NBC News: More than 100 CEOs warn Congress of 'catastrophic' consequences for small biz without relief bill
What do you think?
Over 100 CEOs of US Companies collaborated on a letter to send to congress urging them to pass a bill that provides long-term assistance to small businesses:
In a letter released Monday that was sent to top congressional leaders of both parties in the House and Senate, the CEOs and other executives warn of significant consequences to the economy if Congress doesn't immediately act to save small business.
The aim of the bill is to ensure small businesses survive the now and after 2021:
"By Labor Day, we foresee a wave of permanent closures if the right steps are not taken soon," they wrote. "Allowing small businesses to fail will turn temporary job losses into permanent ones. By year end, the domino effect of lost jobs — as well as the lost services and lost products that small businesses provide — could be catastrophic."
We must urge congress to provide needed relief to small businesses and we need your help. Contact your legislator and tell them to pass long-term relief for small businesses.
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