![]() The economic behemoth that is the CARES Act has become a common topic among the public, as well as local, state, and federal governments across the country. The economic devastation that has occurred in the name of public health has spurred massive losses across most sectors of business. Don't fear however, the CARES Act money will make everything better. Assuming you are one of the lucky ones to get access to the limited funds provided. Ready, set, go! The CARES Act money won't be around for long, in fact its spending eligibility ends on December 30th, 2020. Whatever isn't spent is sent back to the treasury never to be seen again. At least not under the CARES Act. The race has begun, and the applicants for CARES Act money are growing in number faster than the money can be printed, or typed into existence. Will you be one of the winners? Or will you join the ever expanding number of losers who already lost their businesses, jobs, and livelihoods due to the Covid-19 lock downs and mandates. Sources: https://home.treasury.gov/policy-issues/cares/state-and-local-governments https://home.treasury.gov/system/files/136/Coronavirus-Relief-Fund-Frequently-Asked-Questions.pdf Local References: Town of Mammoth Lakes; Item 10 on link: https://granicus_production_attachments.s3.amazonaws.com/mammothlakes/6bece8391b36ad2a0fdb0111edf7c6890.pdf Mono County; Page 6 Item 11.A on link: https://monocounty.ca.gov/sites/default/files/fileattachments/board_of_supervisors/meeting/30473/08_aug_18_2020_agenda_only.pdf
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December 2022
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