A Capitol Hill impasse. A program that wasn’t nearly big enough to start with. Small businesses, already on the precipice of collapse by the thousands, now lacking in the clearest path to survival.
Washington dysfunction and distrust are coming at the absolute worst time for small business owners that desperately need support.
The backbone program of the $2 trillion stimulus designed to keep workers employed has been shuttered after less than two weeks. Tens of thousands of businesses did not get access to the program before it ran dry. Those businesses, many of them teetering on the brink of failure, currently have no clear pathway to survival at the moment.