At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1, a recent industry report found.
Forty-four percent of the country’s 31.7 million small businesses are at risk of closing by the end of the first quarter, according to small business group Alignable. Small businesses on the brink of closure expect to earn less revenue than their owners estimate is needed to stay afloat.
The federal Centers for Medicare & Medicaid Services (CMS) could decide in a matter of weeks whether it will remove the work or activity requirement in Georgia’s partial Medicaid expansion plan.
The CMS said the plan, which was approved by former President Donald Trump’s administration in October, does not “promote the objectives of the Medicaid program” and would be impossible to accomplish because of the COVID-19 pandemic.
Georgia will provide $552 million in rent and utility assistance to landlords and tenants, Gov. Brian Kemp announced Friday.
The federal government provided the COVID-19-related aid through the Emergency Rental Assistance Program, and it will be paid directly to landlords and utility companies.
In another devastating blow from 2020, we sadly suffered the loss of Professor Walter E. Williams, a distinguished scholar of economics at George Mason University. While his nationally syndicated Townhall columns and stints on the Rush Limbaugh Show made him a household name, I knew him personally as my graduate microeconomics professor.