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As Congress mulls over the possibility of another stimulus package, and the idea of including a second wave of stimulus checks in it, the House Ways and Means Committee estimates 30 to 35 million Americans are still waiting on their stimulus money from the CARES Act.“Let’s make sure that we don’t lose focus on the people who didn’t get a payment from the first branch,” said Bob Probasco.Probasco is a CPA and the director of the Low Income Tax Clinic at Texas A&M University. He has followed activity with stimulus checks since they started going out in April, in particular, all of the issues the IRS has had in getting the money into taxpayers’ hands.“There are just a number of different problems,” said Probasco. "People had old bank account information on their tax returns, and then, they changed their bank account, but the IRS doesn’t have the new one. The payment went to the bank, it will have to be returned and then a paper check will go out.”The IRS attempted to speed payments up in May by sending out prepaid debit cards to 4 million people, but the debit cards were not as helpful as anticipated and resulted in the IRS continuing to distribute paper checks for the remaining payments.“There were big problems with that,” Probasco explained. “We saw tax representatives, CPAs, lawyers, who people came to and said, ‘I got this’ and they weren’t sure that was legitimate.”The debit cards were sent in barely-marked envelopes that caused so many to think they were fake. So, the IRS had to issue a press release, reminding people that the “plain envelope from Money Network Cardholder Services” is not junk mail.In addition, the IRS had to issue guidance for those who destroyed or threw out their debit cards, asking them to call 1-800-240-8100. Anyone else who hasn’t received a debit card or stimulus check payment can go to the IRS’s Check My Payment feature on its website.“If you see on there that a payment was sent out, but you didn’t get the payment, there is a different number that you can call which is 1-800-919-9835,” Probasco said.The good news is the IRS expects to get all the stimulus payments out ahead of the initial September timeline, and a proposed second round of stimulus checks could go smoother.“There will be some improvements because the IRS has learned some lessons,” said Probasco. 2341

As health system budgets continue to recover from deep losses caused by the COVID-19 pandemic, questions are being raised about why hospitals with billions in reserves still received hundreds of millions of dollars through taxpayer bailouts.As part of the CARES Act in April, the federal government infused billions of dollars into the economy, with much of the money going to hospitals across the country.“The CARES Act basically said hospitals had to apply for money and had to demonstrate need,” said Robert Berenson, a fellow at the Urban Institute. “That was completely ignored under the pressure to get the money out the door.”According to COVID Stimulus Watch, Beaumont Health System received more than 3,377,370 while McLaren Health System took in 6,502,427. Henry Ford Health System reports receiving 0,538,048 through the CARES Act. Spectrum Health collected 9,000,000.According to the health systems’ most recent quarterly financial filings, each had billions in cash and investment reserves.At the end of March, Beaumont reported .05 billion in cash and investments, McLaren had .18 billion and Henry Ford had .25 billion.Spectrum Health, based in Grand Rapids, reported the most: .2 billion in cash and investments — enough to run the health system for 246 days.Berenson, who studies healthcare costs, said the vast revenues should have been utilized, at least in part, to offset costs that were shouldered by taxpayers.“What’s the purpose for not-for-profit hospitals to have large surpluses, other than for this kind of an emergency?” he said.Without question, all of the hospitals saw significant losses in revenue due to elective procedures being canceled and increased expenses in security and scarce personal protective equipment.Each of the health systems stresses that while they appreciate the federal grants, they will not cover all of their losses.Beaumont, McLaren and Spectrum all declined on camera interviews, but Henry Ford’s Health System CFO Robin Damschroder agreed to an interview."It was critical for us to be able to pay payroll, buy pharmaceuticals, pay our utility bills," Damschroder, who leads the Michigan-based system said. "If we didn’t have those accelerated loans, we would have been going out on our credit lines very, very quickly in an effort to keep everything moving."Damschroder estimated the hospital will have lost 0 million due to the pandemic, and is bracing for a second wave to slash revenues further.“We’re anticipating a wave two. We are unclear given the amount of money that’s been given out today whether there will be more money,” Damschroder said. “So if the second wave were as big as the first, or half of the first, you can imagine that Henry Ford is going to have to look to those reserves then.”Grants to hospitals weren’t based on need, but rather on past revenues. It prioritized large health providers first, and smaller, more rural hospitals last.North Ottawa Community Health System in Grand Haven, Michigan, a small hospital with under 500 employees, was struggling well before the pandemic and was late to receive any federal funds after it took hold.“It has shown the light about the inequities of hospital funding,” said Jennifer VanSkiver, chief communications officer for the health system.In total, the health system received .2 million through the CARES Act, not enough to offset .7 million in losses.“With smaller hospitals,” VanSkiver said, “you don’t typically have huge cash reserves or the ability to forever rely on investment income.”Niall Brennan, the CEO of the Healthcare Cost Institute in Washington, doesn’t blame Michigan hospitals for accepting the federal funds because they all lost significant revenues. Back in April, he said, no one knew if the surge of COVID-19 patients would last weeks or months.But where he does fault hospitals is for accepting federal funds and still furloughing or laying off employees. Beaumont furloughed nearly 2,500. Henry Ford furloughed 2,800.McLaren and Spectrum also furloughed employees, but the final numbers were not publicized. Both released statements."McLaren has taken decisive action to stabilize its operations and protect its financial strength during the pandemic," said spokesman Kevin Tompkins in an e-mail."We’ve focused our resources, reduced expenses and boosted our liquidity to ensure we have adequate cash on hand to support normal operations and the increase in COVID-19-related cash obligations that will extend well into 2021. Unfortunately, this pandemic is far from over," he said."The financial impact of COVID-19 is far-reaching and will suppress our health system’s revenues for the remainder of the year, which will end in a loss," said Spectrum Health spokesman Bruce Rossman. "This makes financial adjustments imperative. The most difficult adjustment involved the furloughing of team members and the elimination of positions that would not be needed in the future. These were roles that did not involve direct patient care."Beaumont did not release a statement..“Maybe a CFO can look at the bottom line and say look, we’re not utilizing these people and therefore they need to be furloughed,” Brennan said. “But this was an extraordinary time for our country, and if an organization could afford to keep their workers paid, I think they should have made every effort to do so.”Each of the hospitals said furloughs were necessary to ensure they’d survive longer than just the next year. Most furloughed employees have returned to the workforce."When people start to read about the reserves that certain facilities have or the profits that certain facilities are making or the furloughs that certain facilities are engaging in,” Brennan said, “people sort of question the optics.”This article was written by Ross Jones for WXYZ. 5825

As businesses across the country deal with the economic impact of the COVID-19 pandemic, Country Time Lemonade is making sure the country's "littlest entrepreneurs" get the same help.The Littlest Bailout is an economic relief program aimed at helping kids start lemonade stands. Kids who are 14 and younger can get a 0 "stimulus check," which comes in the form of a prepaid card.Country Time says the money is to help kids "preserve the values of lemonade stands, honest work, and entrepreneurship."To apply, parents must upload an essay, 250 words or less, that answers the question, "How would your child use their stimulus check to juice the economy?"Parents must also upload a picture of the lemonade stand sign their child/children were going to use. The limit is one entry per household.According to the official rules, the company plans to give out 1,000 of the prepaid cards.There is no purchase necessary and the program ends on Aug. 12. Parents can click here to apply.This story was originally published by Emily McCain on WFTS in Tampa, Florida. 1068

Arizona Sen. John McCain, a former Republican presidential nominee and prisoner of war, has died after a battle with an aggressive form of brain cancer.The 30-year Arizona Senator leaves behind wife, Cindy, and 7 children.John Sidney McCain III, 81, was the son and grandson of Navy admirals. He was born August 29, 1936.As a naval pilot, he narrowly escaped death in a fire aboard the USS Forrestal in 1967. Also in 1967, McCain's plane was shot down over Hanoi, and he was captured by North Vietnamese troops. He was tortured during more than five years as a prisoner of war.RELATED:?50 photos that capture John McCain's personalityCelebrity deaths of 2018: Remembering those we've lost this yearAfter retiring from the Navy in 1981, he moved in Arizona and ran for Congress, winning a U.S. House seat the following year.After two terms, he was elected to the U.S. Senate, succeeding Barry Goldwater, and served in the role until his death.McCain married Cindy Hensley, his second wife, in 1980. She is the daughter of an Arizona beer distributor.McCain is father to seven children, including Bridget, a daughter adopted from Bangladesh. Another daughter, Meghan McCain, is a television host on ABC’s The View.A low point in his political career came when McCain was implicated in the Keating Five campaign contribution scandal of the 1980s. The senator emerged with a new passion to reform money in politics. Called a maverick, he bucked his party as he worked with Democrats on campaign finance and other issues.McCain also campaigned for president in 2000 and 2008. In 2008, he won the Republican nomination with a surprising choice of running mate, then-Alaska Gov. Sarah Palin.After his second failed presidential bid, McCain continued as senator, assuming the role of an elder statesman. He visited troops overseas and dug into foreign policy. McCain, due to the lasting impacts of his torture as a POW, could not lift his arms above his head. He had other health scares, including bouts of skin cancer that left a large scar on his cheek. In July 2017, Sen. McCain was diagnosed with glioblastoma, the deadly brain cancer which took his life.Even in his waning days, McCain lived up to his reputation as a maverick. In August 2017, less than two weeks after surgery to remove his tumor, McCain returned to the U.S. Senate floor to become the deciding "no" vote on repealing Obamacare.Senator McCain had a joke he famously told throughout his life. Whenever he got upsetting news, he said he slept like a baby, explaining that he slept two hours, woke up and cried, then slept two more hours and did the same. It’s that wit that many of his closest friends say they’ll remember him by in the days ahead.No funeral arrangements have been announced, but in an interview with “60 Minutes”, Senator McCain recently said he wanted the ceremony to take place at the Naval Academy in Maryland.  2913

An Alabama woman says the temporary teeth that she wore with her zombie Halloween costume almost turned into permanent teeth.Anna Tew of Mobile County, Alabama told WKRG-TV she was forced to schedule an emergency dentist appointment after the "Devil Teeth" she wore with her costume wouldn't come out after nearly a day.Tew said she bought the fake teeth at Walmart to wear with a zombie costume as part of a haunted house at a local school. The teeth came with an adhesive that she applied before putting them in her mouth.But soon after leaving the haunted house, Tew realized the teeth wouldn't budge. On top of that, the teeth were extremely painful, meaning she couldn't eat or drink.At one point, Tew thought that drinking hot coffee would loosen the adhesive, but she told the Ledger-Enquirer that she ended up "drooling" the drink. 850

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