Small Businesses Hold Off Spending While Waiting for Aid
(USA Today) — Small businesses have put hiring, supply buying and real estate expansion on hold as they wait out the vote on a small-business-aid bill that stalled in the Senate earlier this summer. The much-debated legislation offers tax breaks and waived loan fees. But it also comes with more divisive components, such as a $30 billion fund that would help community banks give loans to small businesses. Opponents say the fund would be a mini version of the often-criticized TARP large-bank bailout program. Many small businesses had hoped the legislation would pass the Senate by the end of July. With two weeks left until Congress reconvenes, those firms are in a holding pattern.
SEE ALSO
- Celebrity Hairstylist Dee Michelle Talks Hair Health & Her Invisible K-Tip Method
- Protected: The Sound Of Movement: Ledisi Reflects On The Power Of Protest Music And Self-Love In ‘The Crown’
- Gym Etiquette 101: 10 Rules Every Respectful Member Should Follow
- Boop, There It Is! Tony Nominee Jasmine Amy Rogers Is Making History As Broadway’s First Black Betty Boop — And She’s Just Getting Started [Exclusive]
- 5 Beyoncé Hairstyles To Complete Your ‘Cowboy Carter’ Tour Look
