Today President Trump announced an end to the stimulus talks with no hope before Election Day. Main Street Alliance Executive Director, Amanda Ballantyne shares this:
“For Trump to stop negotiations on urgently needed relief, stating he will only resume negotiations after he “wins” the election shows callous disregard for millions of Americans suffering extreme financial hardship. The President appears willing to take the economy down with him if he fails, at this point.
Small business owners across the country are aghast at the short sightedness of this refusal to move an aid package. The failed leadership of the Trump Administration to control the pandemic and keep the economy on track will drive many small business owners to close and lead to prolonged economic hardship for working families in this country. Main Street Alliance members and small businesses across the country have been clamoring for months that additional support is necessary to avert a prolonged, protracted, costly and livelihood destroying economic crisis.
Small businesses have waited far too long for needed relief, and the consequences of delay have meant hundreds of thousands of closures impacting the labor market and economy. This is no time for political brinksmanship. Senate Republicans must come to the table and take action.”
Main Street Alliance is a national network of small business coalitions working to build a new voice for small businesses on important public policy issues.