Todd McCracken rejoins Chris Holman to discuss issues that businesses are facing on a National level during COVID-19. Todd currently serves as president of National Small Business Association (NSBA), directing all activities of the advocacy-oriented association.
As a non-partisan organization, NSBA works proactively with elected and administration officials to promote policies that support small business growth and development. NSBA is the nation’s oldest small business organization. It was founded in 1937.
Listen to Todd and Chris’ full interview below
Congress has passed two major pieces of legislation that will affect small businesses in the weeks and months to come as our nation and economy struggles to recover from the widespread effects of the coronavirus pandemic. Most recently, on March 27, Congress passed and the president signed the Coronavirus Aid, Relief and Economic Security (CARES) Act which will pump $350 billion into U.S. Small Business Administration loans known as the Paycheck Protection Program. Prior to passage of this stimulus bill, Congress passed the Families First Coronavirus Response Act (FFCRA) which was enacted to provide sick leave, expanded family and medical leave, and unemployment insurance to workers for specified reasons related to COVID-19.
It is important you know what your rights, responsibilities are, as well as how the government can help you weather this storm.
