Bipartisan Legislation Seeks to Assist Smallest Businesses in Dealing With COVID-19 Challenges

615
SHARE
Rep. Dan Kildee (D-Mich.) is leading a bipartisan group of lawmakers who are seeking to provide relief amid COVID-19 to the smallest of businesses in the United States. (photo credit: dankildee.house.gov)

As the country‘s smallest businesses fight to withstand COVID-19 challenges, a bipartisan gang of congressmen seeks to give them particular helpThe Hill reported.

The members of Congress, headed up by Rep. Dan Kildee (D-Mich.), will announce a bill giving $50 billion to the smallest of the nation’s enterprises, which have struggled to contend with larger companies for crisis assistance through programs run federally.

Congress has provided in excess of $650 billion for the Paycheck Protection Program, devised to give loans that can be accessed without difficulty to the enterprises that have been dealt the most difficult hardships. However, the smallest businesses in the nation have had difficulties getting the help as there has been an intense hurry for it.

Signup for the USA Herald exclusive Newsletter

The new bill looks to fill in those cracks, bringing on stricter acceptability instructions aiming for the smallest enterpriseslocations such as pubs, salons and coffee shops that “are kind of like the fabric of a community,” Kildee stated, “but don’t ever get to the front of the line no matter how quickly that line is moving.”