Dave Portnoy’s ‘Barstool Fund’ Raises $20M, Helps More Than 90 Small Businesses

The Barstool Fund, created by Dave Portnoy, has helped raise more than $20 million, helping nearly 100 small businesses hurt during the coronavirus pandemic lockdowns. Portnoy started the Barstool Fund one month ago with his own $500,000 to help small businesses.

The fundraiser has raised $20,119,270 from more than 156,000 donors and has aided 92 small businesses across the country as of Thursday evening.

Earlier in the day, Portnoy announced his fundraising success on Twitter, but stressed that their mission is far from over.

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Virginia Business Community Praises COVID-19 Stimulus, but Seeks State Action for Full Benefits

Virginia business advocates praised the COVID-19 stimulus package passed by Congress but said additional state action is necessary for businesses to receive the full benefits of the legislation.

The $900 billion COVID-19 stimulus provides about $325 billion in aid to small businesses nationally, including $284 billion for forgivable Paycheck Protection Program (PPP) loans, $20 billion for Economic Injury Disaster Loan grants, $15 billion for live venues, independent movie theaters and cultural institutions and another $12 billion for businesses in low-income and minority communities.

Congress’ bill also addressed a couple of concerns businesses raised regarding the first wave of PPP loans. The bill simplifies the forgiveness applications and makes the loans tax deductible at the federal level. The deductibility applies to loans that already have been received and any loans received in the second wave, which would prevent a hidden tax increase on businesses.

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Fauci: ‘Close the Bars and Keep the Schools Open’

Dr. Anthony Fauci said “close the bars and keep the schools open” during a Sunday interview on ABC’s “This Week With George Stephanopoulos.”

“Martha, that’s a good question. We get asked it all the time. We say it not being facetiously as a sound bite or anything, but you know, close the bars and keep the schools open is what we really say,” Fauci told ABC’s Martha Raddatz.

Fauci was specifically referring to how President-elect Joe Biden’s future administration can have a collective plan to reopen schools. Fauci also specifically referred to New York City schools closing in November.

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Commentary: In-Person Schooling Would Be One of the Safest Activities to Reopen

Most students around the country haven’t been to school since March, when large parts of the country began to lock down in response to the COVID-19 pandemic. Now, the data increasingly suggests that reopening schools entails the least risks and should be a goal of every level of government.

The early hope was that the closures would be temporary, such as Michigan’s school-closure order that was originally meant to end in April—but that was extended for the rest of the school year.

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Analysis: President Trump Was Correct About the Rapid Economic Rebound Post-Shutdown as Another 630,000 Americans Come Off Unemployment Benefits

Another 630,000 Americans came off continuing unemployment claims the week ending June 27, according to the latest unadjusted data from the U.S. Department of Labor, proving President Donald Trump is right about the economy rapidly recovering from the COVID-19 pandemic state-based shutdowns.

Since the week ending May 9, unadjusted continuing unemployment claims have dropped from 22.8 million to 16.8 million the week ending June 27, a massive turnaround of 6 million Americans who temporarily found themselves on unemployment benefits but then rapidly came off of it on a net basis.

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Commentary: Trump Soars in Approval as America Begins Reopening, Challenging China

President Donald Trump continues to see his highest approval ratings of his first term in office, hitting 49 percent in the most recent Gallup survey (48 percent disapprove) and 51 percent in the Hill/HarrisX poll (49 percent disapprove) as the Trump administration continues its response to the China-originated COVID-19 pandemic and states begin reopening.

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Michigan Gov. Whitmer Refuses to Apologize for Coronavirus Restrictions, Says ‘I’m Not Changing the Way I Run This State’

Democratic Michigan Gov. Gretchen Whitmer said Monday that she will not change the way she runs Michigan during the coronavirus pandemic.

The Michigan governor discussed her coronavirus restrictions and the protests that have erupted against her executive orders during an interview with Fox News.

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