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RSS FeedsStaying afloat: $2.2 trillion bill offers economic lifeline amid coronavirus pandemic
(WorldNews Politics)

 
 

28 march 2020 08:47:10

 
Staying afloat: $2.2 trillion bill offers economic lifeline amid coronavirus pandemic
(WorldNews Politics)
 


WASHINGTON (AP) — In the coronavirus crisis, even doctors can face a cash crunch. Dr. Benjamin Ticho, an ophthalmologist in Chicago Ridge, Illinois, has seen his revenue plunge 80% as patients stay home and he cancels non-emergency surgeries. He's cut his staff's hours sharply and is negotiating with his creditors. `We've reached out to many of our bigger vendors and said, 'Hey, we may be facing a cash crunch — can you give us a break, or at least defer payments?' Many have been sympathetic,` said Ticho, who owes loans on medical equipment. He's giving his patients a break, too, by holding off for now on collecting their unpaid balances. The record $2.2...


 
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