US Senate has agreed to additional CARES Act funding & is adding an incremental $75B to the original $100B for #hospitals & #physicians —resolving any doubt—“language remains the same as CARES Act”—allocation to rural hospitals & “hot zones” presumably TBD by @HHSGov —vote soon.
2/ SBA’s #PPPloans program slated to receive an additional $250B unrestricted + $60B for smaller banks + $50Bin EIDL loans + $10B in EIDL grants + $2.1B in SBA administrative expenses—really? Who wants to bid w/ me that we can administer this program for a paltry $1.9B? Who....
3/ said famously “a billion here, a billion there, and pretty soon you’re talking real money,”? Senator Everett Dirksen (R-IL) who has a Senate office Bldg. named for him in DC—how in the world do we plan to pay for all of this very necessary spending?
4/ for those who were in the queue 4 #PPPloan program, these add' billions should help but squeaky wheel gets the grease so let those bankers know you expect results--they have no risk as the feds are guaranteeing at 100% and they get fees + 1% for a no risk loan, not a bad deal
5/ Several docs have inquired about whether #Surprisemedicalbilling is part of the COVID-19 "3.5" and that answer is no--but the "4.0" bill likely to come up on or around May 4th may include #SMB so it is likely "game on" come May--what a year--it's April and I feel like Xmas!
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