March 17, 2020
By: Caity Witucki
BREAKING NEWS – White House Announces $250 Billion Small Business Stimulus Package
This morning, U.S. Treasury Secretary, Steven Mnuchin, announced the Administration’s plans to introduce a $850 billion stimulus package in response to the coronavirus outbreak. $500 billion of the White House proposal would come from the president’s payroll tax cut proposal, $50 billion would be for the airline industry and $250 billion – with a “B” – would be for small business loans.