Are you concerned about the exploding national debt brought about by the $2.2 trillion CARES relief spending bill and the new $3 trillion spending bill just passed by the House? If so, you are in great company.
On March 27, the US Congress approved a $2.2 trillion stimulus bill intended to inject money into the economy to help the millions of workers and small businesses devastated by COVID-19 closures. The CARES Act provided for $350 billion for small (500 employees or fewer) businesses. Applicants were required to certify that they believed “current […]
Suppose that you retired last year, you’re ready to downsize or move to a warmer climate, and you have been getting your house ready to sell. Or suppose you recently made a career move that includes relocating to a different part of the country. Given the economic and emotional uncertainties around the COVID-19 pandemic, is […]
Senate Majority Leader Mitch McConnell, R-Ky., recently made headlines suggesting states might be better off declaring bankruptcy rather than expecting additional bail-out money from the federal government. Within hours I received several emails from clients wondering if they needed to take action on the possibility that South Dakota might declare bankruptcy.
In a recent column on ways to share an unneeded stimulus check, I suggested you could consider giving it to someone struggling to pay their rent. Initially, I added, “Doing so will benefit both the renter and the landlord.” Upon my final review of the article, I deleted that sentence. Why? I was concerned that […]