Rhode Island
Governor Raimondo was able to get Rhode Island declared a disaster area and thus federal funds are now available through the Small Business Association via low-interest loans. Go to https://disasterloan.sba.gov/ela to apply for your loan of up to $2 million dollars per business.
Rhode Island had 10 new confirmed case of COVID-19 Coronavirus, bringing the total to 33. The global total for confirmed COVID-19 cases has jumped to 214,552 [https://ncov2019.live/].
Federal Payments to Individuals
The Trump administration’s proposed stimulus package to combat economic fallout from the coronavirus pandemic will include two rounds of direct payments to taxpayers totaling $500 billion, according to a document obtained by NBC.
The White House hopes to send out its first round of checks on April 6, and the second on May 18. It will base payments on income level and family size, according to the document. [CNBC.com]
IRS
The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the coronavirus appears on the verge of causing a recession. [ABC News]
Local
Grab and Go breakfast and lunches available at Springbrook School, Tower Street Community Center and Jonnycake Center.” – Christine Cooke, President, Westerly School Committee
A local press conference has been scheduled for Friday @1pm and Westerly Life will be LIVE Streaming it to our Facebook page.
Stop and Shop in Westerly is having senior only hours starting March 19 from 6am til 7:30am.
Stay strong, stay positive, practice proper cough and sneeze etiquette, practice social distancing, and most importantly use the rational part of your brain.
