Posts Tagged Covid Stimulus Watch


Rescue Plan Showers States and Localities with $350 Billion; Tax Cuts or Building Back Better?

In addition to aid like unemployment insurance and business loans, Uncle Sam is disbursing hundreds of billions to help the economy recover from impacts caused by a global pandemic and widespread economic shutdown. The Delta variant has sparked renewed hardships. 


Private Equity-Backed Companies Add to List of Unnecessary CARES Act Recipients

A new report from three government watchdog groups reveals a stunning figure: companies controlled by private equity firms received approximately $5.3 billion in federal CARES Act funding. Sadly, PE portfolios are not the only beneficiaries with deep pockets that got money from a relief package that was supposed to help small, struggling businesses and keep workers on the job.


Big Bucks, Vague Rules: States Fail to Disclose their CARES Act Spending

As part of the $2.2 trillion pandemic relief CARES Act enacted in spring 2020, states received $150 billion in general assistance via the Coronavirus Relief Fund. Within limits tied to the pandemic, the Relief Fund is meant to be flexible, and allowing states, U.S. territories, and tribal governments to direct money where it is most needed. So how is that money being spent? States have been inconsistent in reporting. One positive outlier: Alabama.


Private Detention Facility Operators, Prison Contractors Receive PPP Loans

A new analysis by Good Jobs First has identified 22 companies involved in detention operations and prison contracting that received loans totaling more than $47 million from the Paycheck Protection Program (PPP). The findings suggest that additional federal action and evaluation of the PPP will be necessary to meaningfully curtail government support of the private prison industry.


Wanted: Research Analyst to Track Federal Pandemic $$$

Good Jobs First is a 23-year-old non-profit research center based in Washington, DC. GJF focuses on government and corporate accountability and now seeks a research analyst to work on its Covid Stimulus Watch project.