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July 17, 2025

CARES Act

Article

Under pressure, Harvard says it will reject US relief aid

April 23, 2020 Collin Binkley, Associated Press

CAMBRIDGE, Mass. — Harvard University announced Wednesday it will turn down $8.7 million in federal coronavirus relief, a day after President Donald Trump excoriated the wealthy Ivy League school over taxpayer money it stood to […]

Article

Some N.C. Charter Schools left out of CARES Act funding

April 22, 2020 A.P. Dillon

RALEIGH — At an emergency meeting of the North Carolina State Board of Education, a breakdown of federal funds the state will receive revealed a number of the state’s public charter schools would receive no […]

Business

CARES Act: A catch-22 for NC restaurant owners

April 22, 2020 Elizabeth Lincicome

RALEIGH/CHAPEL HILL — While members of Congress wrangle over how to replenish a popular loan program aimed at helping small-businesses retain workers, the sentiment among North Carolina’s restaurant industry is that the aid package does […]

News

Higher Education institutions see $14 billion from CARES Act

April 20, 2020 A.P. Dillon

RALEIGH — Colleges and Universities in North Carolina will be receiving portions of federal funding for COVID-19 relief under the federal CARES Act. The CARES Act is the $2 trillion economic stimulus bill passed by […]

Article

Mystery request for $250 million pops up at State Board of Education meeting

April 18, 2020 A.P. Dillon

RALEIGH — During the emergency meeting of the N.C. State Board of Education meeting on Thursday, Superintendent Mark Johnson questioned a $250 million dollar request to the Office of Budget and Management. The board meeting […]

NC Treasurer flag-and-seal photo - NC State Treasurer website
News

Folwell: N.C. has received $2 billion in CARES Act funding

April 17, 2020 A.P. Dillon

RALEIGH —$2,033,433,088.75. That is the amount the Trump Administration deposited into the state treasury on April 15. North Carolina received the funds from the federal government as part of the Coronavirus Aid, Relief, and Economic […]

Article

Government lending program on hold after reaching lending limit

April 16, 2020 Joyce Rosenberg, Associated Press

NEW YORK — The government’s paycheck protection loan program for small businesses is on hold. The Small Business Administration said Thursday that it reached the $349 billion lending limit for the program. Thousands of small […]

Article

McConnell: Health care tops list for next virus aid bill

April 3, 2020 Lisa Mascaro and Andrew Taylor, Associated Press

WASHINGTON, D.C. — Senate Majority Leader Mitch McConnell said Friday that health care must be at the “top of the list” in the next coronavirus rescue package. The Republican leader said Congress should focus on […]

Article

Agriculture provisions in CARES Act total $49 billion

April 1, 2020 A.P. Dillon

RALEIGH — The U.S. Senate’s recently passed Coronavirus Aid, Relief, and Economic Security Act (CARES Act) will provide various protections and benefits to support agricultural businesses and farmers. The $2 trillion CARES Act is intended to […]

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