President Biden's "American Rescue Plan" | Pillsbury Winthrop Shaw Pittman LLP
To embed, copy and paste the code into your website or blog: Last week, President Biden released a fact sheet summarizing a proposed $1.9 trillion COVID-19 stimulus package, which promises to have a broad reaching impact on U.S. businesses. TAKEAWAYS The proposal includes a $15 billion grant program to more than one million of the hardest hit small businesses, reimbursement for employee sick leave, and $35 billion to generate low-interest loans and venture capital to help entrepreneurs. The proposal allocates $130 billion for schools to spend on a variety of safety and student support applica...