Businesses Await Fourth CARES Act

Many involved in supporting small business are waiting anxiously for a Congressional agreement to be nailed down for a fourth version of the CARES Act to inject another $250 billion into the Payroll Protection Program after the emergency loan program ran out of funds within a week of being rolled out.  The Dalles Area Chamber of Commerce CEO Lisa Farquharson says Chamber organizations are communicating with Senators and Representatives emphasizing the need for the money to get to small businesses.  ABC reported on Monday afternoon that Congressional leaders and the White House are inching closer to striking a bipartisan deal that will replenish the depleted small business loan program and provide funding to hospitals struggling under the coronavirus public health crisis — with a debate over testing emerging as one of the final areas of dispute.  

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