The Latest COVID-19 Numbers for State of California 2,535 Cases, 66,800 Tests Done, 48,600 Test Results Pending, 53 Deaths
Posted by: thepinetree on 03/25/2020 07:18 PM
Sacramento, CA....The California Department of Public Health today announced the most recent statistics on COVID-19. California now has 2,535 confirmed cases. The increase in testing numbers reported today largely come from commercial, provider and academic labs that have increased testing capacity and are now reporting that data to the state. The biggest labs included in this count include Quest, LabCorp, Kaiser, University of California and Stanford. For more information on COVID-19 and California's response visit the California Department of Public Health website.
Sacramento, CA...Governor Gavin Newsom today announced that financial institutions will provide major financial relief for millions of Californians suffering financially as a result of the COVID-19 outbreak. “Millions of California families will be able to take a sigh of relief,” said Governor Newsom. “These new financial protections will provide relief to California families and serve as a model for the rest of the nation. I thank each of the financial institutions that will provide this relief to millions of Californians who have been hurt financially from COVID-19.”
McConnell on Bipartisan Coronavirus Relief: “The Senate Stepped Up” as Senate Passes $2 Trillion Stimulus Bill 96-0
Posted by: thepinetree on 03/25/2020 10:26 PM
Washington, DC...U.S. Senate Majority Leader Mitch McConnell (R-KY) delivered the following remarks today on the Senate floor regarding the Coronavirus Aid, Relief, and Economic Security (CARES) Act: “It has only been 65 days since the first American tested positive for the new coronavirus on our soil. “In barely two months, this pandemic has upended our nation. “As of this morning, more than 175 million Americans have been advised to remain in their homes. More than half of our people are effectively sheltering in place.
Our Choice: A Third Quarter Rebound or a Lost Decade By Congressman Tom McClintock
Posted by: thepinetree on 03/24/2020 01:33 PM
Roseville, CA...The anguish in people’s voices as they call our office every day is heart-breaking. Many are wondering how they can pay their bills, whether their job will still exist in a week, whether their retirement savings have been decimated or whether they’ll lose the shop they’ve spent their lifetimes and life savings to build.
Federal Reserve Announces Extensive New Measures to Support the Economy
Posted by: thepinetree on 03/23/2020 07:15 AM
Washington, DC...The Federal Reserve is committed to using its full range of tools to support households, businesses, and the U.S. economy overall in this challenging time. The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation's first priority is to care for those afflicted and to limit the further spread of the virus. While great uncertainty remains, it has become clear that our economy will face severe disruptions. Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate.
Tax Day Now July 15: Treasury, IRS Extend Filing Deadline and Federal Tax Payments Regardless of Amount Owed
Posted by: thepinetree on 03/23/2020 10:05 AM
Washington, DC... The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.
State Postpones Tax Deadlines Until July 15 Due to the COVID-19 Pandemic
Posted by: thepinetree on 03/23/2020 12:18 PM
Sacramento, CA...The Franchise Tax Board (FTB) announced updated special tax relief for all California taxpayers due to the COVID-19 pandemic. FTB is postponing until July 15 the filing and payment deadlines for all individuals and business entities for: 2019 tax returns, 2019 tax return payments, 2020 1st and 2nd quarter estimate payments, 2020 LLC taxes and fees, 2020 Non-wage withholding payments
President Trump, Vice President Pence, and Members of the Coronavirus Task Force in Press Briefing
Posted by: thepinetree on 03/22/2020 02:38 PM
Washington, DC...Thank you very much. A lot of things going on, and we’re going to be going over to the Hill, and we’re having a lot of meetings. And, from the financial — this is a medical situation, not a financial situation. The financial, though, is moving along very nicely.
