Covid-19 and Paid Sick Leave in Texas
This post reviews current developments in federal and state paid sick leave policies, and examines the key arguments of proponents and detractors. Continue Reading
Public Finance
After the PPP: What is there for Mid-Sized Entities?
The road to recovery is still full of economic challenges for many, including mid-sized businesses and nonprofit organizations. This post reviews loan programs and proposals that aim to fund these two types of entities, including a mid-sized business loan program and the Main Street Lending Program (MSLP). Continue Reading
Tax and Financial Reporting Issues Associated with the Paycheck Protection Program
With Congress recently passing the Paycheck Protection Program Flexibility Act, program recipients need to be aware of tax and financial reporting-related compliance issues. This blog post discusses three such issues where the rules are not entirely clear. Continue Reading
The Paycheck Protection Program: Troubled Beginning, Improved Prospects?
Lawmakers responded quickly to alleviate long-term damage to the economy by providing the Paycheck Protection Program (PPP) as a temporary source of liquidity for small businesses. Although the PPP has had a rough start, the lessons learned over the last two months can guide the Small Business Administration (SBA) to make improvements. Continue Reading
How does the CARES Act help recent college graduates (and the class of 2020)?
On March 27, Congress passed the third legislative relief package, the Coronavirus Aid, Relief and Economic Security (CARES) Act, to stimulate the economy and help workers. What are the most relevant provisions in the CARES Act that benefit newly minted college graduates? Continue Reading
Hold the SALT, please
The authors discuss the proposal to repeal the cap on the state and local tax deduction and why that would be a mistake, especially given the pandemic and the policy responses that should be enacted. Continue Reading
Coronavirus fiscal aid measures
In this post, the authors discuss the main provisions of three emergency funding bills passed by Congress and then discuss general rules for evaluating current and future policies designed to mitigate long-term damage to the economy from the coronavirus pandemic. Continue Reading