USA Today: Will Congress kill your small business? Coronavirus stimulus bill deciding factor

Congress will decide whether your small business lives or dies. That’s not an exaggeration. What Congress does now, in the stimulus bill agreed on by the Senate and White House (but not yet passed by the House) to combat the coronavirus outbreak, determines whether millions of small businesses, including yours, will outlast this crisis.   

But there are flaws in this law that still mean hundreds of thousands—if not millions—of small businesses will die.

“We are facing an extinction-level crisis for small businesses in this country,” warned Amanda Ballantyne, National Director of Main Street Alliance. “If Congress doesn't act immediately to provide operating grants for impacted small business owners, millions of small businesses will be left with no choice but to close their shops and lay off their employees.” That means millions of unemployed workers. Fewer consumers. A slower economic recovery.

Read the full piece here.