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Home > Up First > The Indicator From Planet Money: Small Businesses On Their Own
Podcast: Up First
Episode:

The Indicator From Planet Money: Small Businesses On Their Own

Category: News & Politics
Duration: 00:10:57
Publish Date: 2020-04-26 06:57:06
Description: Congress passed the $2.2 trillion CARES Act last month. Part of the act was designed to help small businesses, by offering loans of up to $2 million, to keep their heads above water while the economic shutdown continues. Or that was the idea, at least. It turns out that the $350 billion dollars in aid directed to small and medium-sized enterprises isn't getting to many of them. When it has arrived, it's been in much smaller amounts than advertised. And today we learned the money has run out, leaving a disturbing number of small businesses on the brink of ruin.
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