Notes from Washington

An Opportunity to Innovate

COVID-19 has upended just about every aspect of American life, and small businesses and their employees have been hit hard. Compared to before shutdowns to contain this pandemic began, unemployment rates are up and revenues are down.

Congress has responded to these economic impacts through legislation such as the CARES Act and the Paycheck Protection Program this bill created, which is designed to help businesses cover their expenses and keep their employees on payroll through forgivable loans. A report released by the Department of Labor on July 2 showed that the economy added nearly 5 million jobs in June, a sign that this program is helping many businesses get back on their feet, but times remain tough for many small businesses and their workers.

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Nemaha County Herald

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Auburn, NE 68305
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Notes from Washington | The Nemaha County Herald

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