PPP
Despite criticizing federal spending, some GOP Senate candidates accepted PPP loans
The field of Republican Senate candidates is crowded, and the elbows are sharp. Candidates lash out at one another for not being Trump-y enough, for being part of the “establishment” or for being willing to compromise. But their favorite punching bag, unsurprisingly, is the Biden administration. With inflation at record levels and the price of […]
Official unemployment rate doesn’t capture enormity of COVID-19 labor force fallout
We know COVID-19 has hurt workers, especially service industry workers, hard. A recent poll of Ohio economists conducted by my firm found 38 of 40 economists think the economic fallout of COVID-19 will fall disproportionately on low- and middle-income families, with economists citing the labor market structure as the major culprit of this inequitable outcome. […]
Demas: The coronavirus crisis shows now is the time to demand more from our government
America has blown past every country in the coronavirus pandemic, with almost 4 million cases and more than 140,000 deaths. If you want to know why the most medically advanced country in the world ended up here, look no further than the malfeasance and conspiracy-mongering of President Donald Trump. The New York Times this weekend ran a devastating tick-tock […]
Ohio Democratic Party received at least $150,000 through PPP loan
The Ohio Democratic Party received a forgivable loan of between $150,000 and $350,000 from the federal government under a program designed to help small business keep their employees on the payroll. Paycheck Protection Program data released by the federal government on Monday shows the party was approved for the loan April 30. Unlike with most […]
Lawmakers advance small business relief bill without extra cash for states
WASHINGTON — The U.S. Senate on Tuesday cleared an “interim” COVID-19 relief package that includes billions of dollars for small businesses, hospitals and testing, but no additional funds for state and local governments. The nearly $500 billion package passed by unanimous consent Tuesday afternoon. The U.S. House is expected to reconvene on Thursday to vote […]