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Small Business Alone Needs $1 Trillion Now
The GOP stimulus plan has good ideas for covering service-industry payrolls amid the coronavirus shutdown, but doesn’t set aside enough to pay for it.
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Restaurants and shops are closed across the U.S. to try to slow the spread of the coronavirus. The Federal government has started to address the resulting economic pain with an emergency declaration by President Donald Trump releasing $50 billion for public-health measures and congressional passage of a multi-billion dollar relief bill providing some paid sick leave and extended unemployment benefits, among other assistance.
Fortunately, the U.S. Senate stepped up on Thursday to do more.