$1.3 B unspent Cares Act money reported
10-13-2020, 08:09 AM
#1
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$1.3 B unspent Cares Act money reported
I thought we were told that all of the Cares Act money had been spent. I think the most important quality of a leader is absolute honesty. "However, a 32% decline in labor costs in the quarter led to $1.3 billion in unspent federal funds awarded by Congress in March to cover airlines’ payroll costs for six months and protect jobs."
https://www.reuters.com/article/inst.../idUSKBN26Y1P7
https://www.reuters.com/article/inst.../idUSKBN26Y1P7
10-13-2020, 08:28 AM
#4
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Originally Posted by TCMC17RES
I thought we were told that all of the Cares Act money had been spent. I think the most important quality of a leader is absolute honesty. "However, a 32% decline in labor costs in the quarter led to $1.3 billion in unspent federal funds awarded by Congress in March to cover airlines’ payroll costs for six months and protect jobs."
https://www.reuters.com/article/inst.../idUSKBN26Y1P7
https://www.reuters.com/article/inst.../idUSKBN26Y1P7
in one of the town halls Ed admitted there was leftover money that will continue to be used for payroll..... except for the furloughed pilots. #Family
10-13-2020, 08:31 AM
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Originally Posted by FreightWasScary
in one of the town halls Ed admitted there was leftover money that will continue to be used for payroll..... except for the furloughed pilots. #Family
Thanks for clearing that up. I just wanted to be sure we were getting straight information.
10-13-2020, 08:32 AM
#6
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Originally Posted by TCMC17RES
Thanks for clearing that up. I just wanted to be sure we were getting straight information.
10-13-2020, 08:33 AM
#7
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Originally Posted by FreightWasScary
in one of the town halls Ed admitted there was leftover money that will continue to be used for payroll..... except for the furloughed pilots. #Family
10-13-2020, 08:55 AM
#8
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Originally Posted by FreightWasScary
in one of the town halls Ed admitted there was leftover money that will continue to be used for payroll..... except for the furloughed pilots. #Family
10-13-2020, 09:33 AM
#10
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Posts: 366
Originally Posted by Jaww
I don’t know, ummm, maybe because the taxpayer paid for just that.
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