by Rosario Méndez
Division of Consumer and Business Education, FTC

This is an alert for small business owners who are looking to apply for the Paycheck Protection Program (“PPP”) loans offered by the U.S. Small Business Administration (“SBA”). The loans help alleviate the economic impact of the Coronavirus pandemic, but there are bad actors trying to get business owners to apply for the wrong program. Today, the FTC announced that it filed a case against a company that allegedly claimed to offer PPP loans — but, in reality, the company is not affiliated with the SBA and, the FTC says, it has been deceiving hundreds, if not thousands, of business owners.

  more...
WASHINGTON, D.C. - U.S. Congressman Paul A. Gosar, D.D.S. (AZ-04) released the following statement after the announced release of more than $30 million of CARES Act relief funding for airports in Arizona's Fourth Congressional District:

"Arizona is one of the fastest growing places in America, and our airports are critical to our economic development and support thousands of jobs. When I flew to DC to vote for the CARES Act, I knew the bill was far from perfect, but it would provide immediate relief to Arizona's hard-working employees, families, small businesses, and it would provide certainty to our economic future. This is just one of the critical and necessary parts of the bill I supported. As we transition out of quarantine and back to a more normal life, it is critical we ensure Arizona's airports remain operational and ready to serve our communities."

Background:
Airports in the Fourth Congressional District receiving grants include:

Bagdad E51 - $20,000
Buckeye Municipal BXK - $30,000
Laughlin/Bullhead International IFP - $3,810,569
Colorado City Municipal AZC - $30,000
Cottonwood P52 - $20,000
Kingman IGM - $69,000
Lake Havasu City HII- $69,000
Phoenix-Mesa Gateway IWA - $20,530,276
Pinal Airpark MZJ - $20,000
Prescott Regional - Ernest A Love Field PRC - $1,042,532
Wickenburg Municipal E25 - $30,000
Yuma MCAS/Yuma International NYL - $4,420,354

For a full list of airports receiving CARES Act grants, visit the FAA's website at https://www.faa.gov/airports/cares_act/.   more...
Dr. William Walters

Alice G. Wells, Principal Deputy Assistant SecretaryBureau of South and Central Asian Affairs

Ian G. Brownlee, Principal Deputy Assistant SecretaryBureau of Consular Affairs

MR BROWN: Hey, everybody. Deputy Spokesperson Cale Brown here. Thanks for joining the call. The State Department continued its 24/7 unprecedented mission throughout this past weekend to bring Americans home from all corners of the world. We have flights coming in from Peru, India, and Egypt, among other places, and we brought home over 43,000 American citizens since January 29th.

To help us delve into some of the statistics and – we’ve got three briefers joining us for this on-the-record call: Ian Brownlee, our Principal Deputy Assistant Secretary from the Bureau of Consular Affairs; Dr. William Walters, Deputy Chief Medical Officer for Operations; and Alice Wells, Acting Assistant Secretary for our Bureau of South and Central Asian Affairs.

  more...
MIAMI — The Coast Guard coordinated three at-sea cruise ship medevacs within the Miami and St. Petersburg areas of responsibility Saturday and Sunday.

Coast Guard Sector St. Petersburg watchstanders oversaw the medevac of one Celebrity Infinity crew member with COVID-19 like symptoms. The cruise ship’s small boat tender transported the ill member ashore to awaiting emergency medical services for further transport to local area hospitals. The watchstanders directed the launch of a Coast Guard Station St. Petersburg 45-foot Response Boat—Medium crew who escorted the tender ashore.

  more...
University of Pittsburgh School of Medicine scientists announced a potential vaccine against SARS-CoV-2, the new coronavirus causing the COVID-19 pandemic. When tested in mice, the vaccine, delivered through a fingertip-sized patch, produces antibodies specific to SARS-CoV-2 at quantities thought to be sufficient for neutralizing the virus.

  more...
WASHINGTON — The Treasury Department and the Internal Revenue Service have announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However, some taxpayers who typically do not file returns will need to submit a simple tax return to receive the economic impact payment.

Who is eligible for the economic impact payment?
Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment. For filers with income above those amounts, the payment amount is reduced by $5 for each $100 above the $75,000/$150,000 thresholds. Single filers with income exceeding $99,000 and $198,000 for joint filers with no children are not eligible. Social Security recipients and railroad retirees who are otherwise not required to file a tax return are also eligible and will not be required to file a return.

  more...