Coronavirus stimulus bill mandates will cripple Texas small businesses: Representative
Rep. Chip Roy, R-Texas, says he’s spoken with small business owners in Texas and they are concerned about getting capital and want as few restrictions as possible to keep their businesses up and running.
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Small businesses across the country are being forced to shutter and even lay off employees as the coronavirus pandemic causes all but the most essential businesses to close.
Cities and states, as well as the federal government, are offering relief to these employers. Treasury Secretary Steven Mnuchin said Friday the small business relief included in the massive $2 trillion coronavirus stimulus package could keep 50 percent of Americans at work.
DOES BUSINESS INSURANCE COVER CORONAVIRUS-RELATED LOSSES?
The largest relief bill in recent memory includes more than $370 billion in funding for small businesses.
Here's how cities and states hit hardest by the pandemic are responding.