Old 09-24-2020 | 11:03 AM
  #24  
EDVPLT
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Originally Posted by MSP7ERB
What exact strings were attached to the CARES money? For the sake of argument, lets say Delta meet their buden by not forcing any layoffs and all those who wanted to stay employeed and get paid were able to do so. If that was the case and there was a billion of CARES money left over after the 6 month period, is Delta obligated to earmark that money or is the left over just gravy for Delta to use at their discretion? Not taking sides one way or the other but just trying to figure out what would happen to any money left over at the end of the 6 month period?
CARES money can only be used for Payroll and benefits. So if there is any money left over that will just continue to be used but only for the purpose of paying employees and their benefits.
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