|
POLITICAL & GOVERNMENT NEWS
Trump Administration Tells Judge It Will Partially Fund Snap Benefits Using Contingency Funds
A federal judge ruled that the Agriculture Department must disburse funding for SNAP, also known as food stamps. Agriculture Secretary Brooke Rollins said Monday that it would take "several weeks to execute partial payments."
Read more: NBC News
Twenty-Three Effects Being Felt on Day 35 of the Shutdown
The current government shutdown is poised to become the longest in history. On Nov. 3, it ties the 35-day record set in 2019, during President Donald Trump’s first term. With no serious negotiations happening, it’s a good bet the shutdown will continue for the foreseeable future. Many of the effects like lapses in food aid for the lowest-income Americans are just starting to be felt.
Read more: CNN
BUSINESS SMARTS
Five Critical Moves Small-Business Owners Should Make as Shutdown Freezes SBA Funding
The government shutdown has frozen millions in Small Business Administration loans, creating immediate threats to small businesses’ cash flow and survival. A finance expert says they need a survival plan right now.
Read more: CPA Practice Advisor
With ACA Open Enrollment Underway, Some Business Owners Worry About Upcoming Changes
At the heart of the political fight over the government shutdown is enhanced subsidies that have kept the Affordable Care Act insurance a little more affordable. About half of the tens of millions of people on the ACA plans own or work for a small business, and they're now about to do without those subsidies.
Read more: Idea Stream
|