Fairness in the Recovery Process
What to Know: The Paycheck Protection Program, the federal government’s attempt to assist small businesses hit hard by the coronavirus shutdowns, bypassed many of those small businesses.
The TPPF Take: Josh Collins runs a bar-and-grill in Tyler, Texas, on the courthouse square. His is one of the many small businesses that has fallen through the cracks, receiving no assistance. This hurts his workers, too.
“Two things are clear in this economic crisis; we need to get back to work, and any assistance needs to be directed specifically at helping businesses reopen and keep or rehire their workforce. Many employers who were forced to close by government-mandated shutdowns incurred significant losses and now need help to repair the damage but any assistance must be carefully administered in order to serve the purpose of getting the economy back on track and Americans back to work,” says TPPF’s Rod Bordelon. “Our Workplace Recovery Act is also inherently fair in that it is open to a broad spectrum of businesses and allows smaller businesses to have the same program access as larger businesses.”