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Skimm This

Million Dollar Question: How Many of us Have Had COVID-19?

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 24 April 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

President Trump signed the bill to re-up the Paycheck Protection Program.  But: there might be another snag. We’ll dive into why it still may not get small businesses the help they need. Meanwhile: a new study out of New York says that the outbreak may have been more widespread than initially thought. We’ll tell you why that might actually bring some good news to the fight against the virus. Also on today’s show: a survey of artists finds nearly all have been impacted by COVID-19. We’ll tell you how.  If you or someone you know is an artist or creative worker who needs help, the National Endowment for the Arts has a list of resources you can check out, including Artist Relief.  If you’re interested in helping seniors who need help shopping for groceries, you can donate to Meals on Wheels, which has a COVID-19 response fund. You can also join Nextdoor, where lots of communities are discussing how to help local seniors.  This morning we hosted a live online presentation called, “How to Save Money During COVID-19.” We talk about how to cut back expenses, negotiate with businesses you pay every month, and lower your debt payments. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Friday, April 24th.

0:02.8

Welcome to Schim this.

0:04.3

We're breaking down the most complex stories of the day and giving you the context on why

0:08.1

they matter.

0:09.1

Today, President Trump signed the bill to re-up the Paycheck Protection Program.

0:13.5

But there might be another snag.

0:15.7

Banks.

0:16.7

We'll dive into why it may still be hard for small businesses to get the loans they need.

0:21.5

Then a new study out of New York suggests the outbreak may have been more widespread than

0:25.6

initially thought.

0:26.8

We'll tell you why that might actually be good news when it comes to the fight against

0:30.2

the virus.

0:31.2

We're here to make your evening smarter.

0:33.4

Let's skim this.

0:39.3

This episode is brought to you by Clarna, a better way to shop.

0:46.4

Okay, the COVID-19 pandemic is a rapidly changing story with lots of moving parts.

0:51.8

And we're going to help you sort out what exactly you need to know.

0:54.8

Starting with the three big developments of the day.

0:58.2

Around lunchtime today, President Trump signed the latest economic relief bill, which includes

1:02.6

topping up the Paycheck Protection Program, a fund that's meant to help small businesses

1:06.5

with over $300 billion in emergency loans.

1:10.0

That's important because as we pointed out yesterday, this program is supposed to help

...

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