Rehiring has been happening, but slowly. Another 1.9 million people filed jobless claims last week. LA will move money out of policing. Congress’ new rules for PPP loans. A look at how housing came to be precarious for many.
The proposed cuts amount to at most 8% of the LAPD’s $1.86 billion budget.
One change: Businesses will have more time to spend their loans and still qualify for forgiveness.