Small Businesses Call on Congress, Administration for Critically Needed Financial Assistance

Date: October 06, 2020

WASHINGTON, D.C. (Oct. 6, 2020) — The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, issued the following statement from Kevin Kuhlman, Vice President of Federal Government Relations following the announcement today of halted COVID-19 recovery talks:

 “Small businesses across the country are doing everything they can to support their employees, families, and communities despite the difficult situation of slower sales and increasing economic uncertainty. According to NFIB research, half of small business owners anticipate needing additional financial assistance to survive. Many small businesses and their employees cannot afford to wait – they need Washington to act. More than one-in-five small business owners will likely be forced to close their doors under current economic conditions in the coming months, according to our recent surveys. We urge Congress and the Administration to continue negotiations and consider legislation that has broad bipartisan agreement – small business recovery assistance – so that small businesses, our nation’s economic engine, can continue to move forward.”

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