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I shall post videos, graphs, news stories, and other material there. We shall use some of this material in class, and you may review the rest at your convenience. You will all receive invitations to post to the blog. (Please let me know if you do not get such an invitation.) I encourage you to use the blog in these ways:
To post questions or comments about the readings before we discuss them in class;
To follow up on class discussions with additional comments or questions.
To post relevant news items or videos.

There are only two major limitations: no coarse language, and no derogatory comments about people at the Claremont Colleges.


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Tuesday, April 21, 2020

Senate Passes New Aid Bill

Today, the Senate just passed a new nearly $500 billion coronavirus spending bill aimed mostly at replenishing the small business loan program, aka the Paycheck Protection Program, which had entirely run out of funds within the first weeks of the CARES Act being implemented. Many had complained that the small business program funding had been eaten up quickly by medium to larger businesses that were better prepared to apply quickly to the program.

This bill provides $350 billion to the program and foreshadows new bills that will likely be in the works in the coming weeks. It will likely pass the House and be signed by President Trump by the end of the week.

https://www.politico.com/news/2020/04/21/senate-coronavirus-relief-package-197983


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