Senators explain CARES Act
April 9, 2020
Senators Lisa Murkowski and Dan Sullivan held an electronic town hall meeting last week to talk about the Coronavirus Aid, Relief, and Economic Security Act and what kind of aid it provides to small businesses.
In their town hall meeting, the senators focused on several key provisions. One was the Paycheck Protection Program. According to the U.S. Small Business Administration, the program offers a loan designed to provide an incentive for small businesses to keep their workers on payroll in the coming weeks as COVID-19 continues to affect the U.S. economy. The loans, which are provided th...