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DENVER, Colo. -- President Trump recently approved changes to the Paycheck Protection Program to give small business owners more opportunities to qualify for loan forgiveness. Some owners say even with the changes, it’s still a long process to get their PPP loan forgiven.Gail Lindley is the 3rd generation in her family to run the Denver Bookbinding Company. “It’s more than a business, it’s truly our life blood,” Lindley said.The 91-year-old company received a Paycheck Protection Program loan that helped Lindley keep the lights on and employees working on the limited orders coming in.Now, Lindley is worried about the extensive requirements to make sure her loan is forgiven.“The bank told us, ‘You really need to document well,’” said Lindley.The PPP loan forgiveness application is 11 pages long and requires companies to document all spending on payroll, rent and utilities. Changes to the act were signed into law by President Trump on June 5. Companies must still prove they’ve retained workers and kept wages the same to earn full loan forgiveness.Consumer Bankers Association CEO, Richard Hunt, said documenting this is an unnecessary burden for small business owners.“Right now, small businesses across the country are spending about ,000 more more and 15 more hours submitting another application packet,” said Hunt. “We’re saying, just forgive all the loans under 0,000,” he said.Lindley believes automatic forgiveness would help people get back to work more quickly. “There’s only so many hours in a day, and I want to spend it working on my business not filling out forms,” she said.The Small Business Administration is requiring the most documentation for businesses who want full forgiveness. With the changes President Trump approved, businesses have 24 weeks instead of just eight weeks to use the funding—and only 60% of the loan needs to be used for payroll instead of the original 75%.“We can make that money last a little bit longer and be more thoughtful on how that’s doled out,” said Lindley.These changes are helping many, but Hunt said more needs to be done to lift time-consuming burdens off small businesses just getting back to work.“0,000 or less constitutes 85% of all loans, but only 20% of all the funding, so those larger businesses would still have to submit a forgiveness process, but not the mom and pop shops who are still in the red right now trying to make ends meet,” he said.For Lindley, she’s just hoping all the bookkeeping she’s done will be enough to keep her family’s story alive. 2548
Democratic presidential nominee Joe Biden discussed coronavirus vaccines during an event Wednesday after being briefed by public health experts on the issue.During his speech, Biden said that while he trusts what scientists say about a potential vaccine, he doesn’t trust President Donald Trump.He mentioned what he called Trump’s “incompetence and dishonesty” surrounding the distribution of personal protective equipment and coronavirus testing. “We can’t afford to repeat those fiascos when it comes to a vaccine,” said the former vice president. “I trust vaccines, I trust scientists, but I don’t trust Donald Trump, and at this moment, the American people can’t, either.”The Trump campaign has accused Biden and his running mate, Kamala Harris, of sowing doubt about a potential vaccine by expressing concerns that politics count taint the approval process.Asked whether his comments could undermine public trust in scientists, Biden said the vaccine approval process should be “totally transparent” and it should be evaluated by a “board of scientists” that could give the public an unbiased opinion.Watch his remarks below:Biden's speech took place the same day that the federal government unveiled initial plans to distribute COVID-19 vaccines when they become available.According to a plan put forth by the Department of Defense and other federal agencies, the first round of vaccines would be reserved for medical professionals and essential workers. Eventually, vaccines would be distributed to whoever would like one.Vaccines would be provided to the public without cost thanks to Congress's legislation and signed into law by President Donald Trump.However, The Associated Press reports that officials face an uphill battle in getting the country vaccinated. A poll taken earlier this year indicates that about half of people would not take a vaccine if offered one.Biden's comments also come a day after President Donald Trump made the claim that COVID-19 would "disappear" even without a vaccine. 2019
DENVER, Co. – The Durans' home is a family treasure. It’s been passed down through three generations. “My grandparents started this house and he finished it,” said Linda Duran of her father, Gerald Duran. “You name it, I did it,” laughed the Korean War Veteran about the hundreds of hours he’s poured into the family home over the years. This home not only represents a wonderful building achievement, but it’s a place where laughter and memories have been shared every single day. Stories of war, stories about school days and all that life brings in between. As their family grew, the home expanded. “I built this, I built that,” said Gerald pointing around the property. “With help, you know, you cannot do anything without help.” This year, Linda and her dad found their family needing a little help with their home once again. “There were a lot of things that needed work and especially, the safety,” said Linda. The outside doors didn’t close or lock, and the kitchen didn’t have working appliances. But COVID-19 made those repairs impossible to pay for after Linda lost her job. “Can't do anything anymore hardly,” said Gerald. “I want to go to bingo. No, I ain't got no money. Got to buy groceries. That's what's hard. That's what gets hard.” “You're not able to do the things you used to be able to do afford, because being on a fixed income and no income is detrimental,” said Linda. So, she reached out for help. “It’s an awful feeling because I’m not no spring chicken, so I just feel like, ‘Gosh at this point in my life, I should be able to help him more than I am,’” said Linda. A nonprofit called Rebuilding Together answered her prayers. The nationwide group connects contractors and volunteers willing to donate work and supplies for critical home repairs in their own communities. “The majority of people we help are older Americans, veterans or people with disabilities, and so they’re supposed to stay at home and shelter at home, and it’s kind of hard to do that if it’s not safe in their house,” said Jodie Liddy, who works with volunteers across Denver, Colorado. 2107
Democrats plan to hold an almost entirely virtual presidential nominating convention Aug. 17-20 in Milwaukee using live broadcasts and online streaming. Party officials confirmed Wednesday that Joe Biden will accept the presidential nomination in person, but it remains to be seen whether there will be a significant in-person audience there to see it. The Democratic National Committee said in a statement that official business, including the official vote to nominate Biden, will take place virtually with delegates being asked not to travel to Milwaukee. 566
Despite pleas from federal and local leaders to stay home for the holidays and keep gatherings to household members, the TSA screened nearly 1.2 million travelers Wednesday, a record high during the pandemic.According to TSA reports, 1,191,123 people were screened at TSA checkpoints at the country’s airports on December 23. This is the highest number of travelers since mid-March when the coronavirus pandemic and fears about spreading the deadly virus slowed down travel.Wednesday’s high number of travelers beat the previous pandemic-period record set the Sunday after Thanksgiving, with 1,176,091 travelers.For comparison, Wednesday’s amount of travelers is down 38% compared to the same weekday a year ago - which happened to be Christmas Day.Wednesday was the 8th time there have been more than 1 million air travelers in the U.S. since March 16, and the 4th time in the month of December alone.Here’s a look at which days since mid-March have had more than 1 million travelers go through TSA checkpoints:October 18: 1,031,505November 20: 1,019,836November 25: 1,070,967November 29: 1,176,091December 18: 1,066,747December 19: 1,073,563December 20: 1,064,619December 23: 1,191,123Following the Thanksgiving holiday, many states reported surges in coronavirus cases. The CDC had issued guidance ahead of Christmas warning people to keep their celebrations small and with those who live with them.“As cases, hospitalizations, and deaths continue to increase across the United States, the safest way to celebrate the winter holidays is to celebrate at home with people who live with you,” the guidance reads.Anyone who travels should take precautions both before and after, by isolating themselves and getting tested. As of Thursday morning, the U.S. has recorded almost 18.5 million cases of the coronavirus since the pandemic started, and the virus has caused more than 326,000 deaths in this country, according to data from Johns Hopkins University.The CDC says just over 1 million COVID-19 vaccines have been administered and more than 9 million have been delivered around the country. 2101