Blog, May 2020
What’s New in Covid Stimulus Watch
Rescuing the Cheaters
More Provider Relief Fund Data Added
Covid Stimulus Watch Adds 5,000 Healthcare Provider Awards
Should Taxpayers Aid Corporate Bad Actors?
The uproar over the participation of larger companies in the Paycheck Protection Program is a sign that the country will increasingly confront a broader issue about the massive Covid-19 relief effort: does every company deserve assistance during a crisis that affects all parts of the economy?
Data Tip No. 2
Data tip No.2 from Covid Stimulus Watch: it turns out for-profit colleges are getting covid aid under the Higher Education Emergency Relief Fund. We've added entries for the likes of DeVry and the Univ. of Phoenix.
Data Tip No. 1
Data tip from Covid Stimulus Watch: we now have some entries for stimulus awards to for-profit healthcare providers. For example, over $1 billion to Community Health Systems Inc.
Protecting Meager Paychecks: Covid Stimulus Watch Reveals Low-Wage Employers in the Paycheck Protection Program
Among the limited number of corporations known to have been awarded federal loans under the Paycheck Protection Program, at least 16 pay their workers less than the national median household income level. Five pay wages so low they fall below the poverty line for a family of four.