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When the coronavirus forced churches to close their doors and give up Sunday collections, the Roman Catholic Diocese of Charlotte turned to the federal government s signature small business relief program for more than US$8 million. The diocese s headquarters, churches and schools landed the help even though they had roughly US$100 million of their own cash and short-term investments available last spring, financial records show. When the cash catastrophe church leaders feared didn t materialize, those assets topped US$110 million by the summer. I am gratified to report the overall good financial health of the diocese despite the many difficulties presented by the COVID-19 pandemic, Bishop Peter Jugis wrote in the diocese s audited financial report released last fall.
U.S. Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats push to immediately bring President Donald Trump s demand for bigger US$2,000 COVID-19 relief checks up for a vote, saying the chamber would "begin a process" to address the issue.