The American Rescue Plan Could Help America’s Small Businesses

President Joe Biden has recently unveiled his American Rescue Plan, a $1.9 trillion stimulus package intended to address the Covid-19 pandemic by providing funding for vaccinations, relief to families hit hardest, and support for struggling communities. While members of Congress are currently debating the provisions and cost of this proposal, many small business owners and business leaders see it as a necessary lifeline to make it through this pandemic. 

In fact, the U.S. Chamber of Commerce, who historically doesn’t support many Democratic proposals,  issued the following statement, “The U.S. Chamber of Commerce welcomes the introduction of President-elect Biden’s American Rescue Plan. Specifically, we applaud the President-elect’s focus on vaccinations and on economic sectors and families that continue to suffer as the pandemic rages on.” Additionally, Moody’s Analytics, in an independent analysis, estimated that the plan would…