Fund.

Google.org

A commitment of $ 50 million for the international response to the coronavirus, with a focus on health and science, educational resources for out-of-school children and support for small businesses. The pledge includes $ 5 million to match donations to the Covid-19 Solidarity Response Fund, a project of the World Health Organization and the United Nations Foundation.

Otto Bremer Trust

$ 50 million through its subsidiary Community Benefit Financial Company to provide financial support to nonprofits and other community organizations in Minnesota, Montana, North Dakota and Wisconsin. The new fund will provide emergency funding, loans, lines of credit and other financial resources to organizations affected by the Covid-19 outbreak.

Walmart and the Walmart Foundation

A $ 25 million commitment to support organizations responding to the global coronavirus crisis. The retailer has pledged $ 10 million to support food banks, school lunch programs and related food safety organizations; $ 10 million to support efforts in economically struggling communities in the United States and abroad; and $ 5 million to global efforts to help countries prevent, detect and manage the coronavirus. The first recipients will be announced in the coming week.

Rockefeller Foundation

$ 20 million to create a Covid-19 monitoring and management system and establish a program to cover the basic needs of vulnerable workers, families and communities around the world. The foundation will also provide key assistance and support in the cities where it operates, in particular Bellagio, Italy; New York City; Washington DC; Nairobi; and Bangkok.

Pittsburgh Foundation, Heinz Endowments, Richard King Mellon Foundation and Hillman Family Foundations

$ 10 million to create an Emergency Action Fund in response to the Covid-19 crisis and its effects on vulnerable people living in southwestern Pennsylvania.

Fifth Third Foundation and the Fifth Third Chicagoland Foundation

$ 8.8 million to support long-term economic sustainability in the areas in which the bank operates. The contribution will provide grants and loans to small businesses, affordable housing, home ownership and economic development, as well as philanthropic support to United Way, United Fund and other local agencies primarily in the Midwest. .

Wells Fargo Foundation

A commitment of $ 6.3 million to support the national and global response to the coronavirus and to aid public health relief efforts. Of the funding, $ 5 million will flow to the San Francisco area over the next few months. The CDC Foundation is also receiving $ 1 million and the International Medical Corps will receive $ 250,000 for its work in more than 30 countries.

California Endowment

$ 5 million in a first phase of disaster response funding to address the health, financial and economic challenges facing families and communities in California due to the Covid-19 outbreak.

Coca-Cola Company

$ 5 million to the Greater Atlanta Covid-19 Response and Recovery Fund, a joint project of the United Way of Greater Atlanta and the Community Foundation for Greater Atlanta.

Robert W. Woodruff Foundation

$ 5 million to the Greater Atlanta Covid-19 Response and Recovery Fund, a joint project of the United Way of Greater Atlanta and the Community Foundation for Greater Atlanta.

Synchrony

Pledge of $ 5 million to Feeding America’s Covid-19 Response Fund, Meals on Wheels America and local hunger relief organizations to provide food to vulnerable populations, especially isolated seniors and families low income.

Nike Foundation

$ 4.5 million to the global coronavirus effort. The new grants include $ 1 million to the Covid-19 Solidarity Response Fund to help countries prepare for and respond to the crisis; $ 1 million to the Oregon Community Recovery Fund to help communities near its head office in Beaverton, Oregon; and an additional $ 1.1 million to the King Baudouin Foundation to support community partners in Africa, Europe and the Middle East. Additionally, in January, the foundation awarded $ 1.4 million to the China Youth Development Foundation to provide first responders in China with supplies and equipment to treat Covid-19 patients.

Minnesota Council on Foundations and the Saint Paul and Minnesota Foundation

$ 4.4 million to establish the Minnesota Disaster Recovery Fund, which will provide grants to local foundations and other Minnesota funders to meet emerging needs in their communities. Major Minnesota foundations have contributed to the fund including Ameriprise Financial Foundation, Best Buy Foundation, Better Way Foundation, Blandin Foundation, Blue Cross Foundation and Blue Shield of Minnesota, Bush Foundation, Cargill Foundation, Foundation Land O’Lakes, the Medtronic Foundation, Northwest Region Foundation and the Target Foundation.

Cleveland Foundation

$ 4 million from a pool of local donors to create the Greater Cleveland Covid-19 Rapid Response Fund, which will provide grants to nonprofits in Northeast Ohio.

PwC Charitable Foundation

$ 2.9 million to support communities most affected by Covid-19. The company gave $ 500,000 to Feeding America, $ 500,000 to Direct Relief and $ 1.5 million to meet the needs of the United States. At the end of February, the PwC Foundation also awarded a grant of $ 350,000 to the HOPE project to provide protective equipment to health workers in the Chinese provinces of Wuhan and Shanghai.

Islamic Relief United States

$ 1.9 million to mosques and social service organizations to help them continue their programs during the coronavirus outbreak.

New York life

$ 1.7 million to the Center for Disaster Philanthropy’s Covid-19 Response Fund, the CDC Foundation, and First Book. First Book is using its share of the grant money to provide books to children in low-income communities whose schools are closed.

Amazon

$ 1 million to four community foundations near Washington, DC, to address emergency Covid-19 needs, including food insecurity, housing and financial assistance to those in need. The recipients are ACT for Alexandria, Arlington Community Foundation, Community Foundation for Northern Virginia, and the Greater Washington Community Foundation.

Loan tree

$ 1 million to the Carolinas Foundation and United Way of Central Carolinas for the Covid-19 Response Fund. The City of Charlotte matches the grant with $ 1 million in public sector support.

Major League Baseball and the Major League Baseball Players Association

$ 1 million to Feeding America and Meals on Wheels America to provide meals for children in need following school closures and widespread quarantines due to the coronavirus pandemic.

Southern California Gas Co.

$ 1 million to local nonprofits for Covid-19 relief efforts. Recipients include the Los Angeles Area American Red Cross, the Mayor’s Fund for Los Angeles Covid-19, Orange County United Way, and Proteus Inc., which provides education, job training, job placement and other support services for families working on farms. and others in need in the San Joaquin Valley of California.

Under protection

$ 1 million to Feeding America to support efforts to alleviate hunger for children and families in need due to school closures and quarantines. The sportswear company is also pledging $ 1 million in equipment, footwear and clothing in cash and in-kind to Good Sports to support youth sports leagues.

Send grant announcements to grant.editor@philanthropy.com.

Chronicle of Philanthropy subscribers also have full access to GrantStation’s searchable database of grant opportunities. For more information, visit our grants page.

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Loan remakes need to be personalized to avoid permanent greening – The New Indian Express https://withariane.com/loan-remakes-need-to-be-personalized-to-avoid-permanent-greening-the-new-indian-express/ https://withariane.com/loan-remakes-need-to-be-personalized-to-avoid-permanent-greening-the-new-indian-express/#respond Wed, 24 Mar 2021 07:52:27 +0000 https://withariane.com/loan-remakes-need-to-be-personalized-to-avoid-permanent-greening-the-new-indian-express/ Most financial crises arise not from what we know, but from what we don’t know. Given the sluggish economy, the industry, the finance ministry and the banks are collectively pushing for forbearance with a one-time loan restructuring proposal. But the RBI, which has already announced a six-month moratorium to ease the burden on borrowers, should […]]]>

Most financial crises arise not from what we know, but from what we don’t know. Given the sluggish economy, the industry, the finance ministry and the banks are collectively pushing for forbearance with a one-time loan restructuring proposal. But the RBI, which has already announced a six-month moratorium to ease the burden on borrowers, should be extra careful to avoid repeating the mistakes of the past. Loan restructuring enables favorable repayment terms, delays defaults and prevents new bad loans and high provisioning, which in turn affect bank profitability.

But we should pay attention to the warning from RBI Governor Shaktikanta Das last year, albeit in a separate context, when he spoke of the Cobra Effect, where a well-intentioned solution ends up making the problem worse. Especially since the banks have already testified themselves. Much of the current bad debt problem was a by-product of a similar one-time restructuring exercise a decade ago to weather the global financial crisis of 2008. 2015, when the central bank cracked the whip. Even now, banks are allowed to restructure loans, but not without designating them as NPAs and it is this aspect that lenders want the regulator to relax.

From an industry perspective, giving in to demand is essential to their survival, but the RBI should be wary of the underlying stress build-up as the banks shoulder a large chunk of the Rs 21 lakh crore economic package. through loan guarantees and emergency lines of credit. The regulator must therefore carry out stress tests at the level of banks to determine their resilience and the realistic losses they can bear in unfavorable Covid foreclosure scenarios. In addition, a sensitivity analysis of bank balance sheets should assess the likely depletion of capital and the need for capital later. The RBI should also effectively prepare banks to normalize their operations when the crisis subsides without overheating the system with aggressive lending as in the past. Finally, loan remodels should be personalized based on an individual borrower’s cash flow to avoid permanent greening of loans. Such granularity is essential because the hidden risks will not hide forever.

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Financial impacts of the COVID-19 crisis on the construction industry https://withariane.com/financial-impacts-of-the-covid-19-crisis-on-the-construction-industry/ https://withariane.com/financial-impacts-of-the-covid-19-crisis-on-the-construction-industry/#respond Wed, 24 Mar 2021 07:52:27 +0000 https://withariane.com/financial-impacts-of-the-covid-19-crisis-on-the-construction-industry/ In the midst of the current coronavirus crisis, the priorities of most construction companies are (1) the health and well-being of its employees, and (2) addressing delays on projects caused by the inability to operate. obtain labor or materials. Once the crisis has passed, and it will be the case, the priority of construction companies […]]]>

In the midst of the current coronavirus crisis, the priorities of most construction companies are (1) the health and well-being of its employees, and (2) addressing delays on projects caused by the inability to operate. obtain labor or materials.

Once the crisis has passed, and it will be the case, the priority of construction companies will be to deal with the financial fallout from the crisis. Our economy, and the construction industry in particular, depends on people who venture out, people who interact, who move things and who engage in millions of transactions every day that force us to interact. In order to slow or stop the spread of the virus, we are, either by choice, by government dictate, or a combination of the two, entered a form of soft quarantine, severely restricted travel and strongly discouraged interactions and gatherings. personal. . Thus, the “cure” for the Coronavirus ceases or severely reduces the activities that drive our economy. A recession is already taken for granted. The question that remains is how bad it will be.

Fortunately, the specific problems resulting from the sharp slowdown in our economy are not without precedent. In 2008, the financial crisis and the Great Recession created many of the same problems that are likely to occur after the coronavirus crisis is over.

What to expect

Many parties on the paying side of a construction contract (for example, homeowners responsible for paying general contractors and general contractors responsible for paying subcontractors) will attempt to manage claims in a way that pays off. Put simply and bluntly, some parties will opportunistically (and in some cases, unfairly or wrongly) seek a financial advantage to the detriment of the other party to the contract. The parties responsible for payment may delay payment, or may seek to create or pursue claims in order to justify never paying.

A specific example of this will be projects that are delayed, but whose substantial completion date has not been extended beyond the contractually required deadline, either due to a floating schedule or because the works were ahead of schedule before being delayed. In this situation, expect the owner or higher-level contractor to withhold late damages or slowly pay subsequent payment claims, even if final completion has not been postponed beyond that. of the contract deadline.

There will be several claims against limited pots of money. Some projects will fail and be taken over by a lender, in which case the contractor and subcontractors will engage in a battle over who gets what if any.

Lien claims will be invoked more frequently (which, somewhat ironically, will provide higher-level parties with additional justifications for withholding payment). Claims of lien will be argued more frequently, more intensely, and for longer periods of time. In privilege disputes, there will be a lot more battles over privilege priorities and privilege defenses. Again, these fights will be pleaded more frequently, more intensely, and for longer periods of time. Extraordinary or exotic remedies such as equitable privilege claims will be invoked, pursued and contested.

What to do?

Any party receiving payment should examine their claims. The assumption in a good economy that a debt is as good as money disappears in a bad economy. This review should be carried out on a weekly basis and should focus in particular on the amounts owed on specific projects, the amounts remaining to be earned on specific projects as the work is done and the aging of the receivables – the amounts due on specific projects. receivables are NOT like wine, they are. does not improve with age. Immediate action should be taken to pursue large or old debts, and in particular to pursue both large and old debts.

Claims of lien and surety should be raised early and often and regardless of the fact that assertion of these legal rights may provoke a negative reaction from other contracting parties. Those with lien or surety rights, or defenses in this regard, should familiarize themselves with the process of preserving, prosecuting, or defending against lien and surety claims. My law partner, Luke Tompkins, recently wrote an excellent article on the time limits for asserting certain claims and defenses related to privileges and obligations. Parties should familiarize themselves with these time limits and do everything possible to ensure that their rights or defenses are not lost over time. As a construction lawyer, one of the worst calls I can get is from someone who had a lien claim a week ago but lost it because they waited too long. long to call me.

Parties must ensure not only that they preserve and assert their privilege rights, but also that they preserve and assert their privilege defenses. This includes using and complying with the contract notice mechanism and the lien agent process. Simply put, parties should strive to get ahead of the prosecution of claims and preserve defenses against claims. Managing the flow of money to you while avoiding having to pay twice for the same job is essential for surviving financially.

Parties should carefully and thoroughly review their contracts (both contracts they enter into and contracts already in place on major projects), in particular to ensure that: 1) they are in compliance with all requirements of the contract ; 2) that the notice provisions are strictly observed; and 3) familiarity with dispute settlement provisions. As stated above, either because the pot of money is smaller or because some parties will act opportunistically, more claims will be contested and litigated. Thus, it is imperative that no defense or claim is given to the other party in the event of strict non-compliance with the requirements of the contract. Likewise, more disputes will go to litigation and therefore a thorough understanding of the applicable dispute resolution process is necessary to prevent claims or defenses from being compromised by not following the correct procedural steps from the outset. As discussed in more detail in Mr. Musselwhite’s article, in times of crisis there are legal mechanisms (generally referred to as “force majeure”) that can excuse the delayed or otherwise deficient performance of a party. However, the exact remedy and the extent to which a party is entitled will depend heavily on the parties’ written contract.

Parties should also familiarize themselves with government programs available to help financially. The Small Business Administration (“SBA”) has an emergency loan funding mechanism that was in place before the coronavirus outbreak. There are pending proposals for payroll tax relief and improved emergency lending through the SBA. At the time of writing, bills to this effect have been passed in the House, but have not yet been passed in the Senate.

Know your customer. This is important for two reasons. First, if you’re doing work for a homeowner, general contractor, or senior contractor, you give them credit. Working for someone you don’t know well under these circumstances is no different than lending hundreds of thousands of dollars to a stranger on the street. The loan can be properly documented, but it is unlikely to be repaid in full, if at all. Second, the construction industry relies on subcontracting chains. Often times, the party you legally contract with is different from the party you ultimately work for (and who ultimately has the money). Knowing who you are legally working for and who you are ultimately working for (and who is in between) is essential to successfully asserting claims and lien and surety rights. If this knowledge is lacking or incomplete, then you might as well find the first stranger on the street to give your hundred thousand dollars.

Always recognize, money is king. It is neither glamorous nor exciting and will not earn any return at current interest rates. However, cash gives you the ability to weather the storm, the ability to avoid capitulating for a quick payout, and the ability to take advantage of any opportunities that may arise.

Just because you’ve heard all of the above doesn’t mean it’s not important to review your adherence to best practices, especially now. Tough economic times await the construction industry, making it all the more imperative that you act to preserve and pursue your claims and defenses. It’s no different than we reflexively do the things we should have done all along to avoid the “normal” flu.

Opportunities

As with any crisis, there will be opportunities that arise from the coronavirus crisis. Don’t miss out on these opportunities. With almost everyone working from home, there are many buildings with deferred maintenance or layout needs that are no longer filled with people whose presence would normally prevent heavy construction activities. Creative industry players will be able to come up with many more examples of potential opportunities.

Conclusion

Once health issues and project delay issues are resolved, the financial impacts of the Coronavirus will become paramount. Getting ahead and handling claims, preserving claims and defending against claims will be essential in protecting the financial integrity of construction owners, lenders, contractors, subcontractors and suppliers. By following or adhering to the lessons learned during the 2008 financial crisis, those involved in the construction process should be able, once again, to survive to fight another day.

© 2021 Ward and Smith, Pennsylvania. All rights reserved.Revue nationale de droit, volume X, number 100

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Supplier support continues as flood damage is assessed https://withariane.com/supplier-support-continues-as-flood-damage-is-assessed/ https://withariane.com/supplier-support-continues-as-flood-damage-is-assessed/#respond Wed, 24 Mar 2021 07:52:27 +0000 https://withariane.com/supplier-support-continues-as-flood-damage-is-assessed/ By Wayne Robinson | March 24, 2021 As printing plants in flood-affected areas of NSW and Queensland begin to assess damage over the next few days, the supplier association Visual Connections has reminded owners that suppliers to the industry are ready to offer their support. Seek Vendor Support: Peter Harper, CEO, Visual Connections Peter Harper, […]]]>

By Wayne Robinson | March 24, 2021

As printing plants in flood-affected areas of NSW and Queensland begin to assess damage over the next few days, the supplier association Visual Connections has reminded owners that suppliers to the industry are ready to offer their support.

Seek Vendor Support: Peter Harper, CEO, Visual Connections

Peter Harper, CEO of Visual Connections, said: “As we did during last year’s bushfires, and continued to do during the challenges of Covid-19, we are committed to ensuring that businesses industry quick and easy access to assistance from their suppliers when facing natural disasters and other unforeseen circumstances.

The fastest way for business owners to see what support is available is to go to www.visualconnections.org.au and click on the Register for Support tab to download a full membership list. of Visual Connections, with their contact details and an overview of the support. Free.

Harper said: “The sooner you get in touch with suppliers, the better, as many can help assess damage for insurance claims, as well as provide assistance with things like loaning equipment, consumables, repairs and even connections with other companies, so that work in progress can be temporarily outsourced.

“In the meantime, we urge all of our colleagues in the industry to follow emergency service instructions and avoid any risk when accessing their properties or businesses. Assets and equipment can be replaced, but lives cannot. Please stay safe.

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Marjorie Taylor Greene withdrawn from House committee missions https://withariane.com/marjorie-taylor-greene-withdrawn-from-house-committee-missions/ https://withariane.com/marjorie-taylor-greene-withdrawn-from-house-committee-missions/#respond Wed, 24 Mar 2021 07:52:27 +0000 https://withariane.com/marjorie-taylor-greene-withdrawn-from-house-committee-missions/ The House voted Thursday to strip controversial Congressional Republican Marjorie Taylor Greene of her committee assignments. All Democrats and 11 Republicans voted for the measure, despite opposition from Republican Leader Kevin McCarthy. In social media posts and videos made before her election to Congress, Greene, a freshman from Georgia, embraced a host of far-right conspiracy […]]]>

The House voted Thursday to strip controversial Congressional Republican Marjorie Taylor Greene of her committee assignments. All Democrats and 11 Republicans voted for the measure, despite opposition from Republican Leader Kevin McCarthy.

In social media posts and videos made before her election to Congress, Greene, a freshman from Georgia, embraced a host of far-right conspiracy theories, including examination whether deadly school shootings had been staged and if a a plane really struck the Pentagon on September 11. A supporter of the fantastic QAnon conspiracy theory, she also shared videos with anti-Semitic and anti-Muslim sentiments, and expressed support for violence against Democratic leaders in Congress.

At a press conference on Friday, Greene said she was “sorry” for her previous comments when asked directly, although she did not apologize for publicly annoying David Hogg, the one of the teenage survivors of the Parkland School shooting. She added that the committee work would have been a “waste of time”, adding that she had “a lot of free time on my hands” to “talk to a lot more people and build tremendous support.”

However, she also said Republicans who voted to strip her of her committee job would likely face political repercussions, given that she has the backing of former President Trump.

“The party is his. It doesn’t belong to anyone else,” Greene said of Mr. Trump.

Democrats had slammed his seat on the Education and Labor Committee in particular, given Greene’s earlier promotion of conspiracy theories related to the school shootings in Parkland and Newtown. Although some Republicans have berated Greene, there was an opposition to the stripping of its committee missions, which carry power since bills are developed in committees.

McCarthy said Wednesday he was “unequivocally opposed” to Greene’s comments, but accused Democrats of “taking over.” Thursday before the vote, McCarthy said the resolution creates a “dangerous new standard that will only deepen divisions.”

Other Republicans also condemned Greene’s comments, but cautioned Democrats against setting a precedent in which the majority party dictates the missions of the minority party committee.

A handful of the 11 Republicans who broke with the party could face competitive races in 2022. Nicole Malliotakis, Chris Jacobs and John Katko are all from New York, a Democratic-led state that will likely lose a seat in Congress in the next year. redistribution. Adam Kinzinger of Illinois, who voted yes to impeachment, could be in the same position. Young Kim from California and Maria Elvira Salazar from Florida are in districts President Biden won in 2020.

Congressional Democrats have sought to tie House Republicans to Greene’s hardline positions. In a statement Wednesday, President Nancy Pelosi’s office called McCarthy a “Q-CA,” calling him a QAnon congressman from California.

Ahead of the vote, the Congressional Democratic campaign committee ran ads in the Kim, Fitzpatrick and Salazar districts, seeking to link them to QAnon. Fitzpatrick, Upton, Jacobs, Diaz-Balart, Katko and Kinzinger all voted to condemn QAnon in a resolution passed in October 2020.

Democrats have already targeted three of those 11 Republicans in previous rounds: Katko, Brian Fitzpatrick of Pennsylvania and Fred Upton of Michigan.

In a speech in the House ahead of the vote, Greene said the 9/11 terrorist attacks had indeed taken place and that she believed children deserved to be protected from school shootings.

“These are words from the past and these things don’t represent me, they don’t represent my district and they don’t represent my values,” said Greene. However, she also equated the press with QAnon, saying the media was just as divisive as the insidious conspiracy theories promoted by QAnon supporters.

Democratic Congresswoman Lucy McBath, whose son was shot and killed in 2012, said in the debate leading up to the vote that “Greene’s words are unworthy of the American people.”

“This is a member stalking the children of the tragedy, attacking the survivors and threatening violence,” McBath said. This is a member who denies the existence of dead children at Sandy Hook Elementary School and Marjory Stoneman Douglas High School. This moment is about parents across America who are now celebrating their birthday. child like me. “

In a long Republican conference meeting Wednesday night, Greene expressed remorse for his previous comments and past support for the QAnon conspiracy theory, according to two sources close to the meeting.

At the same meeting, Representative Liz Cheney repelled an effort to remove her from her role as GOP leader following her vote to impeach former President Donald Trump for inciting the attack on Capitol Hill. However, 61 GOP members voted to expel him from leadership, suggesting deep divisions within the Republican caucus over the leadership of the party to move forward.

House Democrats advanced resolution calling for Greene’s ousting from committees at a House Rules Committee meeting earlier Wednesday, setting up a vote Thursday afternoon in plenary.

The House GOP leaders’ refusal to exercise their authority to remove Greene from his committee assignments contrasts with their handling of a similar situation in 2019, when the party’s steering committee chose to delete Then Congressman Steve King of his committees for commentary defending white supremacy.

Aaron Navarro contributed to this report.

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A guide to what you can expect from the $ 1.9 trillion stimulus package https://withariane.com/a-guide-to-what-you-can-expect-from-the-1-9-trillion-stimulus-package/ https://withariane.com/a-guide-to-what-you-can-expect-from-the-1-9-trillion-stimulus-package/#respond Wed, 24 Mar 2021 07:52:27 +0000 https://withariane.com/a-guide-to-what-you-can-expect-from-the-1-9-trillion-stimulus-package/ By Tami Luhby and Katie Lobosco, CNN (CNN) – The $ 1.9 trillion coronavirus package contains a wide range of benefits to help Americans still battling the economic fallout from the pandemic. The House of Representatives passed the bill on Wednesday, clearing the way for President Joe Biden to enact it later this week. Here’s […]]]>
By Tami Luhby and Katie Lobosco, CNN

(CNN) – The $ 1.9 trillion coronavirus package contains a wide range of benefits to help Americans still battling the economic fallout from the pandemic.

The House of Representatives passed the bill on Wednesday, clearing the way for President Joe Biden to enact it later this week.

Here’s how Americans could benefit from the legislation:

If your family earns less than $ 160,000 per year

The bill provides for direct payments of up to $ 1,400 per person to married couples earning less than $ 160,000, heads of households earning less than $ 120,000 per year, and people earning less than $ 80,000 per year .

Stimulus payments will be phased out faster this time around than in the past – but for those who qualify, the new payments will complement the $ 600 checks approved in December, bringing beneficiaries to a total of $ 2,000 each. .

Related: How much will your stimulus check be? Use this calculator

Those earning less than $ 75,000 will receive the full $ 1,400. Married couples earning less than $ 150,000 per year will receive $ 2,800 – and families with children are entitled to an additional $ 1,400 per dependent. Heads of households earning less than $ 112,500 per year will also receive the full $ 1,400 plus $ 1,400 per dependent.

Income thresholds will be based on the most recent taxpayer return. If they have already filed a 2020 return at the time the payment is sent, the IRS will base the eligibility on their adjusted gross income for 2020. Otherwise, it will be based on the 2019 return or information submitted through a portal in line set up last year for people who typically don’t file tax returns.

If you are unemployed

The unemployed will receive a weekly federal boost of $ 300 in unemployment benefits and will receive those payments until September 6. In addition, two key pandemic unemployment benefit programs will be extended for the same period.

The bill also calls for making the first $ 10,200 in unemployment benefits tax-exempt for households with annual incomes below $ 150,000.

Freelancers, concert workers, independent contractors and some people affected by the pandemic may receive benefits through the Unemployment Pandemic Assistance Program, while the Pandemic Emergency Compensation Program of unemployment increases the duration of payments for people under the state’s traditional unemployment system.

Unemployed Americans will begin to run out of benefits from both programs this weekend, when December’s $ 900 billion relief program provisions begin to disappear.

The $ 300 improvement that was part of the December deal also ends this weekend.

If you are hungry

Food stamp recipients will see a 15% increase in benefits continue through September, instead of expiring at the end of June.

And families whose children’s schools are closed may be able to receive Pandemic-EBT benefits throughout the summer if their state chooses to continue. The program provides funds to replace free and discounted meals the children would have received in school.

If you’re behind on your rent or mortgage

The bill will send about $ 20 billion to state and local governments to help low-income households cover rent, rent assistance, and utility bills.

It authorizes about $ 10 billion to help struggling homeowners pay off their mortgages, utilities and property taxes.

The bill also provides $ 5 billion to help states and communities help people at risk of becoming homeless by providing them with safe and socially remote housing, for example. Another $ 5 billion goes to emergency housing vouchers for the homeless.

If you have children

Many families with minor children will be able to claim a larger child tax credit for 2021. Low-income parents, in particular, would benefit.

Qualifying families can receive a child tax credit of $ 3,600 for each child under age 6 and $ 3,000 for each under age 18, up from the current credit of up to $ 2,000 per child. child under 17 years old.

The enhanced portion of the credit will be available to single parents with an annual income of up to $ 75,000 and joint tax filers earning up to $ 150,000 per year.

The tax credit will also become fully refundable so that more low-income parents can take advantage of it. In addition, households can receive monthly payments, rather than a lump sum once a year, which is intended to make it easier for them to cover their expenses.

Families who pay for child care may receive additional help. The bill will provide $ 39 billion to child care providers, some of which will have to be used to help families struggling to pay the cost.

If you are sick

If you’re sick, quarantined, or caring for a loved one or child whose school is closed, bills may prompt your employer to offer sick leave and paid family leave.

Unlike Biden’s original proposal, the bill does not reinstate the mandatory paid family and sick leave approved in a previous Covid relief program. But it will continue to give tax credits to employers who voluntarily choose to offer the benefit until October 1.

Last year, Congress guaranteed many workers two weeks’ pay if they contracted Covid or were in quarantine. It also provided an additional 10 weeks of paid family leave for those staying at home with children whose schools were closed. These benefits expired in December.

If you need health insurance

More Americans can benefit from higher federal grants for Affordable Care Act policies for two years.

Registrants will pay no more than 8.5% of their income for coverage, compared to almost 10% currently. Additionally, those earning more than the current ceiling of 400% of the federal poverty level – about $ 51,000 for an individual and $ 104,800 for a family of four in 2021 – will become eligible for assistance.

Low-income members can have their premiums removed completely for two years, and those receiving unemployment benefits can purchase coverage without premiums in 2021.

In addition, laid-off workers who wish to remain affiliated with their employer’s health insurance plan through COBRA will not pay any premium from April to the end of September.

If you own a small business

The bill provides $ 15 billion for the Disaster Emergency Loan Program, which provides long-term, low-interest loans to the Small Business Administration. Severely affected small businesses with fewer than 10 workers will be given priority for some of the money.

It also provides $ 25 billion for a new subsidy program specifically for bars and restaurants. Qualifying businesses can receive up to $ 10 million and can use the money for a variety of expenses, including payroll, mortgage and rent, utilities, and food and drink.

The paycheck protection program, which is currently accepting second-round loan applications, would get an additional $ 7 billion and the bills would make more nonprofits eligible.

Another $ 175 million would be used for awareness and promotion, creating a community browser program to help target eligible businesses.

Who is unlucky?

Workers paid at or just above the federal minimum wage of $ 7.25 an hour will not see a wage increase.

The Senate parliamentarian ruled in late February that raising the hourly threshold to $ 15 did not meet a strict set of guidelines needed to move forward with the reconciliation process, which would allow Senate Democrats to pass the bill. relief with a simple majority and no Republican vote.

The-CNN-Wire ™ & © 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.

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